Unlock Your Dreams
5407 29th Avenue S, GULFPORT, FL 33707
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  • MLS#: TB8320872 ( Residential )
  • Street Address: 5407 29th Avenue S
  • Viewed: 10
  • 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: 39
  • 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
  • 727-295-0000
  • mfrmls
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outdoor Grill, Sidewalk
  • Fencing: Fenced, Wood
  • Flooring: Ceramic Tile, Wood
  • Living Area: 3207.00
  • Other Structures: Shed(s)
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, City Limits, Landscaped, Near Public Transit, Street Brick
School Information
  • High School: Boca Ciega High-PN
  • Middle School: Azalea Middle-PN
  • School Elementary: Gulfport Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Guest, Off Street, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Public, Street Lights
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo
  • Legal Description: VETERAN CITY LOT 25
  • Levels: Two
  • Area Major: 33707 - St Pete/South Pasadena/Gulfport/St Pete Bc
  • Occupant Type: Tenant
  • Parcel Number: 33-31-16-93942-000-0250
  • Style: Bungalow
  • Views: 10
Headshot for Associate Jarrod Cruz
  1. Jarrod Cruz, ABR,AHWD,BrkrAssc,GRI,MRP,REALTOR ®
  2. Tropic Shores Realty
  3. Unlock Your Dreams
  4. Mobile: 813.965.2879
  5. Mobile: 727.514.7970
  6. unlockyourdreams@jarrodcruz.com