5701 Gulfport Blvd S

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5701 Gulfport Blvd S

Gulfport, FL 33707
Asking Price
$3.97M
Asset Type
Office
Class
Class B

What's Special

5701 Gulfport Blvd S is located in the heart of Gulfport, Florida, a coastal community known for its walkable districts and local commerce. The property sits on a primary east-west thoroughfare, providing high visibility and direct access to nearby St. Petersburg and the I-275 corridor. The surrounding neighborhood features a mix of residential housing, retail centers, and professional services. Local amenities within walking distance include diverse dining options, pharmacies, and public parks. Public transit stops are located near the building, facilitating access for commuters and visitors throughout the Pinellas County area. The building’s layout and central location make it suitable for professional services, boutique firms, or medical administrative offices. Ideal tenants include legal practices, accounting firms, insurance agencies, or creative studios seeking a functional workspace within a suburban coastal setting. The property caters to small to mid-sized businesses looking for a long-term presence in a stable, community-oriented market. With flexible floor plans and proximity to both residential neighborhoods and commercial hubs, the site accommodates businesses that prioritize convenience for local clientele and a quiet, professional environment for employees.

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NOI
$80,000
Cap Rate
2.02%
DSCR
0.34
Underwater
Cash-on-Cash
-13.07%
Monthly Payment
$19,624.904
Annual Cash Flow
$-155,498.848

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