Active

$1,100,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 3207 sq ft
Overview
  • ID: MFRTB8512836
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 3207 sq ft
Property Details
Remarks
Rare Gulfport Investment Opportunity | Flood Zone X | Three Licensed Short-Term Rental Homes Rare opportunity to own three stand-alone single-family homes in Gulfport’s Waterfront Redevelopment District, all legally zoned and fully licensed for nightly rentals. Situated in desirable Flood Zone X, the property remained high and dry during the 2024 storms. Located just steps from Gulfport’s restaurants, shops, beach, marina, and entertainment, this turnkey property is ideally positioned to benefit from the area’s thriving vacation rental market. The property includes three units: one 3-bedroom, 2-bath Sears house, one 2-bedroom, 1-bath bungalow, and one 1-bedroom, 1-bath cottage, offering a total of 6 bedrooms and 4 bathrooms. All three homes are being sold fully furnished, including indoor and outdoor furnishings. The property features in-unit laundry in two units, off-street parking, private driveway, a shared courtyard, and lush landscaping. With immediate income potential and value-add opportunities through future updates, this is a rare chance to own a turnkey short-term rental portfolio in one of Gulfport’s most desirable locations.
Financial Considerations
Price:
$1,100,000
HOA Fee:
N/A
Tax Amount:
$10495.8
Price per SqFt:
$343
Tax Legal Description:
VETERAN CITY LOT 25
Exterior Features
Lot Size:
9675
Lot Features:
Corner Lot, Near Marina, Near Public Transit, Street Brick
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Guest, Off Street, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1940
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Hurricane Shutters, Outdoor Grill, Sidewalk
Additional Features 2:
Legal nightly rental on Airbnb
Map
  • Address
    5407 29TH AVE S
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