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5407 29th Avenue S Gulfport, FL 33707

6 Beds
4 Baths
3,207 Sqft
9,675 Sqft lot
0.22 Acre lot
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$1,200,000 Est. $4,419 / mo.*
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Status: Active
Property Type: Single Family Residence
Year Built: 1940
Neighborhood: Veteran City
Days on Website: 200

Courtesy of ENGEL & VOLKERS ST. PETE

Description

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.

Open House

Property Details and Features

  • Living Area Meters: 297.94
  • Room Count: 3
  • Architectural Style: "Bungalow"
  • Building Area Total: 3207
  • Building Area Units: Square Feet
  • Construction Materials: "Frame"
  • Direction Faces: South
  • Levels: "Two"
  • Living Area: 3207
  • Year Built: 1940
  • Association Fee Requirement: None
  • Available For Lease
  • Existing Lease Tenant
  • Minimum Lease: 1-7 Days
  • Calculated List Price By Calculated Sq Ft: $374
  • Lot Size Square Meters: 899
  • Total Acreage: 0 to less than 1/4
  • Features: "Corner Lot", "City Limits", "Landscaped", "Near Public Transit", "Street Brick"
  • 0.22 acres
  • 9675 square feet
  • Dimensions: 60x161
  • Additional Rooms: Inside Utility
  • Road Surface: "Brick"
  • Appliances: "Dishwasher", "Disposal", "Dryer", "Microwave", "Range", "Refrigerator", "Washer"
  • 4 full bathrooms
  • Bedrooms Total: 6
  • Community Features: "Sidewalks", "Street Lights"
  • Cooling: "Central Air"
  • Exterior Features: "Outdoor Grill", "Sidewalk"
  • Fencing: "Fenced", "Wood"
  • Flooring: "Ceramic Tile", "Wood"
  • Foundation Details: "Crawlspace", "Pillar/Post/Pier"
  • Heating: "Central", "Electric"
  • Furnished: Furnished
  • Interior Features: "Ceiling Fans(s)", "Living Room/Dining Room Combo"
  • Laundry Features: "Inside"
  • County or Parish: Pinellas
  • Subdivision: VETERAN CITY
  • Township: 31
  • Parking Features: "Guest", "Off Street", "Open"
  • Pets Allowed: "Yes"
  • Possession: "Close Of Escrow"
  • Other Structures: "Shed(s)"
  • Patio and Porch Features: "Covered", "Deck", "Patio", "Porch"
  • Property Condition: "Completed"
  • Vegetation: "Mature Landscaping", "Trees/Landscaped"
  • Roof: "Shingle"
  • Elementary School: Gulfport Elementary-PN
  • Middle Or Junior School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Sewer: "Public Sewer"
  • Utilities: "Cable Connected", "Public"
  • Water Source: "Public"
  • Window Features: "Blinds"
$1,200,000 - 6Br/4Ba - for Sale in Veteran City, Gulfport
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Location

$1,200,000 - 5407 29th Avenue S, Gulfport, FL 33707
5407 29th Avenue S Gulfport, FL 33707
County or Parish: Pinellas

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This content last updated on June 2, 2025 4:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.