5401 21ST AVENUE
GULFPORT, FL 33707
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- 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.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 10, 2026 | Listed | $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.
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.
