GULFPORT, FL 33707 5407 29TH AVENUE S
$1,200,000



61 more






























































Presented By: ENGEL & VOLKERS ST. PETE with 727-295-0000. - 727-295-0000
Home Details
RARE GULFPORT INCOME-PRODUCING SINGLE FAMILY HOMES x (3) ZONED FOR LEGAL NIGHTLY RENTALS IN THE GULFPORT WATERFRONT REDEVELOPMENT DISTRICT (FLOOD ZONE X)| 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.
Presented By: ENGEL & VOLKERS ST. PETE with 727-295-0000. - 727-295-0000
Interior Features for 5407 29TH AVENUE S
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, hardwood
Furnished Y/Nfurnished
Heating Y/NYes
Interior Amenitiesceiling fan(s), living room/dining room combo
Laundry Featuresinside
Window Featuresblinds
General for 5407 29TH AVENUE S
Additional Parcels Y/NNo
Additional Roomsinside utility
Appliancesdishwasher, disposal, dryer, microwave, range, refrigerator, washer
Architectural Stylebungalow
Building Area Unitssquare feet
Carport Y/NNo
Citygulfport
Community Featuressidewalks
Construction Materialswood frame
Coolingcentral air
Countypinellas
Directionshead 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 Schoolgulfport elementary-pn
Facing Directionsouth
Flood Zone Codex500
Flood Zone Code X500Y
Full Baths4
Garage Y/NNo
HOANo
Heatingcentral, electric
High Schoolboca ciega high-pn
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionveteran city lot 25
Levelstwo
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet9675
Lot Size Unitssquare feet
MLS Area33707 - st pete/south pasadena/gulfport/st pete bch
Middle/Junior High Schoolazalea middle-pn
Minimum Lease1-7 days
ModificationTimestamp2025-05-09t15:21:27.763z
New ConstructionNo
Occupancy Typetenant
Other Structuresshed(s)
Ownershipfee simple
Patio/Porch Featurescovered, deck, patio, porch
Pets Allowedyes
Possessionclose of escrow
Property Conditioncompleted
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameveteran city
Tax Annual Amount9515
Tax Lot25
Tax Year2024
Total Rooms3
Utilitiescable connected, public, street lights
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1940
Exterior for 5407 29TH AVENUE S
Building Area Total3207
Exterior Amenitiesoutdoor grill, sidewalk
Fencingfenced, wood
Foundation Detailscrawlspace, pillar/post/pier
Lot Dimensions60 x 161
Lot Featurescorner lot, city lot, landscaped, near public transit
Lot Size Acres0.22
Lot Size Area9675
Open Parking Y/NYes
Parking Featuresguest, off street, open
Private PoolNo
Road Frontage Typestreet brick
Road Surface Typebrick
Vegetationmature landscaping, trees/landscaped
Water Sourcepublic
Additional Details
Price History
Schools
Middle School
Azalea Middle-PN
Elementary School
Gulfport Elementary-PN
High School
Boca Ciega High-PN

Natalia Mejia
Realtor