Welcome to Sea Grape Cottage, a historic, one-of-a-kind 5-bedroom, 4-bathroom home nestled in the heart of the vibrant and eclectic Historic Gulfport Art District. Spanning an impressive 3, 686 square feet (342. 4 m²) on one of the largest combined lots in Gulfport (also outside the flood zone), this grand home exudes character, blending vintage architectural details with modern updates. The first floor features a Great Room showcasing a magnificent wood-burning fireplace and perfect for entertaining, along with the spacious primary suite, an additional bedroom with walk-in closet, and a large office / bedroom. There is also an enclosed Florida room, perfect for relaxation. Upstairs you'll find another bedroom suite with generous closet space and a writing nook. The home boasts high ceilings, extensive areas for displaying art, and bamboo floors throughout the main living areas, adding warmth and elegance to the space. Off the fully-renovated kitchen is a large private courtyard patio for al fresco dining.
Attached to the home, with its own private entrance, is a fully renovated charming one bedroom Casita, or mother-in-law suite, providing a perfect retreat for guests or potential turn-key rental income. There is also an attached one-car garage with a sink and space for a work bench and storage.
Recent updates include a new roof with wind mitigation features and new gutters, a new Trane 5-ton HVAC system, and several new appliances. The exterior has been thoughtfully updated, with a large main driveway providing ample parking, restored block wall along street perimeter, refreshed vintage paver walkways, a separate driveway for Casita access / RV parking, and new garden designs featuring fruit trees and ornamental plants. The property also includes exterior lighting and a converted carport to a covered seating area, making it an ideal space for outside entertaining. Inside, the kitchen has been completely renovated with new cabinets, quartz countertops, recessed and pendant lighting, and top-of-the-line appliances. The large dining room, lovingly known as the “Boat Room", features a unique wooden ceiling, nautical design and a separate boat bench sitting area.
Encompassing 3. 5 lots, this property offers plenty of space for potential expansions, including a fully cleared lot that is ready for your ideas, such as a future pool or putting green. The home is walking distance to Gulfport's lively art scene, acclaimed restaurants, marina, and a variety of recreational options, including beaches, pickleball/tennis courts, parks, and more. This home, which has sustained no hurricane damage in over 13 years of ownership, is not in a flood zone, providing peace of mind. With its exceptional charm, unique history, and proximity to the best of Gulfport, St Petersburg, Tampa and airports, Sea Grape Cottage is a truly unmatched property.
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Our Executive Mortgage Banker:
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$1,295,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $694 | $694 | $694 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,634 | $6,634 | $9,096 |
Total Monthly Payment | $7,453 | $7,453 | $9,915 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.