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$315,000

Beds
2
Baths
2.0
sq ft
1,350

3019 Dupont St S, Gulfport, FL 33707

3019 Dupont St S

GULFPORT, FL 33707

  • 2 days on market
Hurricane Helene is being referred to as a “One in a hundred-year storm”. Many homes and businesses in Gulfport were flooded, which is creating a temporary downturn in the market. GULFPORT WILL REBUILD SO TAKE ADVANTAGE OF THIS OPPORTUNITY TO BUY AT DRAMATICALLY REDUCED PRICE! Located on Dupont St. in Gulfport’s Art District, this 2 Bedroom/2 Bath home has block construction, an oversized kitchen and a newer roof (2020). Only a short 5 min walk from downtown provides easy access to Gulfport’s restaurants, bars and festivals for you or your guests. Home has been rented during Snowbird Season in the past for $4500/month! This home was flooded during Hurricane Helene, but repairs would be minimal to get this home put back to its original beauty. Appraisal was just completed and the structure was valued at $326,000 so repairs would be well below FEMA limits. Several homes on the block are under construction &/or have submitted permits to build a new, elevated home. When completed, these homes will likely be valued at $1M or more! Real Estate Rule #1: Location, location, location. Real Estate Rule #2: Buy the smallest home in the best neighborhood. If the buyer does not want to repair the existing home, the seller has preliminary plans for a 3 Bedroom/2 Bath elevated home.

Details

Property type

Single Family Residence

Est. home value

$569,142

Lot size

3,511 sq ft

Price per sq ft

$234

Year built

1963

Annual property taxes

$2,987

HOA

No

Price History

02/19/2025
StellarMLS

StellarMLS #TB8351735

Listed
$315,000
+28.05%
04/25/2016
StellarMLS

StellarMLS #U7758400

Sold
$246,000
+36.67%
05/12/2014
StellarMLS

StellarMLS #U7608654

Sold
$180,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$81,862
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$207,938
Cash to seller
$81,862

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

July 2020

Original loan amount

$230,400

Est. remaining balance

$207,938

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Jeffrey Alan Wright and Rhonda L Wright

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 1:50 PM

Listing updated: 02/21/2025 at 1:15 PM

Listed by: Rhonda Wright, FOREVER FLORIDA REAL ESTATE Phone #: (727) 440-6444

MLS: StellarMLS #TB8351735

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