What is the Asking Price?

The current asking price for this property is $1,200,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 6 beds, 4 baths, 3,207 sqft, 0.22 acres lot, built in 1940, 66 pictures.

Where is the property located?

Property is located at 5407 29TH AVE S, GULFPORT, FL, US. You can view this listing on our map here .

En venta: 5407 29th Ave S, Gulfport, 33707, FL

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5407 29TH AVE S, GULFPORT, 33707

$1,200,000
6 Beds, 4 Baths , 3,207 Sq.Ft
County: Pinellas
Subdivision: VETERAN CITY

Property highlights

MLS#: TB8320872
9,675.00 lot size Sq.Ft.
Year built: 1940

Listed: 11/14/2024
Taxes: $9,515.00
Virtual Tour

Property Overview

RARE 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.

Driving directions : Head southbound on I-275. Take exit 19 towards 22nd Ave S. Turn left onto 49th St S, Right on 28th Ave S, Next left on 54th St S then right onto 29th Ave S. Property is on your right hand side.

Property Features

Rooms	Dimension	Description
Primary Bedroom	10x9	First level , Ceiling Fan(s)
Living Room	10x12	First level
Kitchen	8x10	First level

Interior Features

Ceiling Fans(s)
Living Room/Dining Room Combo

Appliances

Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer

Heating

Central
Electric

Laundry features

Inside

Air Conditioning

Central Air

Floor Covering

Ceramic Tile
Wood

Utilities

Cable Connected
Public

Exterior features

Outdoor Grill
Sidewalk

Parking features

Guest
Off Street
Open

Patio and porch features

Covered
Deck
Patio
Porch

Architectural Style

Bungalow

Community Features

Sidewalks
Street Lights

Security Features

Smoke Detector(s)

Construction Materials

Frame

Other Structures

Shed(s)

Road Surface Type

Brick

Property Condition

Completed

Roof

Shingle

Foundation

Crawlspace
Pillar/Post/Pier

Vegetation

Mature Landscaping
Trees/Landscaped

Lot Features

Corner Lot
City Limits
Landscaped
Near Public Transit
Street Brick

School Information

Elementary school: Gulfport Elementary-PN View more listings
Middle school: Azalea Middle-PN View more listings
High school: Boca Ciega High-PN View more listings

Listing information courtesy of ENGEL & VOLKERS ST. PETE

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Listing data comes from My Florida Regional MLS.