5407 29TH AVENUE S, GULFPORT, FL 33707

bedrooms 6
bathrooms 4
|House
INR ₹101,330,294
USD $1,200,000
Published on: 15 Nov 2024
Last updated on: 22 Nov 2024
5407 29TH AVENUE S, GULFPORT, FL 33707
5407 29TH AVENUE S, GULFPORT, FL 33707
5407 29TH AVENUE S, GULFPORT, FL 33707
+66
5407 29TH AVENUE S, GULFPORT, FL 33707
  • 66
Property ID: 110095754237
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Single Family Residence, Bungalow - GULFPORT, FL

5407 29TH AVENUE S, GULFPORT, FL 33707
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.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Land Size
9,583.21 sq ft
Building Size
3,207.00 sq ft
Year Built
1940
Rooms
6 bedroom(s), 4 bathroom(s), 1 livingroom(s)
Architecture Style
Bungalow
County
Pinellas
Parcel ID
33-31-16-93942-000-0250
Provider
ENGEL & VOELKERS ST. PETE
Subdivision
VETERAN CITY
Brokerage Office Name
ENGEL & VOELKERS ST. PETE
Brokerage Office Phone
727-295-0000
Address
5407 29TH AVENUE S, GULFPORT, FL 33707

Floorplans and tours

3D Tour

Nearby Schools

TypeSchool nameDistrict name
ElementaryGulfport Elementary-PNNot available
HighBoca Ciega High-PNNot available
JuniorhighAzalea Middle-PNNot available
MiddleAzalea Middle-PNNot available

Tax History

YearTax amount
2024USD $9515INR ₹803,465*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither makaan.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. makaan.com recommends that you independently verify any information before relying on it.

Contact Agent
Leisa Mohler-Erickson
ENGEL & VOLKERS ST. PETE
102 2nd Ave NE, #101B, St. Petersburg, FL 33701
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Leisa Mohler-Erickson
102 2nd Ave NE, #101B, St. Petersburg, FL 33701
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      Property ID: 110095754237

      Data provided by ENGEL & VOELKERS ST. PETE, MLS #: TB8320872
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