Residential Income for Sale: 5407 29TH AVENUE, GULFPORT, FL 33707

$1,200,000
$1,200,000
5407 29TH AVENUE, GULFPORT, FL 33707
$1,200,000
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Price:
$1,200,000

Type Residential Income
Total Living Area 3,207 sqft
Lot Size 0.22 acres
Year Built 1940
Taxes Paid $9,515

City GULFPORT
Area 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
County Pinellas
Subdivision VETERAN CITY

MLS TB8323293
Status Active
DOM 49 days
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.

Virtual Tours for 5407 29TH AVENUE GULFPORT, FL

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer, Disposal
Construction Wood Frame
Cooling Central Air
Heating Central, Electric
Interior Decor Ceiling Fans(s), Living Room/Dining Room Combo
Parking Description Guest, Open, Off Street
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,515
Water Public
Windows And Doors Blinds
Lot Dimensions 60x161 ft

Community and Schools

Junior High School Azalea Middle-PN

Price History of 5407 29TH AVENUE, GULFPORT, FL

Date Name Price Difference
12/31/1969 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5407 29TH AVENUE, GULFPORT, FL

Location Map Street View
Photo of Megan Kesky
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by ENGEL & VOLKERS ST. PETE, Leisa Mohler-Erickson & Georgia Ambler
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0.79291666666667%
6.75%
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5407 29TH AVENUE (MLS #TB8323293) is a residential income listing located in GULFPORT, FL. This is a residential income listing with a lot of 9,583 sqft (or 0.22 acres). This property was listed on 11/20/2024 and has been priced for sale at $1,200,000.

Nearby zip codes are 33703, 33706, 33711, 33712 and 33715. This property neighbors other cities such as Saint Petersburg, South Pasadena, St Pete Beach and St Petersburg.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: ENGEL & VOLKERS ST. PETE