Unique Flex Property on Pinellas Trail

701 49TH STREET S, Gulfport, FL 33707

View on Map

For Sale

$895,000

Retail - GULFPORT, FL

Type:Retail

Property size:

3,516 SF

Lot size:

0.32 Acres

Price / SF:

$254/SF

HighLights

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.
Zoned Commercial General, allowing for a wide range of uses.
Suitable for creative users, multi‑tenant concepts, or owner‑operators seeking multiple income streams.
Functional outdoor space ideal for pop‑up markets, events, or customer gathering.

We can help!

Listing Contact

Kris Dumke

For Sale

$895,000

Retail - GULFPORT, FL

Type:Retail

Property size:

3,516 SF

Lot size:

0.32 Acres

Price / SF:

$254/SF

Added:: Jan 28, 2026
Days on Market:: 143
Last Refresh:: Jun 20 at 2:06 am

Property Features for 701 49TH STREET S

General Information

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

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 5839.36

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

Listing agent Kris Dumke License #3319333

Listing office BRIDGEWATER COMMERCIAL RE 447 3rd Avenue North #403, St. Petersburg, FL

Listing date Jan 28, 2026

MLS# TB8470290 Listing URL

HighLights

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.
Zoned Commercial General, allowing for a wide range of uses.
Suitable for creative users, multi‑tenant concepts, or owner‑operators seeking multiple income streams.
Functional outdoor space ideal for pop‑up markets, events, or customer gathering.

Overview

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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$91.6k	$26.04
− Vacancy	−$18.8k	−$5.34
EGI	$72.8k	$20.70
− OpEx	−$18.2k	−$5.18
NOI	$54.6k	$15.53

3,516 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$779.9K

$682.4K – $909.9K (±1% cap)

NOI $54,591 @ 7.0% cap · market cap 6.10%

Second Best

Mixed Use

$623.8K

$545.9K – $727.8K (±1% cap)

NOI $43,669 @ 7.0% cap · market cap 4.88%

Theoretical Best

Office A

$914.5K

$800.2K – $1.07M (±1% cap)

NOI $64,018 @ 7.0% cap · market cap 7.15%

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

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Gulfport
County: Pinellas
State: Florida
Longitude: -82.700154
Latitude: 27.762587

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For sale
Mixed-use properties
FL
Gulfport
33707
701 49TH STREET S

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 STREET 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.

701 49TH STREET S, Gulfport, FL 33707

Retail - GULFPORT, FL

Property Features for 701 49TH STREET S

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Building in Gulfport Arts District

Renovated Duplex in Gulfport's Heart

Two-Building Flex Property on Pinellas Trail

Modular Residential Income Property

Gulfport Mixed-Use Property For Sale

Corner Restaurant Building

Gulfport Mixed-Use Opportunity

Boutique Marina Asset in Gulfport

Waterfront Condo in Kipps Colony

Gulfport Mixed-Use Investment Opportunity

Boutique Marina Asset in Gulfport

Unique Multi-Level Home Near Bay

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