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Home For Sale
5407 29TH AVENUE S
Gulfport, Florida 33707
Pinellas CountyCommunity: VETERAN CITY
$1,200,000
6 br, 4.0 bath
3207 sq. ft.
0.000 acres
RARE GULFPORT INCOME-PRODUCING SINGLE FAMILY HOMES (3) W/ LEGAL 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.
Interior:
- Bedrooms: 6
- Baths: 4.0
- Sq Ft: 3207
- Year Built: 1940
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central Furnace
- Garage: Guest, Off Street, Open
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Shingle
- MLS #: TB8320872
Contact Information:
Call now 1-855-943-4259 |
Listing Agent: Leisa Mohler-Erickson, Engel Völkers St. Pete, 727-295-0000, 727-295-0000
Listing Site, Listing Status: Active
Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5557622
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Updated: Nov 15, 2024