2624 54Th StGulfport, FL 33707

This exceptional 3,972 square foot mixed-use property, situated on a 0.25-acre lot at 2624 54th Street S in Gulfport, Florida, presents a unique investment opportunity. The single-story building, constructed of block, boasts high ceilings, a kitchen, three restrooms, a spacious open entry area, and a welcoming front porch. A large open community area and multiple sizable storage rooms, adaptable as offices, are also included. The property features central air conditioning. The grounds are enhanced by mature vegetation in a sizable front and side yard. Currently operating as a preschool under a special city permit, the property is zoned "neighborhood," offering potential for redevelopment into single-family or multi-family housing. The surrounding area is a vibrant, safe, and established Gulfport neighborhood, characterized by beautiful single-family homes and expansive parks. Its proximity to downtown Gulfport, renowned for its artistic community, diverse culinary scene, and lively entertainment options along the Gulf Coast beaches, adds significant appeal. Comparable homes in the neighborhood are valued at $300 to $500 per square foot or more. The existing use permit for educational purposes is transferable to a new owner. Prospective buyers are solely responsible for verifying zoning and usage regulations with local authorities. This property offers a compelling blend of existing functionality and significant redevelopment potential in a highly desirable location.