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
MULTI_FAMILY - GULFPORT, FL
Property Size2,387 SF
Lot Size0.37 Acres
Days on Market22
Property Features for 5020 26TH Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
- Parking features
- Off Street, Driveway, Oversize
- Window features
- Skylight(s), Shutters
- Patio and Porch features
- Patio, Porch, Deck
- Interior features
- Thermostat
- Exterior features
- Fence, Hurricane Shutters, Private Entrance, Private Mailbox, Private Yard, Storage
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 33-31-16-00000-130-0500
- Size
- 2,387 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PART OF SW 1/4 OF NE 1/4 OF SEC 33-31-16 DESC FROM NE COR OF PITTSFIELD SUB TH W 70FT FOR POB TH S00D13'28"E 182.87FT TH N89D59'49"W 91FT TH N00D13'28"W 86FT TH S89D59'49"E 6FT TH N00D13'28"W 96.86FT TH E 85FT TO POB
- Tax Annual Amount
- 1528
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Building materials
- Block, Stucco, Vinyl Siding, Frame
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed by
Rachel Whitlatch
(727) 667-5990
Added: Jul 1 Updated: Jul 20 at 9:18PM Checked: Jul 22 at 11:06AM
MLS# TB8525132
Copyright © 2026 Stellar MLS. 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.
This duplex residential income property is located at 5020 26th Avenue S in Gulfport, Florida (33707). The listing is for sale and is currently under contract, with backup offers being accepted.
The property sits on a 0.37-acre lot and includes 2,387 square feet of total building area, providing a straightforward duplex configuration within Pinellas County.
Presented as a duplex, the asset offers income-oriented residential housing within the Gulfport market.
The property sits on a 0.37-acre lot and includes 2,387 square feet of total building area, providing a straightforward duplex configuration within Pinellas County.
Presented as a duplex, the asset offers income-oriented residential housing within the Gulfport market.
Key Highlights
- Duplex in Gulfport, FL (under contract; accepting backup offers)
- 1949 construction with block/stucco and vinyl siding/frame exterior materials
- Electric heating with central air plus wall/window and window unit cooling
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Gulfport, Florida offered for sale as a residential income property.
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 in Gulfport, FL (under contract; accepting backup offers); 1949 construction with block/stucco and vinyl siding/frame exterior materials; Electric heating with central air plus wall/window and window unit cooling
