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5407 29TH AVENUE S
GULFPORT FL 33707 US

$1,200,000

Active Listing ID TB8323293
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Lot: 0.22 Acres
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Triplex

$1,200,000

Active Listing ID TB8323293
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5407 29TH AVENUE S 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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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Exterior Finish: Corner Lot, Outdoor Grill, Sidewalk
  • Floor Covering: Tile, Tile - Ceramic, Wood
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

School Information

  • School
  • Gulfport Elementary-PN(Elementary)
  • Azalea Middle-PN(MiddleSchool)
  • Boca Ciega High-PN(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1200000
  • unparsedaddress: 5407 29TH AVENUE S
  • postalcity: GULFPORT
  • stateorprovince: FL
  • country: US
  • postalcode: 33707
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.22
  • lotsizeunits: Acres
  • lotsizearea: 0.22
  • livingarea: 3207
  • livingareaunits: Square Feet
  • latitude: 27.741204
  • longitude: -82.706869
  • listagentfullname: Leisa Mohler-Erickson
  • listagentemail: leisa.erickson@evusa.com
  • listagentkey: 3yd-PINELLAS-260037548
  • listagentmlsid: 260037548
  • listagentpreferredphone: 7275804043
  • listagentofficephone: 7272950000
  • listofficekey: 3yd-PINELLAS-260032666
  • listagentstatelicense: 3468078
  • listofficemlsid: 260032666
  • disclaimer: Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PINELLAS
  • yearbuilt: 1940
  • listingcontractdate: 2024-11-13
  • countyorparish: Pinellas
  • parcelnumber: 33-31-16-93942-000-0250
  • elementaryschool: Gulfport Elementary-PN
  • highschool: Boca Ciega High-PN
  • appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • constructionmaterials: Frame
  • flooring: Tile, Tile - Ceramic, Wood
  • heating: Central Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Guest, Off Street, Open
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fans(s), Living Room/Dining Room Combo
  • exteriorfeatures: Corner Lot, Outdoor Grill, Sidewalk
  • architecturalstyle: Other
  • securityfeatures: Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -82.70687, 27.741203
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ENGEL & VOELKERS ST. PETE", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leisa.erickson@evusa.com", "ListBrokerageCity":"St. Petersburg", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"ENGEL & VOELKERS ST. PETE", "ListBrokeragePhone":"727-295-0000", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"102 2nd Ave NE, #101B", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"102 2nd Ave NE, #101B", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"St. Petersburg", "ListOfficeCountry":"US", "ListOfficeEmail":"leisa@eteamsp.com", "ListOfficePostalCode":"33701", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - GULFPORT, FL", "ListingURL":"https://listings.listhub.net/pages/PINELLAS/TB8323293/?channel=rexren", "MLSModificationTimestamp":"2024-11-21T01:02:19Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9515, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/25/2024 12:05:18 AM GMT
Source Updated Date: 11/27/2024 6:53:58 AM GMT

Courtesy of: Leisa Mohler-Erickson, ENGEL & VOLKERS ST. PETE, leisa.erickson@evusa.com

Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.