Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2938 Beach Blvd S Gulfport, FL 33707

    View on Map
    Sponsored
    For Sale
    $925,000

    Quadruplex - GULFPORT, FL

    Type:Quadruplex
    Property size:
    2,792 SF
    Lot size:
    0.13 Acres
    Days on Market:
    9
    Last Refresh:
    Mar 14 at 1:06 pm

    Property Features for 2938 Beach Blvd S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    33-31-16-09612-001-0070
    Interior features
    Ninguno
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    2,792 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    4
    Flooring type
    Wood
    Building materials
    Block, Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Kevin Gallagher
    Kevin Gallagher

    Coldwell Banker (813) 754-3586

    Listing agent Kevin Gallagher (727) 381-2345 License #511630

    Listing date Mar 5, 2026

    MLS# TB8459746 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Gulfport Quadruplex For Sale

    This multifamily property is a quadruplex located in Gulfport, Florida. The property has a total area of 2792 square feet and is situated on a 0.13-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Pinellas
    State
    Florida
    Longitude
    -82.707433
    Latitude
    27.740265

    Nearby Similar for Sale

    • $895,000
      3,516 SF

      Unique Flex Property on Pinellas Trail

      Two-building flex property with high traffic and trail frontage.
      701 49Th St S, Gulfport, FL 33707
      View Details
    • $550,000
      1,816 SF

      Gulfport Triplex with Income Potential

      Stabilized triplex in Gulfport with long and short-term rental income.
      5505 16Th Ave S, Gulfport, FL 33707
      View Details
    • $3,400,000
      2.05 Acres

      Boutique Marina Asset in Gulfport

      Marina with 20 boat slips and income potential.
      5814 Skimmer Point Blvd S, Gulfport, FL 33707
      View Details
    • New
      $599,000
      1,984 SF

      Gulfport Triplex Steps From Beach

      Triplex near the beach with redevelopment potential in Gulfport, FL.
      3113 57Th St S, Gulfport, FL 33707
      View Details
    • $695,000
      1,851 SF

      Gulfport Mixed-Use Opportunity

      Versatile property with commercial/residential zoning and income potential.
      5617 Gulfport Blvd S, Gulfport, FL 33707
      View Details
    • $2,999,800
      5,168 SF

      Gulfport Bay View Modular Home

      Unique modular home near Boca Ciega Bay with income potential.
      5659 Shore Blvd S, Gulfport, FL 33707
      View Details
    • $895,000
      3,516 SF

      Two-Building Flex Property on Trail

      Unique flex property with high traffic and trail frontage.
      701 49Th St S, Gulfport, FL 33707
      View Details
    • $699,000
      1,851 SF

      Gulfport Mixed-Use Property For Sale

      Versatile property with commercial/residential zoning and income potential.
      5617 Gulfport Blvd S, Gulfport, FL 33707
      View Details
    • $675,000

      Former Day Care Center Opportunity

      Former day care center suitable for redevelopment or educational institution.
      2624 54Th St S, Gulfport, FL 33707
      View Details
    • $695,000

      Versatile Gulfport Mixed-Use Property

      Commercial/residential property with income-generating Airbnb units in Gulfport, Florida.
      5617 Gulfport Blvd S, Gulfport, FL 33707
      View Details
    • $599,000

      Gulfport Triplex Investment Opportunity

      Triplex near Gulfport Beach with redevelopment potential.
      3113 57Th St S, Gulfport, FL 33707
      View Details
    • $3,400,000

      Boutique Marina Asset in Gulfport

      Marina with 20 boat slips and income potential.
      5814 Skimmer Point Blvd S, Gulfport, FL 33707
      View Details

    FAQs

    What type of property is this?
    Quadplex - Multifamily property in Gulfport, Florida, with 2792 square feet.
    Where is this quadplex located?
    The property is located at 2938 Beach Blvd S Gulfport, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Wood flooring throughout the property.; - Enjoy a private, fenced yard.; - Multiple cooling units including multi units and wall/window units.
    (727) 365-2221
    Request Owner's contact information
    2938 Beach Blvd S Gulfport, FL 33707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2938 Beach Blvd S
    Gulfport, FL 33707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2938 Beach Blvd S Gulfport, FL 33707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Gallagher
    Kevin Gallagher
    Real Estate License ID: 511630
    (727) 365-2221 (727) 381-2345
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!