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Apartment Building with Seven Units
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5025 28th Avenue South, Gulfport, FL 33707

Three contiguous lots totaling seven rental units, combining furnished vacation rentals and long-term tenants.

Property SizeContact for details
Days on Market121

Property Features for 5025 28th Avenue South

General Information

Standard status Active
Property subtype Multifamily
Zoning Multi-Family <10 Units
Occupancy 100%
Investment Type Stabilized
Net Operating Income $132,000

Additional Details

Furnished Yes
Multifamily Units 7

Building Details

Year Built 1949
Buildings 4
Units 10
Tenancy Multi
Listing Agency: AIRE BROKERS LLC
Listed By: Steven Taylor · License #BK3572613
Source: Crexi
Added: Apr 15 Changed: Aug 8 Last Checked: Aug 12 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AIRE BROKERS LLC

Investment Insights

Based on property information with market context.

This property offers three contiguous lots with a total of seven income-producing rental units. The rental mix includes furnished vacation rentals alongside long-term tenants, providing an existing operational framework for the units.

The property is located at 5025 28th Avenue South in Gulfport, Florida, just blocks from the Beach Boulevard arts district.

If you’re looking for a small multifamily/income portfolio with an in-place blend of furnished short-term rentals and long-term tenancy, this seven-unit setup on contiguous lots is designed for straightforward ownership and continued leasing.

Key Highlights

  • Three contiguous lots totaling seven income‑producing rental units
  • Mix of furnished vacation rentals and long‑term tenants
  • Property built in 1949

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 33707, FL

24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three contiguous lots totaling seven rental units, combining furnished vacation rentals and long-term tenants.
Where is this short term rental property located?
The property is located at 5025 28th Avenue South Gulfport, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three contiguous lots totaling seven income‑producing rental units; Mix of furnished vacation rentals and long‑term tenants; Property built in 1949
More about this property
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