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Investment Highlights

  • CG Commercial General zoning
  • Prime Gulfport / South St. Pete location

Executive Summary

This rare Gulfport redevelopment opportunity offers an exceptional chance to secure CG-zoned land in a prime South Pinellas County location. Positioned just minutes from Downtown Gulfport, Gulfport Marina, St. Pete Beaches, and Downtown St. Petersburg, the property benefits from unsurpassed accessibility and strong connectivity to the Tampa Bay market. Located along a growing commercial and residential corridor, this property is well-positioned for long-term value through Gulfport’s continued redevelopment momentum.
The 0.11-acre parcel currently includes an existing residential structure, providing immediate income-generating potential while maintaining future redevelopment upside. Investors can leverage multiple exit strategies: holding as a rental property with favorable cash flow potential, owner-user commercial use, or commencing a redevelopment plan under the flexible CG zoning, which enables a wide range of commercial or mixed-use possibilities.
As commercial land availability remains increasingly limited in Gulfport and South St. Pete, this property offers competitive positioning in one of Tampa Bay’s most desirable lifestyle-driven submarkets. Rental demand continues to accelerate due to population migration and constrained housing supply, supported by sustained infrastructure improvements and economic investment. This listing delivers an opportunity to capitalize on enduring land appreciation and strong urban infill demand in an evolving coastal community.

Property Facts

Price $195,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.11 AC
Zoning CG - Commercial General, City of Gulfport zoning.

1 Lot Available

Lot

Price $195,000
Price Per AC $1,772,727.27
Lot Size 0.11 AC

Description

Exclusively listed and represented by Aryanna Fernandez, Rainmaker Commercial Realty Corporation. TEXT FOR FAST RESPONSE: 813.665.5656 Commercially zoned CG property positioned in the rapidly growing Gulfport / South St. Pete corridor, offering exceptional potential for investors, developers, owner-users, and business operators seeking strategic positioning in one of Tampa Bay’s most supply-constrained coastal submarkets. Located just minutes from Downtown Gulfport, Gulfport Marina, Pasadena, St. Pete Beaches, and Downtown St. Petersburg, the property benefits from outstanding accessibility, strong demographics, and continued redevelopment activity throughout South Pinellas County. The property currently features an existing residential structure, creating multiple income-producing and redevelopment opportunities. Investors may choose to retain the home as a high-performing rental property while benefiting from the long-term upside of the underlying commercial land value. Rental demand throughout South St. Petersburg, Gulfport, and the surrounding Southern Pinellas markets has experienced substantial growth over the past decade, driven by population migration, limited housing inventory, continued waterfront redevelopment, and rising lifestyle demand near the beaches and downtown districts. Over the last 10 years, rental rates across the South Pinellas market have steadily appreciated, with Gulfport and South St. Pete emerging as some of the region’s strongest workforce and lifestyle rental markets. Continued redevelopment, infrastructure investment, and increasing barriers to entry are expected to support ongoing rental growth and long-term appreciation trends moving forward. This flexible CG-zoned property allows buyers several strategic options including living in the existing residence while benefiting from future land appreciation, leasing the home for strong potential double-digit cap rate cash flow returns, utilizing the site for owner-user commercial operations, or redeveloping the property for a variety of commercial or mixed-use opportunities permitted under CG zoning. With commercial land becoming increasingly scarce throughout the Gulfport and South St. Pete corridor, this property presents a rare opportunity to secure both immediate income potential and long-term redevelopment upside in one of Tampa Bay’s fastest-growing coastal markets.

Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
28-31-16-09054-000-0321
Land Assessment
$148,738
Improvements Assessment
$40,569
Total Assessment
$189,307
  • Listing ID: 40600837

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 4919 18th Ave S, Gulfport, FL 33707

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