Listed by AIRE BROKERS LLC
$1,600,000
Beachside Gulfport Multi-Family Portfolio
Details
Property Type Multifamily
Units 10
Cap Rate 8.30%
NOI $132,000
Occupancy 100%
Tenancy Multi
Year Built 1949
Buildings 4
Acreage 0.590
Zoning Multi-Family <10 Units
Parking Spaces spaces
Investment Type Stabilized
Multifamily | 8.30% CAP | 10 Units
Marketing description
Rare opportunity to acquire three contiguous lots with seven income-producing rental units in the heart of sunny, beachside Gulfport, Florida. Located just blocks from the vibrant Beach Boulevard arts district, this turnkey investment property generates strong cash flow through a proven mix of furnished vacation rentals and long-term tenants.
Investment highlights
- Proven Income Stream — $175K+ gross annual income with documented 2025 actuals
- Turnkey Operation — All units furnished and actively generating income; ready for new owner
- FEMA Flood Zone X — Minimal flood hazard; no flood damage from recent hurricanes
- Assemblage Value — Three contiguous lots (~0.59 acres) offer development optionality
- Prime Location — Blocks from Beach Blvd in Tampa Bay's most walkable arts district
- Diversified Income — Mix of furnished and long-term units reduces seasonal volatility
Listing Contacts
Listed by AIRE BROKERS LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,000.00
$11,000.00/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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