5437 29Th Ave S, Gulfport, FL 33707
For Sale
1 / 60
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
