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    5437 29Th Ave S Gulfport, FL 33707

    1,670 SF 0.23 ac lot Built 1940
    Individually Owned 29-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3136805
    5437 29Th Ave S, Gulfport, FL 33707 For Sale 1 / 60
    $1,800,000 1,670 SF
    5437 29Th Ave S, Gulfport, FL 33707
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    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1940
    Construction CONCRETE BLOCKS
    Total area 1,670 SF
    Lot 0.23 ac (9,805 SF)
    APN 33-31-16-68904-000-0050
    UPID US18-3136805
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.33M
    Blend (final) Blend
    $1.34M
    Owner & transaction history
    OSCAR SIUDA
    OSCAR SIUDA
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    5437 29Th Ave S, Gulfport, FL, 33707
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