5407 29TH AVE S new Save Request In-Person Tour Request Virtual Tour
Gulfport,FL 33707
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,207 sqft
Price per Sqft $374
Subdivision Veteran City
MLS Listing ID TB8323293
Year Built 1940
Annual Tax Amount $9,515
Lot Size 9,583 Sqft
New Construction false
Property Description
RARE GULFPORT INCOME-PRODUCING SINGLE FAMILY HOMES (3) W/ LEGAL AIRBNB GRANDFATHER STATUS | 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.
Location
State FL
County Pinellas
Community Veteran City
Rooms
Other Rooms Inside Utility
Interior
Heating Central,Electric
Cooling Central Air
Flooring Ceramic Tile,Wood
Laundry Inside
Exterior
Exterior Feature Outdoor Grill,Sidewalk
Garage Guest,Off Street,Open
Community Features Sidewalks
Utilities Available Cable Connected,Public,Street Lights
Waterfront false
Roof Type Shingle
Building
Lot Description Corner Lot,City Limits,Landscaped,Near Public Transit,Street Brick
Foundation Crawlspace,Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Schools
Elementary Schools Gulfport Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools Boca Ciega High-Pn
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None