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INVESTMENT HIGHLIGHTS
- Brand-new roof installed July 2025
- Walkable to beach, pier, dining, and entertainment
- Newly resurfaced parking lot and landscaped courtyard
- Prime location in Gulfport’s Waterfront Redevelopment District
- Five-unit mix with two partial water-view apartments
- Non-flood zone X with strong storm performance
EXECUTIVE SUMMARY
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 FACTS
| Price | $1,230,419 CAD | Building Class | B |
| Price Per Unit | $246,084 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,672 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1973 |
| Property Subtype | Apartment | Parking Ratio | 1.4/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | WRD - waterfront redevelopment district | ||
| Price | $1,230,419 CAD |
| Price Per Unit | $246,084 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 3,672 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | WRD - waterfront redevelopment district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 1 | - | - |
| 1+2 | 1 | - | - |
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 33-31-16-09612-002-0170 | Improvements Assessment | $491,212 CAD |
| Land Assessment | $443,631 CAD | Total Assessment | $934,844 CAD |
PROPERTY TAXES
Parcel Number
33-31-16-09612-002-0170
Land Assessment
$443,631 CAD
Improvements Assessment
$491,212 CAD
Total Assessment
$934,844 CAD
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