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5025 28th Avenue South
Gulfport, FL 33707
Asking Price
$1.60M
Cap Rate
8.3%
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 8.30% CAP | 10 Units <ul><li>Proven Income Stream — $175K+ gross annual income with documented 2025 actuals</li><li>Turnkey Operation — All units furnished and actively generating income; ready for new owner</li><li>FEMA Flood Zone X — Minimal flood hazard; no flood damage from recent hurricanes</li><li>Assemblage Value — Three contiguous lots (~0.59 acres) offer development optionality</li><li>Prime Location — Blocks from Beach Blvd in Tampa Bay's most walkable arts district</li><li>Diversified Income — Mix o
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
