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    5437 29Th Ave Gulfport, FL 33707

    For Sale
    $2,200,000

    Prime location, high foot traffic, income potential.

    Property size:
    5,156 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property, located at 5437 29th Avenue S in the vibrant Gulfport Arts District, presents a rare investment opportunity. Boasting 5,156 square feet on a 0.23-acre lot, this building offers a unique blend of commercial and residential spaces. The property includes two one-bedroom, one-bathroom apartments, providing immediate rental income potential. In addition, four individual workshop/studios are available, ideal for artists, artisans, or small businesses. The strategic location near the bustling waterfront, with its numerous bars, restaurants, shops, and boutiques, ensures high visibility and significant foot traffic throughout the year. Its close proximity to the beautiful Gulfport beach and pier further enhances its appeal. This property is zoned for both commercial and residential use, offering flexibility for a variety of investment strategies. The strong existing tenant base and the high demand in this sought-after area promise a consistent return on investment for years to come. This is a truly unique opportunity to acquire a well-established, income-generating property in a thriving Gulfport location. The asking price is $2,200,000.

    Property Features for 5437 29Th Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,156 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -82.70729
    Latitude
    27.74128

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high foot traffic, income potential.
    Where is this mixed-use property located?
    The property is located at 5437 29Th Ave Gulfport, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (727) 538-9200
    Request Owner's contact information
    5437 29Th Ave Gulfport, FL 33707
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    Gulfport, FL 33707
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    Realmo Value Estimation

    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.

    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.

    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
    5437 29Th Ave Gulfport, FL 33707
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