5601 Tangerine Avenue SGulfport, FL 33707Sale Price: $525,000

esting on a Beautiful Flood Zone X Corner Lot (50' x 127') that is Fronting a Brick Street, This Multi-Family Duplex Offers Spacious Living, Dedicated Laundry Closets for Each Unit and a Great Investment. The Southern Unit Offers 832 Living SF with Two (2) Bedrooms, One (1) Bathroom, Private Front Porch, Yard Space and Covered Parking Space. The Northern Unit Offers 744 Living SF with Two (2) Bedrooms, One (1) Bathroom, Private Front Porch, Yard Space and Covered Parking Space as Well. The Building is Single Level, Concrete Block Construction and Offers the Following: Newer Windows and Doors (All with Hurricane Protection), Newer Air Conditioning Systems (2024), Fresh Exterior Paint, Large Parking Area, Ample Yard Space, Refreshed Landscaping and So Much More. Many Updates Throughout Both Units Including the Kitchen and Bathrooms Spaces. Each Unit Has its Own Water/Sewer/Trash Account, Separate Electric and Dedicated Laundry Closet. Spacious Rooms and Generous Outdoor Living Spaces Make These Units Very Comfortable and Appealing for Future Tenants/Owners. The Southern Unit is Currently Rented for $1,800 per Month (Lease Ending Date of March 31st, 2025) with a Projected Future Rent of $2,400, and the Northern Unit is Currently Rented for $1,350 per Month (Lease Ending Date of June 14th, 2025) with a Projected Future Rent of $2,100 per Month.