tomo logo

$590,000

Beds
3
Baths
2.0
sq ft
1,235

5402 8th Ave S, Gulfport, FL 33707

5402 8th Ave S

GULFPORT, FL 33707

  • 3 days on market
RARE GULFPORT OPPORTUNITY - INCOME PRODUCING COTTAGE! Welcome to La Casa Del Mare! The moment you walk in, you can feel the organic modern tones and the warm relaxing feeling this home has to offer! Tucked away on a large corner lot in artistic Gulfport, on a dead end private road, this cottage has all the original charm you could ask for with updates giving you the best art Gulfport has to offer! This cottage offers a rare and unique opportunity with 3 bedrooms, 2 baths, having the option of an income producing Guest House and/or live-in Mother-In-Law Suite with their own separate entrance! NO Flood Insurance Required! Newer Windows (2020). Newer Plumbing & Electrical (2020). You will be drawn in by the natural Florida charm from the tropical paint colors, landscaping, beautifully stained wood fence, custom shutters, welcoming trellised archway with private gate that leads straight to your front porch entryway. Step inside and you will be amazed at the pride of ownership reflected throughout! This home boasts luxurious updates with 5.5” baseboards, luxury vinyl waterproof flooring, shiplap style walls, and GOLD fixtures. You are greeted with a bright and spacious living room with large windows to allow in natural light and built in shelving. Off of the living room, a beautiful architectural archway entry leads into your kitchen and dinette space. The dream like kitchen has plenty of cooking space with an expansive BUTCHER BLOCK countertops, desired farmhouse sink, soft closing shaker cabinets, gorgeous tile backsplash, GOLD hardware, CROWN MOLDING, and floating shelves. Split bedroom floor plan allows for you to choose how you want to live inside! Two spacious bedrooms share a luxurious bathroom with marble vanity, designer tile flooring and tub/shower combo. Or you can escape to your bright and spacious Primary’s suite featuring high vaulted bead-board ceilings, original beams, shiplap walls and your own private kitchenette with access to your backyard. Primary's spacious en suite features MARBLE sink vanity, shiplap style walls, vaulted ceiling, and walk-in shower stall with beautiful custom tile and stone finishes. Split bedroom floor plan offers privacy for all while giving you the option for a large Primary’s suite/MIL suite/income producing unit while residing in the front portion of the home! Modern barn door entryway reveals interior laundry room and unique office/reading nook. True Florida outdoor OASIS in your fully fenced backyard with stone fire-pit, bonus Shed for storage, and 100 year old private gate side entry. Stepping stones lead you to a bonus large side yard. Plenty of yard space for a pool! Money saving Well pump irrigation system installed (2021). Newly stained double gate doors reveal a finished oversized carport. Conveniently located to everything- Just 20 blocks from O'Maddy's and downtown Gulfport restaurants and shopping, 8 minutes from Gulf beaches, nearby access to Pinellas Trail, Tyrone Square Mall area, and I-275 for easy commutes. Schedule your appointment today! Buyer to verify all information.

Details

Property type

Single Family Residence

Est. home value

$563,939

Lot size

6,360 sq ft

Price per sq ft

$478

Year built

1953

Annual property taxes

$4,624.14

HOA

No

Price History

01/19/2025
StellarMLS

StellarMLS #TB8340565

Listed
$590,000
+5.36%
06/21/2022
StellarMLS

StellarMLS #U8161319

Sold
$560,000
+302.88%
08/31/2019
StellarMLS

StellarMLS #U8054089

Sold
$139,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$20,263
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$522,537
Cash to seller
$20,263

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

Seller’s Loan History

Lender

Das Acquisition

Loan start date

June 2022

Original loan amount

$543,100

Est. remaining balance

$522,537

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Sedale Lashea Saunders and Samantha Redett

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?

Status: Active

Tomo last checked: 01/22/2025 at 8:50 AM

Listing updated: 01/20/2025 at 6:54 AM

Listed by: Linda Elliott, ELLIOTT COASTAL REALTY LLC Phone #: (727) 576-4663

MLS: StellarMLS #TB8340565

StellarMLS logo

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