5401 21ST AVENUE S
Gulfport, FL 33707
$450,000
Welcome to this charming and unique income-producing property situated on a HUGE oversized lot of nearly 1/4 acre, just minutes from the vibrant heart of Downtown Gulfport! Offering an incredible combination of character, versatility, outdoor space, and investment potential, this property presents an exciting opportunity for both investors and owner-occupants alike.
The property features a quaint 3-bedroom, 1-bath main cottage, along with a separate 2-bedroom, 1-bath apartment located above the spacious 2-car garage. Adding even more convenience and appeal for investors, the two residences are separately metered for BOTH WATER AND ELECTRIC, allowing for easier management of utilities and added flexibility for rental arrangements. The property also features a ROOF FROM 2018, and AC units from 2021 and 2025, providing another valuable improvement for future owners.
This flexible setup offers multiple possibilities—live in the main home while generating additional income from the apartment, create a comfortable space for extended family or guests, or take advantage of both residences as an income-producing investment.
Outside is where this property truly shines. The expansive, fully fenced backyard offers an incredible amount of space rarely found this close to Downtown Gulfport. A large covered patio creates the perfect setting for outdoor dining, entertaining, weekend gatherings, or simply relaxing and enjoying the Florida lifestyle. And for an extra touch of fun, the backyard even features your very own private PUTTING GREEN!
For investors and buyers with a vision, the property offers tremendous value-add potential. With some thoughtful cosmetic updates ...
Listing Courtesy of: INVESTMENT FLORIDA REALTY LLC
727-940-5909
| Listing Id: | W7889437 |
|---|---|
| List Price: | $450,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 2 |
| Living Area: | 1,528 |
| Tax Annual Amount: | $6,560 |
| Lot Size Square Feet: | 9,527 |
| Lot Size Acres: | 0.22 |
| Waterfront?: | No |
| City: | Gulfport |
| County Or Parish: | Pinellas |
| Subdivision Name: | Pasadena Gardens Gulfview Sec |
| Postal Code: | 33707 |
| Year Built: | 1945 |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Public Records |
| Building Area Total: | 2172 |
| Building Area Units: | Square Feet |
| Foundation Details: | Crawlspace |
| Construction Materials: | Frame |
| Cooling: | Central Air, Wall/Window Unit(s) |
| Directions: | Gulfport Blvd. S. (22nd Ave. S.) to 56th St., north to address on the left. |
| Exterior Features: | Fence, Lighting, Sidewalk |
| Furnished: | Unfurnished |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Heating: | Central, Ductless |
| Interior Features: | Ceiling Fans(s) |
| Laundry Features: | In Garage |
| Listing Contract Date: | 2026-09-04 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.22 |
| Lot Size Dimensions: | 75x127 |
| Postal Code Plus4: | 4805 |
| MLS Area Major: | 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch |
| MLS Area Major: | 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch |
| Original List Price: | $450,000 |
| Parcel Number: | 28-31-16-67338-032-0110 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Electricity Connected, Sewer Connected |
| Water Source: | Public |
| Public Survey Range: | 16 |
| Public Survey Section: | 28 |
| Additional Lease Restrictions: | Buyer to verify lease restrictions with local municipality |
| Alternate Key Folio Num: | 283116673380320110 |
| Annual Net Income: | 27000.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 201.79 |
| Calculated List Price By Calcula: | 294.50 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/W7889437?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/W7889437?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0277H |
| Green Verification Count: | 0 |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 141.96 |
| Lot Size Square Meters: | 885 |
| Minimum Lease: | 1 Month |
| Num Of Own Years Prior To Lse: | 0 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-940-5909 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 08, 2026 06:32 PM - ET
