$1,200,000
  • 899 m² Plot surface

Description

RARE GULFPORT INCOME-PRODUCING SINGLE FAMILY HOMES (3) W/ LEGAL AIRBNB GRANDFATHER STATUS | Exceptional Income-Producing Opportunity in Gulfport's Thriving Downtown This rare triple-bungalow property in the heart of vibrant downtown Gulfport, Florida, represents an exceptional investment opportunity. Generating an impressive annual rental income, these three charming bungalows are poised to deliver strong cash flow and long-term appreciation.Each bungalow which is a stand-alone structure x 3 is fully licensed for nightly rentals, an invaluable asset in this vibrant vacation destination. The three bungalows include a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Ideally situated just steps from Gulfport's finest dining, shops, beach, marina, and entertainment, the property provides an unbeatable location for short-term guests seeking the authentic charm of this coastal town.With a combined total of six bedrooms and four bathrooms spread across the three units, the layout accommodates large groups and families comfortably. And with the properties being sold fully furnished, including all indoor and outdoor furnishings, this truly is a turnkey investment ready to generate income immediately. Also, for a value-add play, there is a wonderful opportunity to remodel and revamp the vibe to increase total rental income.Boasting classic bungalow architecture, in-unit laundry, and spacious outdoor amenities like a large courtyard, off-street parking, and lush landscaping, these meticulously maintained properties offer the historic character and modern conveniences that today's discerning travelers demand. Own knowing you have security in Flood Zone X which remained high and dry even during these last 2 storms of 2024. This investment is primed to capitalize on Gulfport's thriving vacation rental market. Don't miss this exceptional opportunity to own a highly profitable, low-maintenance portfolio of income-producing properties in one of Florida's most desirable coastal destinations.

engel & völkers shop image

Engel & Völkers

Your advisor: Leisa Mohler-Erickson

Property ID: AM-5059833

Property details

Property type

Apartment

Plot surface

899 m²

Contact the provider

Get more information about this property

Country

I agree with the processing of my data for the purpose of searching for properties and being contacted by Engel & Völkers St. Pete. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Engel & Völkers St. Pete stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

  • Madeira Beach, Florida, United States

    Enjoy Unobstructed Views of the Intracoastal Waterway

    $1,375,000

    • 3 Bedrooms3 Bathrooms780 m² Plot surface
  • Gulfport, Florida, United States

    $1,200,000

    • 6 Bedrooms4 Bathrooms899 m² Plot surface
  • Isle Of Capri, Treasure Island, Florida, United States

    $1,199,000

    • 3 Bedrooms2 Bathrooms780 m² Plot surface
  • Treasure Island, Florida, United States

    Treasure Island Home

    $979,900

    • 2 Bedrooms1 Bathroom529 m² Plot surface

Your shop

Engel & Völkers

engel & völkers shop image

Provider:

Engel & Völkers St. Pete

wavy pattern