Property Description
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.
Features
Heating System:
Central, Ductless
Cooling System:
Central Air, Wall/Window Unit(s)
Exterior Features:
Lighting, Sidewalk, Fence
Interior Features:
Ceiling Fans(s)
Laundry Features:
In Garage
Sewer:
Public Sewer
Utilities:
Electricity Connected, Sewer Connected
Address Map
Country:
US
State:
FL
County:
Pinellas
City:
Gulfport
Subdivision:
PASADENA GARDENS GULFVIEW SEC
Zipcode:
33707
Street:
21ST
Street Number:
5401
Street Suffix:
AVENUE
Longitude:
W83° 17' 35.8''
Latitude:
N27° 44' 58.1''
Directions:
Gulfport Blvd. S. (22nd Ave. S.) to 56th St., north to address on the left.
Mls Area Major:
33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Street Dir Suffix:
S
Additional Information
Lot Size Dimensions:
75x127
Water Source:
Public
Virtual Tour:
https://www.propertypanorama.com/instaview/stellar/W7889437
On Market Date:
2026-09-10
Garage:
2
Foundation Details:
Crawlspace
Construction Materials:
Frame
Building Size:
2172
Attached Garage Yn:
1
Financial
Tax Annual Amount:
6559.89
Listing Information
List Agent Mls Id:
261548333
List Office Mls Id:
285511564
Listing Term:
Cash, Conventional, FHA, VA Loan
Mls Status:
Active
Modification Timestamp:
2026-09-11T10:50:06Z
Originating System Name:
Stellar
Special Listing Conditions:
None
Status Change Timestamp:
2026-09-11T03:04:42Z

Residential Income For Sale

5401 21st Ave S, Gulfport, Florida 33707

5 Bedrooms
2 Bathrooms
1,528 Sqft
$450,000
Listing ID #W7889437
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
W7889437
Price :
$450,000
Bedrooms :
5
Bathrooms :
2
Square Footage :
1,528 Sqft
Year Built :
1945
Lot Area :
0.22 Acre
Property Sub Type :
Duplex
Roof:
Shingle
Agent info
Contact Agent

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