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Active · Multi-Family

5401 21ST AVENUE

GULFPORT, FL 33707

Beds
5 beds
Baths
2 baths
Area
1,528 sqft
Multi-FamilyBuilt 19459,527 sqft lot2-car garageCentral, DuctlessCentral Air, Wall/Window Unit(s)$295/sqft11 days on market

Location

About this home

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 and improvements, there is an excellent opportunity to enhance both the appeal and overall value of the property while maximizing its income-producing potential. Enjoy the charm and laid-back lifestyle Gulfport is known for, with Downtown Gulfport's eclectic restaurants, local shops, art galleries, entertainment, waterfront district, and community events just minutes away. Whether you're searching for your next investment, looking to offset your mortgage with rental income, or dreaming of a property with room for multiple generations, this versatile property offers endless possibilities.

Facts & features

Interior

Bedrooms
5
Bathrooms
2
Living area
1,528 sqft
Heating
Central, Ductless
Cooling
Central Air, Wall/Window Unit(s)
Features
Ceiling Fans(s)

Exterior & lot

Lot size
9,527 sqft (0.22 ac)
Roof
Shingle
Construction
Frame
Exterior
Fence, Lighting, Sidewalk

Parking

Garage
2 spaces

Financial

Annual tax
$6,560 (2025)
Price / sqft
$295/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected

Property

Property type
Multi-Family
Year built
1945
Subdivision
PASADENA GARDENS GULFVIEW SEC
County
Pinellas

Listing

Status
Active
Days on market
11 days
MLS #
MFR805304563
Source
Stellar MLS

Listed by ALEXIS Selby · INVESTMENT FLORIDA REALTY LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$2,822/mo
Principal & interest
$2,275/mo
Property tax
$547/mo
Home insurance
Left out until you enter a quote

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Similar homes nearby

Homes for sale in GULFPORT within the same price band.

2702 49TH STREETActive
$399,000
2702 49TH STREET
GULFPORT, FL 33707
4 beds2 baths1,568 sqft
6020 SHORE BOULEVARDActive
$399,000
6020 SHORE BOULEVARD, 211
GULFPORT, FL 33707
2 beds2 baths1,450 sqft
5825 21ST AVENUEActive
$510,000
5825 21ST AVENUE
GULFPORT, FL 33707
3 beds1 bath1,543 sqft

Price history

From the property’s MLS record.

DateEventPriceChange
Sep 10, 2026Listed$450,000

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for GULFPORT, FL are not connected yet, so this page does not show them.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Frequently asked questions

What would 5401 21ST AVENUE, GULFPORT cost per month?

About $2,822 a month: $2,275 principal and interest, $547 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.

Is 5401 21ST AVENUE, GULFPORT priced fairly?

Comparable homes nearby put it between $424,180 and $488,036, with $456,108 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $299 a square foot.

How does 5401 21ST AVENUE, GULFPORT compare to nearby homes?

8 comparable properties within three miles. The nearest: 4500 3RD AVENUE, ST PETERSBURG, FL at $584,900, 1,317 sq ft, 1.48 miles away; 6219 2ND AVENUE, ST PETERSBURG, FL at $499,500, 1,714 sq ft, 1.62 miles away; 3829 2ND AVENUE, ST PETERSBURG, FL at $449,000, 1,614 sq ft, 2.09 miles away.

How long has 5401 21ST AVENUE, GULFPORT been on the market?

1 day on the market.

Has the price of 5401 21ST AVENUE, GULFPORT changed?

The price has not moved since it was listed.

How big is 5401 21ST AVENUE, GULFPORT?

5 bed, 2 bath, 1,528 square feet. That is $295 a square foot.

What year was 5401 21ST AVENUE, GULFPORT built?

Built in 1945.

What is the HOA fee at 5401 21ST AVENUE, GULFPORT?

The feed lists no association fee for this property.

What are the property taxes at 5401 21ST AVENUE, GULFPORT?

Property tax works out to about $547 a month, $6,560 a year, on the 2025 assessment.

Is 5401 21ST AVENUE, GULFPORT still available?

It is still on the market.