3114 & 3116 Dupont Street. New -$30K Price Improvement!!! This Fabulous Gulfport Duplex (+1) features a total of 3 residential living units. This fully updated multi-family property is by definition "turn-key" and just waiting for you!!! Currently zoned as a "Duplex" with a separate additional 2-Bed, 1-Bath Living area above the 2-Car Garage. Note: The Finished 3rd Living area above the Garage includes an additional 700 SqFt of "Living Space" that is not currently reflected in the Public Records. The street level (ground floor) Duplex, units 3114 and 3116 feature Two 1 Bedroom & 1 Bathroom Units. Clean & Spacious with Tile Flooring throughout (See ALL Upgrades Listed Below). The custom remodeled 2-Bed, 1-Bath Additional Living space above the garage is currently occupied by the owners and shares the same street/mailing address as the ground floor unit 3114 (address on left side). Both units can be featured as short term (rental) income properties for seasonal "guests" or a new owner can occupy one of the units. This fantastic property offers tremendous Living and income opportunity in one of the more sought after beach communities of Tampa Bay. This Duplex (+1) is a short stroll to the Gulfport Beach Park and Rec Center on Boca Ciega Bay. Close to all the shops, cafes and restaurants. This property features a Large Two Car Garage with the Additional Living Unit located above the garage. Located in the eclectic and quaint Gulfport Waterfront and Art District (The Dunedin of South Pinellas County), one Block to the Boulevard Lined with Restaurants, Bars, Shops, and Of Course, the Beautiful Waterfront & Historic Casino. Sand Volleyball, Playground & Fishing Pier with a Boat Marina nearby. Unit 3114 is currently Homesteaded as the Sellers live in the Additional Space upstairs. Unit 3116 is rented annually and the downstairs unit next door that shares the same address with the upstairs living space is available for short term, seasonal "guests". Income options for the entire space (all 3-Units) could range from VRBO/AirBnB to longer term rentals. Recent Updates include a New Metal Roof: $30k, New privacy PVC fence, New ceiling in garage. The additional living space above the garage was renovated and permitted. The completed renovation updates include framing, plumbing, electrical, new AC ductwork and HVAC system, new impact/storm windows, new stairs, new flooring, new paint, updated bathroom. Additional Upstairs Residential Unit (2-Bed, 1-Bath living space) Dimensions (Provided by Owner in Inches): Living room 275x151; Bedroom-1 132x121; Bedroom-2 132x121. Both bedroom measurements do not include the closet space. Bathroom 103x69. Updates to Duplex Unit 3114 (downstairs): Granite countertop, AC and duct work replaced in 2021. Updated walk in shower, New paint. Recent Updates for Unit 3116 include: New AC duct work, paint, plus washer & dryer hookups added for convenience. Information on the current annual rental income and Lease for unit 3116 - Available on Request. "Projected Income" based solely on potential Annual Rent. Seasonal Income could be significantly higher. All "rents" are "market driven" and are subject to fluctuation based on demand. The "Portrait" style images 31 thru 42 are all for Unit 3116 (unit on the right). Updated 'Main Water Line' to street. It has recently been fully replaced (from the Main City Shut-Off Valve). All New Pipes!!! Total SqFt includes additional 700 SqFt for finished 3rd Living space above the Garage.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,920 | $639,920 | $639,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $581 | $581 | $581 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,420 | $4,204 | $5,357 |
Total Monthly Payment | $5,093 | $4,877 | $6,030 |
* 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.