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Archived about 1 month ago

$774,000

4 bd 3 ba 1849 sqft

5617 GULFPORT BOULEVARD S, Gulfport, FL 33707

Residential SFR

Current Rent **

$9,000

Projected Rent **

$9,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Commerical property with tons of income potential

Discover a unique opportunity in Gulfport: this 4-bedroom property with an office and 3 bathrooms offers excellent road frontage and exposure. Zoned for commercial/residential use, this property presents various mixed-use options such as retail, salon, spa, office, medical office, tattoo parlor, restaurant, daycare, Airbnb, and more. The front of the property can be used for large single-family living or commercial purposes, featuring ample parking and high visibility. In the private back area, you’ll find two 1-bedroom, 1-bathroom Airbnb units with their own parking. The possibilities are endless: establish your business at the front and live comfortably in the back, or rent out the back units for additional income. Don’t miss out on this versatile and rare piece of Gulfport real estate!

Location:

5617 GULFPORT BOULEVARD S, Gulfport, FL 33707

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.