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3025 56TH STREET S

Multi-family For Sale
$500,000

BTC: 8.19672131

ETH: 303.03030303

28 days
0 room(s)
1,044 sqft

Overview

LOCATION - LIFESTYLE - INCOME. Fully renovated and FULLY FURNISHED 1925 duplex in the heart of Gulfport’s walkable downtown district just blocks from Beach Blvd restaurants, shops, waterfront parks, galleries, and the popular Tuesday market. TURNKEY and income-producing potential from day one, this beautifully updated property features two stylish 1BD/1BA units with private entrances, in-unit laundry, separate electric meters, and strong rental appeal. The front unit offers an enclosed entry porch, spacious bedroom, updated kitchen, and curated furnishings. The rear unit features an open layout, private patio space, all new appliances, and equally polished finishes and furnishings. Alley access with gated off-street parking behind the property. Major system updates include metal roof, updated Square-D electrical panel (2023), new mini-split HVAC systems (2024), and brand-new hot water heaters (2026). Projected rental income approximately $4,000+/month. Zoned R-3 with future redevelopment potential for additional units or triplex configuration (buyer to verify). Conveniently located approximately 10 minutes to downtown St. Petersburg, 15 minutes to St. Pete Beach and Treasure Island, 30 minutes to Tampa International Airport (TPA), and 35 minutes to Sarasota-Bradenton International Airport (SRQ).

Location

Details

Type:
Residential Income
Parking:
Off Street / Other
Year Built:
1925
Lot:
0.09 Acres
Heating:
Other
Price/sqft:
$479
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$269,900
$191K – $491K
Confidence Low
List vs. estimate
$230K above estimate
List $500,000 · +85.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$478
+36.4% vs. city median $351
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,247
2025
Furnished
Furnished
Pets
Allowed
All facts and features
  • Heating

    • Other

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Kitchen/Family Room Combo

  • Parking

    • Off Street

    • Other

    Property

    • Levels: One

    • Exterior Features: Private Entrance / Private Yard / Fenced

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 333116096120080050

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,248

  • Source details

    • MLS ID: TB8511439

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: In Garage / In Kitchen

    • Other Structures: Shed(s)

    • Living Area: 1044

    • Water Source: Public

    • Subdivision Name: BOCA CEIGA PARK BLK H, LOT 5

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SMITH & ASSOCIATES REAL ESTATE