MLS #TB8512836

5407 29th Avenue S

Gulfport, Florida, 33707

Price$1,100,000
Sq Ft3,207
Bath4
Bed6

Property Description

Rare Gulfport Investment Opportunity | Flood Zone X | Three Licensed Short-Term Rental HomesRare opportunity to own three stand-alone single-family homes in Gulfport’s Waterfront Redevelopment District, all legally zoned and fully licensed for nightly rentals.Situated in desirable Flood Zone X, the property remained high and dry during the 2024 storms.Located just steps from Gulfport’s restaurants, shops, beach, marina, and entertainment, this turnkey property is ideally positioned to benefit from the area’s thriving vacation rental market.The property includes three units: one 3-bedroom, 2-bath Sears house, one 2-bedroom, 1-bath bungalow, and one 1-bedroom, 1-bath cottage, offering a total of 6 bedrooms and 4 bathrooms. All three homes are being sold fully furnished, including indoor and outdoor furnishings.The property features in-unit laundry in two units, off-street parking, private driveway, a shared courtyard, and lush landscaping.With immediate income potential and value-add opportunities through future updates, this is a rare chance to own a turnkey short-term rental portfolio in one of Gulfport’s most desirable locations.

Primary Features

County
Pinellas
Property Type
Single Family Residence
Property Status
Active
Year Built
1940
Bedrooms
6
Total Baths
4
Full Baths
4
Partial Baths
No
Square Feet
3,207
Acres
0.22
Subdivision
Veteran City
MLS Area
33707 - St Pete/South Pasadena/Gulfport/St Pete Bch

Interior

Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Thermostat
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Flooring
Ceramic Tile, Wood
Laundry Features
Inside, Laundry Room
Cooling
Central Air
Heating
Central, Electric
Fireplace
no
Furnished
Negotiable
Living Area Source
Owner

Exterior

Architectural Style
Bungalow
Construction Materials
Frame
Exterior Features
Hurricane Shutters, Outdoor Grill, Sidewalk
Patio And Porch
Covered, Front Porch, Patio
Private Pool
no
Roof
Shingle
Foundation
Concrete Perimeter, Pillar/Post/Pier
Garage
no
Carport
no
Lot Features
Corner Lot, Historic District, Near Marina, Near Public Transit, Street Brick
Lot Size Dimensions
60x161
Road Surface
Brick
Direction Faces
East

Waterfront And Utilities

Waterfront
no
Waterfront Feet
No
Water View
no
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Community And Association

Community Features
Street Lights
Association
no
Pets Allowed
Cats OK, Dogs OK, Yes
Pet Restrictions
Only restrictions are any by the local municipality.
Minimum Lease
1-7 Days
Lease Restrictions
No

Location

City
Gulfport
State
Florida
Postal Code
33707
County
Pinellas
Township
31
Latitude
27.741204
Longitude
-82.706869

Financial

Current Price
1100000.00
Listing Price
$1,100,000
Tax Annual Amount
10495.8
Tax Year
2025
Tax Lot
25
Tax Block
000
Ownership
Fee Simple
Listing Terms
Cash, Conventional, FHA, VA Loan
Total Annual Fees
0.00
Total Monthly Fees
0.00
Special Listing Conditions
None
CDD
no

Listing information is provided through IDX Broker and Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified through personal inspection, appropriate professionals, association documents, inspections, and public records.

Courtesy of Corcoran Dwellings.