2501 gulf avenue

Opportunity knocks! This home is ready for a complete renovation and is priced accordingly. Featuring a solid footprint and endless possibilities, it offers the perfect chance for investors, flippers, or buyers looking to create their dream home. Extensive updating is needed throughout, making this a true blank canvas. If you're looking for potential rather than perfection, this could be the project you've been waiting for. Electricity is on, but light bulbs are burned out. Replacing bulbs soon. Sold As-Is. Colony Park Condominiums is an established gated neighborhood in the heart of east Gulfport. This renovation project townhome offers a solid structure and great potential. The monthly HOA fee of $550 covers many things: water, sewer, trash pickup, exterior unit insurance, common area and clubhouse electricity, as well as maintenance of the grounds, pool, and security gate. Located in the gated Colony Park Condominium community, this New Orleans-style townhome is part of a serene, well-loved hidden gem. The home features 2 bedrooms and 1.5 baths. Community amenities include a clubhouse, grilling area, pool with waterfall, dog park, and designated RV/boat parking. Enjoy the feel of a private oasis within a gated community, all within walking distance to the beach and boardwalk and close to local entertainment. Short-term rentals are not permitted. CPCA only allows three (3) rentals in the complex with a 6-mo. minimum lease. All the other units are owner occupied or 2nd homes. There are currently 3 rentals. Property is being sold AS IS.