3205 58th St S
Gulfport, FL 33707

Seaside Villas is a 121-unit waterfront, resort-style multifamily community located directly on Boca Ciega Bay in Gulfport, Florida. Situated on 3.7 acres and a short five-minute walk to the nearby Beach Boulevard retail and dining corridor, the property provides residents both waterfront living and the convenience of downtown amenities. This unmatched combination has driven strong tenant demand, resulting in the property’s 100% occupancy and historic rental rate growth with current rents averaging $1,289/unit. The property includes studio, one, and two-bedroom floorplans with many commanding bayfront view premiums and all benefiting from waterfront amenity access. The current owner has recently completed a $1.6M ($13K/unit) property-wide renovation and has upgraded unit interiors to include stainless steel appliances with built-in microwave and honey oak cabinets that accentuate each unit’s open living/dining rooms and spacious closets. Common area improvements were also recently completed and focused on maximizing tenant enjoyment of the waterfront location. The three on-site pools, including a heated bayfront pool with a relaxing lounge area, were each upgraded with resort-style furniture and landscaping. Additional amenities added or upgraded during the renovation include gated access, waterfront hammocks, fire pits, two rooftop lounges, gourmet outdoor kitchen and grill areas, kayak storage, a dog park, and laundry facilities.