$895,000

$276/sq ft

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Overview

Bedroom

2

Year Built

1973

Sqft

3239

Property Type

Multi Family

Property Description

Under contract-accepting backup offers. Brand new roof installed July 2025. Never flooded. Ideally situated in the heart of Gulfport’s Waterfront Redevelopment District, this prime income-producing 5-plex offers an exceptional downtown location just one block from Veteran’s Park, the fishing pier, and Gulfport’s popular dining scene. Residents enjoy an easy stroll to downtown Gulfport’s restaurants, boutique shops, sandy beach, historic Casino Ballroom, beach volleyball courts, weekly farmers market, and lively nightlife. This well-maintained masonry property features three spacious studio units, one 1-bedroom/1-bath unit, and one 1-bedroom/1.5-bath unit. All apartments have easy-care vinyl flooring, with two units enjoying partial water views. Tenants will appreciate the newly resurfaced on-site parking lot, providing convenient and reliable parking. Additional highlights include five separate electric meters, a single water meter, fresh exterior paint, and a newly landscaped courtyard that enhances curb appeal. Located in non-flood zone X, the property performed well during recent summer storm seasons with no flooding to the structure. A rare opportunity to own a downtown Gulfport income property near the waterfront—offering a highly desirable lifestyle for tenants and strong long-term investment potential. Don’t miss this exceptional opportunity.

Property Details

MLS#

TB8457430

Address

3025 54TH

City

GULFPORT

State/county

FL

Zip/Postal Code

33707

Area

Boca Ceiga Park

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,816

Maint Fee

$--

Tax Year

2024

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Boris Gelfand