5508 11th Avenue S Gulfport, FL 33707
For Sale MLS# TB8427454
5 beds 4 baths 2,766 sq ft Multi-family
Details for 5508 11th Avenue S
MLS# TB8427454
Description for 5508 11th Avenue S, Gulfport, FL, 33707
Perfect Investment Opportunity in Gulfport!!! This is an unparallel investment opportunity with Immediate CASH FLOW and NO FLOOD INSURACE required!!! Unaffected by recent hurricanes, this gem is close to Gulfport's lively arts district, upscale restaurants, chic and unique boutiques, and picturesque waterfront parks. Featuring three one-bedroom units and one two-bedroom unit, each updated, modernized, and impeccably maintained. The two upper units both have a nice sice Florida room/office/den and a balcony. Nearly 2800 sf of heated living space. The property sits on 2 lots and has a HUGE fenced in backyard and 3 sheds for extra storage. New roof in 2017 Each unit has its own water/sewer/trash account and separate electric meters. This is really an incredible opportunity. The minimum rental time is 1 month. Rent out all unit or live in one and make money with renting the other 3 units. (Can be bought together with 5518 11th Ave MLS TB8427452) Nestled near Boca Ciega Bay, enjoy easy access to a fishing pier, marina, gourmet dining options, and public transportation. Immerse yourself in the beauty of Tomlinson Park, boasting a baseball field, playground, pond, Hyatt Park, and pickle/tennis courts, alongside the nearby Pinellas Technical College, St. Petersburg/Gibbs Campus and Boca Ciega High School, Gulfport Library, and Catherine Hickman Theater, Pasadena Golf & Yacht Club, Palms of Pasadena Hospital, Stetson University College of Law, Boca Ciega Yacht Club, Clam Bayou Nature Park, and access to kayaking, walking, and biking trails of St. Petersburg, as well as the Gulfport Senior Center. Discover the vibrant downtown of Gulfport, a hub of cultural events year-round, and relish in its public beach with recreational amenities such as a playground, sand volleyball courts, charming shops, delectable eateries, and convenient bus stops. Only a short 30-minute drive to international airports and mere minutes away from the pristine Gulf Beaches, this property offers a rare opportunity to invest in the heart of Gulfport, one of Pinellas County's most coveted and rapidly expanding communities.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 5
Bathrooms: 4
Lot Size: 0.25 Acres
Square Feet: 2,766 sq ft
Year Built: 1957
Construction: Block,Concrete
Subdivision: Pasadena Heights
Foundation: Crawlspace
Number Of Units Total: 4
County: Pinellas
Interior Features
Basement: Crawl Space
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Wall/Window Unit(s), Ceiling Fan(s)
Heating: Window Unit, Wall Furnace, Electric
Exterior / Lot Features
Roof: Other
Lot Dimensions: 106X106
Additional Exterior/Lot Features: Lighting, Fence, Garden, Storage
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1950
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1500
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1500
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1500
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Driving Directions
From 58th Street S go east onto 11 Ave S. Property is on the south side.
Financial Considerations
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Gross Income: 73290
Tax/Property ID: 28-31-16-67572-002-0040
Tax Amount: 5322
Tax Year: 2024
A broker reciprocity listing courtesy: SOUTH BEACHES REAL ESTATE
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5508 11th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5508 11th Avenue S
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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