Sign Up Successful!
You now have access to more from Realmo!
    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

    701 49Th St S Gulfport, FL 33707

    Sponsored
    For Sale
    $895,000

    Retail - GULFPORT, FL

    Type:Retail
    Property size:
    3,516 SF
    Lot size:
    0.32 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 30 at 4:06 am

    Property Features for 701 49Th St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Security Gate
    Zoning
    CG
    APN
    28-31-16-01458-001-0030
    Exterior features
    Corner Lot
    Fencing
    Gate
    Size
    3,516 SF
    Lot size
    0.32 Acres

    Utilities

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

    Building Details

    Year built
    1969
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Kris Dumke

    Bridgewater Commercial Real Estate (813) 541-4254

    Listing agent Kris Dumke (813) 541-4254 License #3319333

    Listing date Jan 29, 2026

    MLS# TB8470290 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

    Unique Flex Property on Pinellas Trail

    This unique two-building flex property is located directly on the Pinellas Trail, with frontage on 49th Street South, the main north-south corridor into Gulfport, experiencing approximately 22,000 vehicles per day. The property offers a rare opportunity to purchase a site with both high-traffic road frontage and direct access to the Pinellas Trail. The site consists of two concrete block buildings totaling 4,924 square feet gross, with individual building sizes of 3,460 square feet and 1,464 square feet, plus a bonus storage shed fronting the trail, situated on a 0.31-acre lot with more than 10 parking spaces. The interior configuration includes multiple small rooms and studios, making it well-suited for creative users, multi-tenant concepts, or owner-operators looking to generate multiple income streams. The property is zoned Commercial General (CG), allowing for a wide range of uses including retail, office, personal services, restaurant, warehouse, trade shops, automotive and marine-related uses, and fitness, along with many conditional uses. The outdoor areas provide functional space for pop-up markets, events, vendor stalls, or customer gathering, which pairs naturally with the heavy pedestrian and cyclist traffic along the Pinellas Trail. With an average of 160,000 trail users per month, this property functions as a true destination site, offering visibility not just to vehicles, but to a constant stream of cyclists, pedestrians, and local residents. The property is located in Gulfport, FL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Pinellas
    State
    Florida
    Longitude
    -82.700154
    Latitude
    27.762587

    Nearby Similar for Sale

    • $749,000
      Pending

      Gulfport Quadruplex Investment Opportunity

      Updated Gulfport quadruplex with strong cash flow potential.
      5508 11Th Ave S, Gulfport, FL 33707
      View Details
    • $3,248,000
      5,168 SF

      Unique Gulfport Property Near Boca Ciega

      Modular home with bay views, income potential, and multi-generational living.
      5659 Shore Blvd S, Gulfport, FL 33707
      View Details
    • $549,000
      1,893 SF

      Income-Producing Duplex Near Gulfport Attractions

      Income-producing duplex near dining, shopping, entertainment, parks, and waterfront.
      5437 Delette Ave S, Gulfport, FL 33707
      View Details
    • $925,000
      2,792 SF

      Gulfport Quadruplex Near Waterfront

      Four-unit income property in Gulfport's waterfront district, near amenities.
      2938 Beach Blvd 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
    • $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
    • Contact for pricing
      8,934 SF

      Renovated Mixed-Use Building Near Beach

      Spacious, renovated mixed-use building in Tampa Bay area.
      2832-2838 Beach Blvd S, Gulfport, FL 33707
      View Details
    • $439,000

      Gulfport Duplex with Income Potential

      Two-unit property in Gulfport, currently leased with income.
      5210 13Th Ave S, Gulfport, FL 33707
      View Details
    • $1,049,900

      Gulfport Commercial Property for Sale

      Commercial property available in Gulfport, Florida.
      5115 28Th Ave S, Gulfport, FL 33707
      View Details
    • $785,000

      Gulfport Commercial Property for Sale

      Commercial property available in Gulfport, Florida.
      5713 23Rd Ave S, Gulfport, FL 33707
      View Details
    • $549,900

      Gulfport Specialty Property For Sale

      Specialty property available in Gulfport, Florida.
      5501 18Th Ave S, Gulfport, FL 33707
      View Details
    • $675,000

      Gulfport Specialty Property For Sale

      Specialty property available in Gulfport, Florida.
      2624 54Th St S, Gulfport, FL 33707
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-building flex property with high traffic and trail frontage.
    Where is this mixed-use property located?
    The property is located at 701 49Th St S Gulfport, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Direct frontage on the Pinellas Trail with high pedestrian and cyclist traffic (160,000 users per month).; - High-traffic location on 49th Street South with approximately 22,000 vehicles per day.; - Two-building flex property totaling 4,924 SF on a 0.31-acre lot with 10+ parking spaces.
    (813) 541-4254
    Request Owner's contact information
    701 49Th St 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.
    701 49Th St 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
    701 49Th St 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
    Kris Dumke
    Real Estate License ID: 3319333
    (813) 541-4254
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.