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Office Unit at Gecko Plaza
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5702 GULFPORT BOULEVARD S #2, Gulfport, FL 33707

The suite includes a reception area, private offices, additional work areas, and its own bathroom.

Property Size800 SF
Price / SF$20.25
Days on Market4

Property Features for 5702 GULFPORT BOULEVARD S #2

General Information

Standard status Active
Size 800 SF
Property subtype Office
Zoning CL-1

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Condition Built-Out
Office Units 1

Amenities

0.24 acres, Dimensions: 60x171, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Built-Up
Public Sewer
Additional parcels description:, Parcel Number: 33-31-16-47664-000-4860, Public Survey Range: 16, Public Survey Section: 33, Annual Amount: $8,682.87, Tax Block: 00000, Tax Book Number: H5-45, Legal Description: LAKE BUTLER VILLA CO'S ADD LOT 486, Lot: 486, Year: 2025
Central Air
Central
Listing ID: MFRTB8563901, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-11-02, 1 day on market
Built in 1977, Living area units: Square Feet, Building faces Northeast, 1 storey, Construction Materials: Block, Stucco
Subdivision: LAKE BUTLER VILLA COS ADD, MLS Area (Major): 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch, County/Parish: Pinellas
Leasable area: 800
Public, Water Source: Public
Slab
Sewer, Trash Collection, Water
Electricity, Insurance, Pest Control, Repairs, Telephone
Frontage Type: City Street, County Road, Main Throrughfare, Road Responsibility: Public Maintained Road, Road Surface: Asphalt

Building Details

Year Built 1977
Tenancy Multi
Listing Agency: CALDWELL REALTY
Listed By: Jody Sepulveda · License #3191079
Source: Miharaandassociates
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 4 at 1:39PM

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 CALDWELL REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Gecko Plaza contains six commercial units, with this office space configured around a reception area, private offices, additional work areas, and a private bathroom. The suite measures approximately 800 heated square feet and is in a building constructed in 1977. The property is zoned CL-1.

The plaza fronts Gulfport Boulevard S along an interstate feeder. Nearby businesses include a bank, retail stores, fast-food restaurants, and Walgreens.

Key Highlights

  • Approximately 800 heated square feet
  • Reception area, private offices, additional work areas, and a private bathroom
  • Part of a six‑unit commercial plaza

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,420 $248.4K
Cap Rate 7%
$177,443 $177.4K
Cap Rate 9%
$138,011 $138.0K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$20.8K $26.04/SF
− Vacancy
−$4.3K −$5.34/SF
EGI
$16.6K $20.70/SF
− OpEx
−$4.1K −$5.18/SF
NOI
$12.4K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,420
Cap Rate 7%
$177,443
Cap Rate 9%
$138,011

Alternative Uses

Best Use
Office B
$177.4K
$155.3K – $207.0K (±1% cap)
NOI $12,421 @ 7.0% cap · market cap 76.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$208.1K
$182.1K – $242.8K (±1% cap)
NOI $14,566 @ 7.0% cap · market cap 89.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Building Supply Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby

Demographics for 33707, FL

24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes a reception area, private offices, additional work areas, and its own bathroom.
Where is this office unit located?
The property is located at 5702 GULFPORT BOULEVARD S #2 Gulfport, FL.
What are key features of this property?
This property features: Approximately 800 heated square feet; Reception area, private offices, additional work areas, and a private bathroom; Part of a six‑unit commercial plaza
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