Property 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.

Features
: Central, Electric
: Wood, Fenced
: Yes
: Covered, Deck, Patio, Porch
: Shingle
: Furnished
: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Disposal
: Sidewalks
: Outdoor grill, Sidewalk
Pillar/Post/Pier
: Ceiling fans(s), Living room/dining room combo
: Street lights, Cable connected, Public
Address Map
29TH
5407
AVENUE
0
W83° 17' 35.3''
N27° 44' 28.3''
MLS Information
ENGEL & VOLKERS ST. PETE
: Bungalow
Gulfport Elementary-PN
Boca Ciega High-PN
0
Azalea Middle-PN
: None
S
$9,515
2024
14/11/2024 22:20:07

Residential

5407 29TH AVENUE, GULFPORT, Florida 33707

6 Bedrooms
4 Baths Full
3,207 Sqft
$1,200,000
Listing ID #MFRTB8320872
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : MFRTB8320872
Price : $1,200,000
Bedrooms : 6
Rooms : 0
Baths Full : 4
Square Footage : 3,207 Sqft
Year Built : 1940
Lot Area : 0.22 Sqft
Country : US
State : Florida
City : GULFPORT
Zipcode : 33707
Lot Size Sq Ft : 0 Sqft
Status : Active
Subdivision : VETERAN CITY
Active : Yes
Agent Info
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