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5501 18TH AVENUE S, Gulfport, FL, 33707 | $549,900
MOTIVATED SELLERS will look at all offers. Charming Gulfport Duplex with Income Potential & Park Views!
This masonry duplex in central Gulfport offers incredible flexibility, whether you're looking for an investment opportunity or a multi-generational living arrangement. Located directly across from Tomlinson Park, the property enjoys picturesque views of the pond and fountain, creating a peaceful and inviting setting.
Each unit features two bedrooms, one bath, an open kitchen and living room layout, and a versatile bonus room that can serve as a home office, den, or formal dining area. The east unit has a side entrance that leads to a large open porch, offering a private entry option. The west unit has a rear door that opens to its own private porch facing the backyard. It also boasts a spacious walk-in closet leading to the laundry room, as well as an extra-large, partially finished garage with a bonus bathroom. The enclosed 2-3 car garage and bathroom were finished prior to the sellers' ownership, and no permit records are available for those modifications.
With separate electric and water meters, this property is an ideal investment. A pocket door currently connects the two units, allowing for easy use as a multi-generational home, or it can be closed off to maintain the property as a traditional duplex. Each unit has its own private laundry room with exterior access, providing additional convenience. A brand-new roof was installed in February 2025, ensuring peace of mind for years to come.
The location couldn’t be better, with Tomlinson Park right across the street. Enjoy a morning walk around the pond, catch a little league game, or take advantage of the recreational workout area and playground. Stetson University’s College of Law is just minutes away, and downtown Gulfport, with its charming shops, restaurants, festivals, and nightlife, is a short bike ride or drive. The award-winning Gulf beaches and vibrant downtown St. Petersburg are also just 10 to 15 minutes away, making this an unbeatable location.
Don’t miss this rare opportunity to own a centrally located duplex with income potential and prime Gulfport charm!
Features
- Bedrooms: 4
- Units: 2
- Lot Size: 70 x 107
- Laundry: Laundry Room
- Year Built: 1948
- Garage: 3-car Driveway, Off Street
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,688
- Acreage: 0.17
- Lot Size: 70 x 107
- Est. Taxes: $1,056
- Lot Desc: Corner Lot, City Lot
- View: Park/Greenbelt
- Appliances: Dryer, Range, Range Hood, Refrigerator, Washer
- MLS#: TB8361951
- Days on Market: 217 days
- Website: https://www.raveis.com
/prop/TB8361951/550118thavenues_gulfport_fl?source=qrflyer
Listing courtesy of CALDWELL REALTY Phone: 727-321-1212
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5501 18TH AVENUE S, Gulfport, FL, 33707
$549,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $88 | $88 | $88 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,532 | $2,635 | $3,508 |
| Total Monthly Payment | $2,712 | $2,815 | $3,688 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388