5437 29Th Ave Gulfport, FL 33707
- Investment properties
- 1,670 SF
- 0.23 lot acres
Current Use by Public Records
- Investment properties
Property Details for 5437 29Th Ave
- Year built
- 1940
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.23 lot acres
- Property size
- 1,670 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 33-31-16-68904-000-0050
- APU
- 333116689040000050
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7073
- Latitude
- 27.7413
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
