5505 16th Avenue S, Gulfport, FL 33707

Gulfport
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5505 16th Avenue S,Gulfport, FL 33707
$550,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,816 sq. ft.
  • Multi-family
  • Active
Listed by: zach steinberger
Office: compass florida llc.
MLS#:TB8471888
Source:MFRMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$237.48

About this home

Located in one of Gulfport’s most desirable rental corridors, 5505 16th Ave S presents a rare opportunity to acquire a stabilized, cash-flowing triplex with diversified income streams and long-term upside. This well-maintained NON FLOOD ZONE property offers a total of three units with a strong mix of long-term and short-term rental income, making it ideal for investors seeking both stability and growth. Also, a great opportunity for those looking to HOUSE HACK and live in one unit and have the other two units cash flow make for free living! Unit 1 features a spacious 3-bedroom, 1-bath layout encompassing 1,086 square feet, currently leased as a long-term rental at $2,500 per month. Unit 2 is a 330-square-foot studio, also rented long-term at $1,500 per month, offering efficient living with strong tenant demand. Unit 3 is a 400-square-foot fully furnished studio operating as a short-term rental, generating $1,700 per month with an average nightly rate of $80 and approximately 75%...

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Home facts

  • Year built:1950
  • Listing ID #:TB8471888
  • Added:55 day(s) ago
  • Updated:March 30, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Living area:1,816 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central, Ductless, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:1,816 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Frame
  • Exterior Features:Lighting
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$237.48
  • Tax amount:$5,871 (2024)

Features and amenities

  • Amenities:Cable Connected, Ceiling Fans(s)
  • Pool features:Public Pool

Parking

  • Parking description:1 Car Carport
  • Carport spaces:1
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