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5102-5104 Gulfport Blvd S
Gulfport, FL 33707

2 Retail/Office Buildings on 1 Parcel · Retail Property For Sale

Investment Highlights

  • Close to national retailers. The City of Gulfport is close to Downtown St. Pete and is growing as demographics improve.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,200 SF
Building Class
C
Year Built
1965
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.30 AC
Zoning
CL-2 - Allows for retail, office, professional businesses and more.
Parking
5 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
105 ft on Gulport Boulevard

Amenities

  • Bus Route
  • Pylon Sign
  • Tenant Controlled HVAC

About 5102-5104 Gulfport Blvd S , Gulfport, FL 33707

Available for sale are two commercial buildings on a busy corner parcel on 22nd Avenue S. (Gulfport Blvd.) just west of 49th Street. The first building is a 1,200 SF retail or office building with great signage and was the longtime home of The Golf Shop before it moved two doors down in January 2020. The second building is 871 SF (1,256 total area) and that tenant is month to month. Current general retail rents in the South Pinellas submarket are $19 PSF with annual 3.5% rent growth. This is ideal for an owner-investor opportunity. The buyer could obtain owner-occupied financing at low rates and occupy one building and lease the other. Lots of nearby retailers, including McDonald's and a grocer-anchored shopping center across the street. Average daily traffic is 16,696 vehicles. Adjacent multi-family parcels also are available for purchase and could potentially create an attractive redevelopment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-31-16-00000-120-0100
Land Assessment
£198,293
Improvements Assessment
£87,611
Total Assessment
£285,904
  • Listing ID: 18568168

  • Date on Market: 19/02/2020

  • Last Updated:

  • Address: 5102-5104 Gulfport Blvd S, Gulfport, FL 33707

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