Rare Gulfport Investment Opportunity | Flood Zone X | Three Licensed Short-Term Rental Homes Rare opportunity to own three stand-alone single-family homes in Gulfport’s Waterfront Redevelopment District, all legally zoned and fully licensed for nightly rentals. Situated in desirable Flood Zone X, the property remained high and dry during the 2024 storms. Located just steps from Gulfport’s restaurants, shops, beach, marina, and entertainment, this turnkey property is ideally positioned to benefit from the area’s thriving vacation rental market. The property includes three units: one 3-bedroom, 2-bath Sears house, one 2-bedroom, 1-bath bungalow, and one 1-bedroom, 1-bath cottage, offering a total of 6 bedrooms and 4 bathrooms. All three homes are being sold fully furnished, including indoor and outdoor furnishings. The property features in-unit laundry in two units, off-street parking, private driveway, a shared courtyard, and lush landscaping. With immediate income potential and value-add opportunities through future updates, this is a rare chance to own a turnkey short-term rental portfolio in one of Gulfport’s most desirable locations.
For sale
$1,100,000
5407 29th Ave S, Gulfport, FL 33707
6beds
3,207sqft
Single Family Residence
Built in 1940
9,675 Square Feet Lot
$686,600 Zestimate®
$343/sqft
$-- HOA
What's special
Shared courtyardOff-street parkingPrivate drivewayLush landscaping
- 3 days |
- 182 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Georgia Ambler 727-291-2655,
CORCORAN DWELLINGS 727-888-4663
Source: Stellar MLS,MLS#: TB8512836
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: First
- Area: 80 Square Feet
- Dimensions: 8x10
Living room
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat
- Flooring: Ceramic Tile, Hardwood
- Doors: Outdoor Grill
- Windows: Blinds, Hurricane Shutters
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 3,207
- Total interior livable area: 3,207 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Guest, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Outdoor Grill, Sidewalk
- Fencing: Wood
Lot
- Size: 9,675 Square Feet
- Dimensions: 60 x 161
- Features: Corner Lot, Historic District, Near Marina, Near Public Transit
Details
- Additional structures: Shed(s)
- Parcel number: 333116939420000250
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: VETERAN CITY
HOA
- Has HOA: No
Location
- Region: Gulfport
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $580,000
- Annual tax amount: $10,495
- Date on market: 7/1/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
Estimated market value
$686,600
$577,000 - $810,000
$2,995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $1,100,000-8.3%$343/sqft |
Source:  Stellar MLS #TB8512836 Report a problem | ||
| 6/27/2025 | Listing removed | $1,200,000$374/sqft |
Source:  Engel & Volkers #TB8323293 Report a problem | ||
| 5/9/2025 | Listed for sale | $1,200,000$374/sqft |
Source: Stellar MLS #TB8320872 Report a problem | ||
| 4/23/2025 | Listing removed | $1,200,000$374/sqft |
Source: Engel & Volkers #TB8323293 Report a problem | ||
| 11/14/2024 | Listed for sale | $1,200,000+92%$374/sqft |
Source: Stellar MLS #TB8320872 Report a problem | ||
| 5/3/2018 | Sold | $625,000+140.4%$195/sqft |
Source: Public Record Report a problem | ||
| 8/27/2004 | Sold | $260,000+153.8%$81/sqft |
Source: Public Record Report a problem | ||
| 6/7/1996 | Sold | $102,428$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,912 +3.5% | $580,000 +5.5% |
| 2023 | $9,579 +6.5% | $550,000 +7.3% |
| 2022 | $8,992 +0.7% | $512,500 +5.7% |
| 2021 | $8,927 +4.5% | $485,000 +6% |
| 2020 | $8,542 +3% | $457,500 +4% |
| 2019 | $8,290 | $440,000 +94.1% |
| 2018 | $8,290 +111% | $226,676 +12.3% |
| 2017 | $3,929 +23.8% | $201,812 +24.7% |
| 2016 | $3,174 +3.1% | $161,890 +5.4% |
| 2015 | $3,079 -0.8% | $153,534 -0.3% |
| 2014 | $3,104 | $154,066 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33707
Nearby schools
GreatSchools rating
- 4/10Gulfport Montessori Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Azalea Middle SchoolGrades: 6-8Distance: 4.4 mi
- 4/10Boca Ciega High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Pinellas County
- Gulfport
- 33707
- 5407 29th Ave S
Nearby cities
Nearby zip codes
Other Gulfport Topics
