5407 29th Avenue S, GULFPORT, FL 33707
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Address: 5407 29th Avenue S, GULFPORT, FL 33707
Property Location and Similar Properties
- MLS#: TB8320872 ( Single Family )
- Street Address: 5407 29th Avenue S
- Viewed: 203
- Price: $1,200,000
- Price sqft: $374
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 3207
- Bedrooms: 6
- Total Baths: 4
- Full Baths: 4
- Days On Market: 130
- Additional Information
- Geolocation: 27.7412 / -82.7069
- County: PINELLAS
- City: GULFPORT
- Zipcode: 33707
- Subdivision: Veteran City
- Elementary School: Gulfport Elementary PN
- Middle School: Azalea Middle PN
- High School: Boca Ciega High PN
- Provided by: ENGEL & VOLKERS ST. PETE
- Contact: Leisa Mohler-Erickson
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DescriptionRare gulfport income producing single family homes x (3) zoned for legal nightly rentals in the gulfport waterfront redevelopment district (flood zone x)| exceptional income producing opportunity in gulfport's thriving downtown. This rare triple bungalow property in the heart of vibrant downtown gulfport, florida, represents an exceptional investment opportunity. Generating an impressive annual rental income, these three charming bungalows are poised to deliver strong cash flow and long term appreciation. Each bungalow which is a stand alone structure x 3 is fully licensed for nightly rentals, an invaluable asset in this vibrant vacation destination. The three bungalows include a 3 bedroom, 2 bath unit, a 2 bedroom, 1 bath unit, and a 1 bedroom, 1 bath unit. Ideally situated just steps from gulfport's finest dining, shops, beach, marina, and entertainment, the property provides an unbeatable location for short term guests seeking the authentic charm of this coastal town. With a combined total of six bedrooms and four bathrooms spread across the three units, the layout accommodates large groups and families comfortably. And with the properties being sold fully furnished, including all indoor and outdoor furnishings, this truly is a turnkey investment ready to generate income immediately. Also, for a value add play, there is a wonderful opportunity to remodel and revamp the vibe to increase total rental income. Boasting classic bungalow architecture, in unit laundry, and spacious outdoor amenities like a large courtyard, off street parking, and lush landscaping, these meticulously maintained properties offer the historic character and modern conveniences that today's discerning travelers demand. Own knowing you have security in flood zone x which remained high and dry even during these last 2 storms of 2024. This investment is primed to capitalize on gulfport's thriving vacation rental market. Don't miss this exceptional opportunity to own a highly profitable, low maintenance portfolio of income producing properties in one of florida's most desirable coastal destinations.
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- Views: 203
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- Nicole Haltaufderhyde, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.425.0845
- 352.425.0845
- nicoleverna@gmail.com