Duplex Residential Income
5020 26TH AVENUE S Gulfport, FL 33707
5020 26TH AVENUE S, Gulfport, FL, 33707
$625,000
Pending
For Sale
$625,000
Pending
Duplex offered for sale in Gulfport, Florida, with residential income potential.
Property Size2,387 SF
Days on Market20
Property Features for 5020 26TH AVENUE S
General Information
- Standard status
- Pending
- Size
- 2,387 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1949
Listing agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed by
Rachel Whitlatch · License #3617117
Source
Endlesssummerrealty
Added: Jul 3 Updated: Jul 21 at 1:34AM Checked: Jul 21 at 2:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHARLES RUTENBERG REALTY INC
Investment Insights
Based on property information with market context.
This for-sale duplex in Gulfport, Florida is offered with accepting backup offers. The property is described as a residential income duplex and is categorized under duplexes, multifamily properties, and residential income properties.
The listing does not provide unit-level or improvement details, but the asset is identified by its address at 5020 26th Avenue S, Gulfport, FL 33707.
Prospective buyers should review the property for unit configuration, condition, and income-producing characteristics during due diligence.
The listing does not provide unit-level or improvement details, but the asset is identified by its address at 5020 26th Avenue S, Gulfport, FL 33707.
Prospective buyers should review the property for unit configuration, condition, and income-producing characteristics during due diligence.
Key Highlights
- Duplex for sale in Gulfport, Florida
- Built in 1949
Local Financial Insights For Multifamily LT 5
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 | $42.7k | $17.88 |
| − Vacancy | −$2.9k | −$1.21 |
| EGI | $39.8k | $16.67 |
| − OpEx | −$11.9k | −$5.00 |
| NOI | $27.9k | $11.67 |
2,387 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.0K
$348.3K – $464.4K
NOI $27,862 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$313.6K
$274.4K – $365.9K
NOI $21,953 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$620.9K
$543.3K – $724.4K
NOI $43,461 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offered for sale in Gulfport, Florida, with residential income potential.
Where is this duplex located?
The property is located at 5020 26TH AVENUE S Gulfport, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Duplex for sale in Gulfport, Florida; Built in 1949
