For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Live-Work Cottage with Office Rooms Title is generated by Realmo AI

    1702 23rd Avenue, Gulfport, MS 39501

    View on Map
    Claim this Listing
    Pending
    $199,900

    COMMERCIAL - Gulfport, MS

    Type:Office
    Property size:
    1,422 SF
    Lot size:
    0.11 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    203
    Last Refresh:
    Jun 12 at 8:06 pm

    Property Features for 1702 23rd Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2
    Parking
    6
    Window features
    Aluminum Frames
    Standard status
    Pending
    APN
    0811f-02-045.000
    Size
    1,422 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    W 47 FT OF LOTS 13 & 14 & W 50 FT OF LOTS 15 & 16 BLK 133 ORIGINAL GULFPORT
    Tax Annual Amount
    2063

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1907
    Floors in Building
    1
    Flooring type
    Hardwood
    Building materials
    Vinyl Siding
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Cathy Gill

    Listing agent Cathy Gill License #S54355

    Listing office Owen & Co., LLC 2208 18th Street, Ste B, Gulfport, MS

    Listing date Nov 21, 2025

    MLS# 4132272

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1907 cottage on a corner lot with 1,440 SF and vinyl siding
    • 4 office spaces plus high ceilings, a full kitchen, an eating area, and washer/dryer hookup
    • 3 bathrooms (Bathroom 1, 2, and 3) and updated with new bathroom tub and vanities
    • Updated with fresh paint throughout and new lighting
    • Hardwood flooring; roof includes shingle/asphalt
    • Public utilities: public water and public sewer; cable available

    Overview

    This updated live-work cottage is set on a corner lot and configured to support professional use. The interior includes four office spaces with high ceilings, a full kitchen, three bathrooms, and an eating area, along with washer/dryer hookup. Recent improvements include fresh paint throughout, new lighting, and updated bathroom tub and vanities, giving the space a clean, ready-to-use feel for an owner-operator or tenant.

    The property is positioned in downtown Gulfport with convenience to daily destinations. It is less than a mile from the beach and the Gulfport Harbor, and it is located across the street from the Federal Courthouse. Additional nearby options include the Aquarium, restaurants, bars, casinos, and shopping, with easy access to the airport and the interstate.

    With zoning listed as T4+ (General Urban Plus Zones), this property offers flexibility for a range of uses. It is particularly well-suited for an insurance or law office that benefits from a professional office layout while also accommodating a live-and-work lifestyle. The configuration may also appeal to buyers looking for a combination investment and personal-use scenario, depending on their intended operating model.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $18.4k $12.96
    − Vacancy −$3.3k −$2.33
    EGI $15.1k $10.63
    − OpEx −$3.8k −$2.66
    NOI $11.3k $7.97
    1,422 SF · lease $12.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $161.9K
    $141.7K – $188.9K (±1% cap)
    NOI $11,334 @ 7.0% cap · market cap 5.67%
    Second Best
    Mixed Use
    $144.0K
    $126.0K – $168.0K (±1% cap)
    NOI $10,078 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Healthcare Medical
    $229.1K
    $200.5K – $267.3K (±1% cap)
    NOI $16,036 @ 7.0% cap · market cap 8.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.089975
    Latitude
    30.3715783

    FAQs

    What type of property is this?
    Live-work space - Updated corner-lot cottage offering multiple office spaces, a full kitchen, and three bathrooms in a work-from-home setting.
    Where is this live-work space located?
    The property is located at 1702 23rd Avenue Gulfport, MS.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: 1907 cottage on a corner lot with 1,440 SF and vinyl siding; 4 office spaces plus high ceilings, a full kitchen, an eating area, and washer/dryer hookup; 3 bathrooms (Bathroom 1, 2, and 3) and updated with new bathroom tub and vanities
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message