Residential Property - Single Family Residence in Gulfport
Listing Price: $1,200,000 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 6
Bathrooms: 4
Sq. Ft. Gross: 3,207
Garage: No
Carport: No
Parking Features:
- Guest
- Off Street
- Open
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Gulfport
County: Pinellas
Subdivision: Veteran City
Bedrooms: 6
Bathrooms: 4
Sq. Ft. Gross: 3,207
Sq. Ft. Living Area: 3,207
Cost per (heated) sqare foot: $374
Year built: 1940
Annual Tax: $9,515
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances:
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Window Features: Blinds
Additional Rooms: Inside Utility
Ceiling Type:
Flooring: Ceramic Tile, Hardwood
Schools
Elementary School: Gulfport Elementary-PN
Middle/Junior High School: Azalea Middle-PN
High School: Boca Ciega High-PN
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style: Bungalow
Construction: Wood Frame
Foundation: Crawlspace, Pillar/Post/Pier
Roof: Shingle
Exterior Features: Outdoor Grill, Sidewalk
- Guest
- Off Street
- Open
Floors Total:
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
- Covered
- Deck
- Patio
- Porch
Security Features: Smoke Detector(s)
Other Structures: Shed(s)
View:
Fencing: Fenced, Wood
Utilities:
- Cable Connected
- Public
- Street Lights
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks
Association Amenities:
Lot Information
Lot Features:
- Corner Lot
- City Lot
- Landscaped
- Near Public Transit
Lot Size (acres): 0.22
Lot Size (sq. ft.): 9,675 square feet
Lot Dimensions: 60 x 161
Road Frontage: Street Brick
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA, VA Loan
Parcel Number: 333116939420000250
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: VETERAN CITY LOT 25
Section: 33
Range: 16
Listing courtesy of ENGEL & VOLKERS ST. PETE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.