Under contract-accepting backup offers. This 50x132 Gulfport lot is a solid option for anyone looking to build in a walkable, well-established neighborhood with flexible zoning. Designated R-3 (multi-family residential) and located in Flood Zone X, it offers options for single-family, duplex, or small multi-family development—with no flood insurance typically required and no history of storm damage to the existing structure on site. The property is just blocks from downtown Gulfport’s waterfront district, with restaurants, art galleries, coffee shops, and weekly markets all within walking distance. You're also just 10 minutes to St. Pete Beach, 25 minutes to Tampa International Airport, 30 to Clearwater Airport, and close to everything in downtown St. Pete and South Pasadena. Whether you’re looking to build now or hold for future investment, this location offers long-term value in a community that continues to grow.