$1,200,000
bedrooms
6
bathrooms
0
square feet
3,207
Acreage
0.22
Open Houses
-
year built
1940
Full Baths
0
Half Baths
0
RARE GULFPORT FLOOD ZONE X INCOME-PRODUCING SINGLE FAMILY HOMES (3) ZONED FOR LEGAL NIGHTLY RENTALS IN THE GULFPORT WATERFRONT REDEVELOPMENT DISTRICT | 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.
Location | |
Subdivision | VETERAN CITY |
County | Pinellas |
Elementary School | Gulfport Elementary-PN |
Middle School | Azalea Middle-PN |
High School | Boca Ciega High-PN |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: TB8323293
Listing agent:
Leisa Mohler-Erickson
#3468078
Listing broker:
Engel & Voelkers St. Pete
(727) 295-0000
Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, March 12 2025 at 10:28 p.m. EDT
Kotohomes National
Other listings you might be interested in
$1,100,000
6 Bed •
0 Bath •
2,964 ft²
3022 DARTMOUTH AVENUE N
ST PETERSBURG, FL 33713
$1,100,000
6 Bed •
0 Bath •
2,964 ft²
3022 DARTMOUTH AVENUE N
ST PETERSBURG, FL 33713
$1,099,900
5 Bed •
0 Bath •
2,700 ft²
5115 28TH AVENUE S
GULFPORT, FL 33707
$1,100,000
8 Bed •
0 Bath •
4,020 ft²
3150 PINELLAS POINT DRIVE S 1,2,3,4
ST PETERSBURG, FL 33712
$1,100,000
8 Bed •
0 Bath •
4,020 ft²
3150 PINELLAS POINT DRIVE S 1,2,3,4
ST PETERSBURG, FL 33712
$1,600,000
8 Bed •
0 Bath •
5,288 ft²
2402-2404 N HIGHLAND AVENUE
TAMPA, FL 33602
$2,950,000
7 Bed •
0 Bath •
3,396 ft²
628 N ORANGE AVENUE
SARASOTA, FL 34236
$4,250,000
6 Bed •
0 Bath •
3,100 ft²
1600 BEACH TRAIL
INDIAN ROCKS BEACH, FL 33785
$1,295,000
9 Bed •
0 Bath •
3,886 ft²
1478 ALTERNATE KEENE ROAD
LARGO, FL 33771
$3,200,000
8 Bed •
0 Bath •
4,312 ft²
125 110TH AVENUE
TREASURE ISLAND, FL 33706
$3,200,000
8 Bed •
0 Bath •
4,312 ft²
125 110TH AVENUE
TREASURE ISLAND, FL 33706
$1,299,000
10 Bed •
0 Bath •
4,848 ft²
1626 49TH STREET S
ST PETERSBURG, FL 33707