1904 24th Avenue Gulfport, MS 39501
COMMERCIAL - Gulfport, MS
Property Features for 1904 24th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 0811f-05-013.002
- Size
- 1,886 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 85 FT OF LOTS 15 & 16 BLK 108 ORIGINAL GULFPORT
- Tax Annual Amount
- 1489
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1903
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
Listing agent Sandi E Sawyer-Dulaney License #S22082 (228) 861-4689
Listing office Sawyer Real Estate, Inc. Of Ms. 1801 24th Avenue, Gulfport, MS (228) 863-0232
Listing date Mar 12, 2026
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.
Investment Insights
Based on property information with market context.
Located in central Gulfport just steps from the Harrison County Courthouse, the building provides convenient street parking directly in front, with additional parking located at the rear.
The property consists of a single office building well suited for a range of professional services, supported by the combination of reception, private office rooms, and on-site storage.
Key Highlights
- 1903‑built downtown Gulfport professional office space
- Multiple private offices plus reception area and kitchen/break area
- Abundant dedicated storage throughout the building
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 | $24.4k | $12.96 |
| − Vacancy | −$4.4k | −$2.33 |
| EGI | $20.0k | $10.63 |
| − OpEx | −$5.0k | −$2.66 |
| NOI | $15.0k | $7.97 |
