5407 29th Avenue South
Gulfport, FL 33707
$1,200,000
Price
—
Beds
3,207 Sq. Ft.
$374 / Sq. Ft.
3,207
Sq. Ft.
$374
per Sq. Ft.
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...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.
- Listed by Leisa Mohler-Erickson • ENGEL & VOLKERS ST. PETE
- Listed by Georgia Ambler • ENGEL & VOLKERS ST. PETE
Property Details for 5407 29th Avenue South
Subdivision Name
VETERAN CITY
Township31
WaterfrontNo
FurnishedFurnished
LISTING UPDATED: 11/21/2024 06:47 AM
Property Details for 5407 29th Avenue South
| Status | Active |
|---|---|
| MLS # | TB8323293 |
| Days on Market | 31 |
| Taxes | $9,515 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Triplex |
| Year Built | 1940 |
| Lot Size | 0.22 AC / 9,675 SF |
| County | Pinellas County |
Building Information for 5407 29th Avenue South
Stories-Residences3Year Built1940Building Size-Lot Size0.22 AC / 9,675 SF
Property Information for 5407 29th Avenue South
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 3207.0
- Building Area Units: Square Feet
- Community Features: Sidewalk
- Directions: Head southbound on I-275. Take exit 19 towards 22nd Ave S. Turn left onto 49th St S, Right on 28th Ave S, Next left on 54th St S then right onto 29th Ave S. Property is on your right hand side.
- Elementary School: Gulfport Elementary-PN
- Middle Or Junior School: Azalea Middle-PN
- High School: Boca Ciega High-PN
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 5407
- Street Name: 29TH
- Street Suffix: AVENUE
- Street Direction Suffix: S
- State: FL
- City: GULFPORT
Parking
- Available For Lease: Yes
- Carport: No
- Garage: No
- Parking Features: Guest, Off Street, Open
Taxes and HOA Information
- Association Fee Requirement: None
- Association: No
- CDD: No
- Tax Block: 0/0
- Tax Book Number: H4-17
- Tax Legal Description: VETERAN CITY LOT 25
- Tax Lot: 25
- Tax Year: 2024
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/TB8323293
Property
Lot Information
- Additional Parcels: No
- Lot Features: Corner Lot, In City Limits, Landscaped, Near Public Transit, Street Brick
- Lot Size Dimensions: 60x161
- Parcel Number: 33-31-16-93942-000-0250
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 3
- Water Access: No
- Water Extras: No
- Living Area: 3207
- Lot Dimensions: 60x161
Property and Assessments
- Year Built Numeric: 1940
- Flood Zone Code: X500
- Homestead: No
- New Construction: No
- Property Condition: Completed
- Public Survey Range: 16
- Public Survey Section: 33
Utilities
- Sewer: Public Sewer
- Utilities: Cable Connected, Public, Street Lights
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame
- Exterior Features: Outdoor Grill, Sidewalk
- Foundation Details: Crawlspace, Pillar/Post/Pier
- Levels: Two
- Other Structures: Shed(s)
- Patio And Porch Features: Covered, Deck, Patio, Porch
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Security Features: Smoke Detector(s)
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 0
- Additional Rooms: Inside Utility
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Cooling: Central Air
- Fireplace: No
- Flooring: Ceramic Tile, Wood
- Heating: Central, Electric
- Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo
- Laundry Features: Inside
- Living Area Source: Owner
- Living Area Units: Square Feet
- Water View: No
- Window Features: Blinds
Multi Family
Multi-Family Information
- Annual Net Income: $98,000.00
- Unit Count: 3
Unit 1
- Unit Type Baths Total 1: 2
- Unit Type Beds Total 1: 3
- Unit Type Type 1: 3 Bed/2 Bath
Unit 2
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 2
- Unit Type Type 2: 2 Bed/1 Bath
Unit 3
- Unit Type Baths Total 3: 1
- Unit Type Beds Total 3: 1
- Unit Type Type 3: 1 Bed/1 Bath
Rental
Rental Information
- Pets Allowed: Yes
Property History for 5407 29th Avenue South
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5407 29th Avenue South
Taxable ValueLand-Additions-Total-
Tax Record2023$9,579 ($798 / month)
Home Facts
Baths6Total Finished SqFt399 SqFtAbove Grade Finished SqFt399 SqFtStories1Lot Size9,675 SqFtStyleOffice BuildingYear Built1940Year Renovated1984CountyPINELLASAPN33-31-16-93942-000-0250
Schools near 5407 29th Avenue South
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 12 |
Rating | School | Distance |
|---|---|---|
Gulfport Montessori Elementary School PublicPK to 5 | ||
Azalea Middle School Public6 to 8 | ||
Boca Ciega High School Public9 to 12 | ||
Disston Academy Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of ENGEL & VOLKERS ST. PETE, Leisa Mohler-Erickson; ENGEL & VOLKERS ST. PETE, Georgia Ambler
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/21/2024 06:47 AM
