5407 29th Ave S, Gulfport, Florida 33707

  • $1,200,000

Overview

Property ID: HZTB8323293
  • Triplex, Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 3207 Sqft
  • Area Size

Description

RARE GULFPORT FLOOD ZONE X INCOME-PRODUCING SINGLE FAMILY HOMES (3) ZONED FOR LEGAL NIGHTLY RENTALS IN THE GULFPORT WATERFRONT REDEVELOPMENT DISTRICT | 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.

  • Address: 5407 29TH S AVENUE
  • City: Gulfport
  • State/county: FL
  • Zip/Postal Code: 33707
  • Country: US

Details

Updated on June 26, 2025 at 9:04 pm
  • Property ID HZTB8323293
  • Price $1,200,000
  • Property Size 3207 Sqft
  • Land Area 0.22 Acres
  • Bedrooms 6
  • Bathrooms 4
  • Year Built 1940
  • Property Type Triplex, Residential Income
  • Property Status Withdrawn

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Roof Shingle
  • Utilities Cable Connected, Public
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central, Electric
  • Flooring Ceramic Tile, Wood
  • County Pinellas
  • Property Type Residential Income
  • Parking Assigned, Driveway, Guest, Off Street, Open
  • Elementary School Gulfport Elementary-PN
  • Middle School Azalea Middle-PN
  • High School Boca Ciega High-PN
  • Community Features Sidewalks, Street Lights

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Jamie Stevens

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