5620 29th Avenue S, Gulfport, FL 33707

Description

Location, Location, Location! Spanish Style, Multi-family Investment Property located 2/10’s of a mile from the beach on a brick lined street in the waterfront community of Famous Gulfport, Florida. Sitting just off the beaten path and only a few short blocks to Beach Boulevard, Gulfport is known for its vibrant night life, adorable shops, local Art and fabulous restaurants. Currently marketed at only $331 per square foot, you’ll know you’ve made a great financial decision with this investment added to your portfolio when you see the multiple possibilities this property has to offer. Live on-site in the owner’s suite complete with tropical views of the pool from every room, washer dryer hookup and tons of living space or keep the property fully rented to maximize income. Currently, most units have annual tenants with leases expiring June through September and while zoned 30-day minimum rental time frame, you’ll soon have the opportunity of creating seasonal or annual rentals, it’s your choice! Some features include separate electric meters (2017), new roof on original building (2017), Owner suite roof resealed (2022), private, bird-caged swimming pool and spa ready to cool you off on the upcoming summer days. Convenience abounds with ample on-site parking, storage and income producing laundry. Gulfport is host to many events throughout the year with a full schedule of festivals, art shows, morning markets, beach yoga and so much more. Family, friends and tenants will enjoy soaking up the sun at their private pool, at the beach, paddle-boarding, kayaking or just reading a good book under a palm tree. Visit the famous Williams Fishing Pier, the Historic Coliseum, the Catherine A. Hickman Theater or one of many parks along Boca Ciega Bay. With all of these great features, the sellers are only entertaining offers at or above asking price with preference given to cash with agreeable terms to close quickly.