Homes/Florida/Gulfport/5004 23rd Ave S
CompCasa Property Analysis · Single Family Residential

5004 23rd Ave S

Charming Gulfport Bungalow with Large Bonus Room Addition

Updated 2BR/1BA home with hardwood floors, newer systems, fenced yard

CompCasa valuation analysis
Estimated market value
$399,000
Low $383,040 · Midpoint $399,000 · High $414,960
Confidence65%Sales comparison approach
CompCasa estimate$399,000Current analysis
$383,040$399,000 midpoint$414,960
Price / sq ft$366

Derived from Redfin listing LD+JSON

About the property

Charming Gulfport Bungalow with Large Bonus Room Addition

This classic Gulfport bungalow preserves the original character while delivering practical modern upgrades. Step across original hardwood floors into a compact, well-proportioned living area and you’ll immediately notice the large bonus-room addition that expands what a 2-bedroom footprint can offer. The bonus room is configured to serve multiple needs—dining and den today, or converted to a primary suite with an en-suite bath in the future—without sacrificing a welcoming main living space.

Recent, meaningful updates reduce near-term maintenance concerns: a newer roof and windows, updated electrical, and a recently replaced central heat and air system. Those improvements pair with the home’s 1953 charm to create a comfortable low-maintenance coastal residence. The single full bathroom is functional and central to the floorplan, while the footprint leaves room for personalization and cosmetic upgrades to maximize value.

Outside, the fully fenced yard and alley access offer privacy and convenience uncommon for smaller Gulfport lots. Off-street parking via the alley is a practical bonus for local living, and the non-flood zone designation provides an extra measure of resilience for a coastal community. The lot feels intimate yet usable—perfect for a small garden, pets, or an outdoor seating area.

This bungalow is a smart fit for buyers seeking a move-in-ready starter home with upside: keep the bonus room as flexible living space or plan a tasteful expansion to add an ensuite primary. With quality systems already refreshed, the property tends to show well at inspections and presents a straightforward ownership profile for buyers focused on lifestyle and future value.

Located at 5004 23rd Ave S in Gulfport, this home pairs bungalow character with practical updates—an appealing combination for buyers who want classic details without the immediate cost of major system replacements.

Location & nearby

Gulfport, FL

Researched nearby locations

Alley access with off-street parking
Close-knit, small-city coastal character
Nearby parks and green spaces
close to the water

Location

5004 23rd Ave S, Gulfport, FL, 33707

View in Google Maps
Editorial neighborhood context

Gulfport is a compact coastal community on Florida’s Pinellas County peninsula, known for its small-town rhythm and strong local character. Residents enjoy a mix of bungalow and cottage-style homes, neighborhood parks, and community events that emphasize walkable, neighborhood-oriented living. The area offers easy access to coastal amenities and local dining, making it appealing to buyers seeking an active, community-focused lifestyle close to the water.

Nearby access summary

Very good access to coastal and neighborhood recreation — parks, waterfront amenities, and community green spaces are readily accessible for walking, biking, and outdoor activities.

Market context

A factual market snapshot around 5004 23rd Ave S.

Editorial market perspective

This listing price aligns exactly with the valuation midpoint of $399,000 and a modeled price-per-square-foot of $366 (confidence 0.65), placing the home competitively among small single-family residences in Gulfport. Because the house features recent capital improvements (roof, windows, electrical, HVAC) and sits in a non-flood zone, it reduces transactional friction and can attract buyers who prioritize turnkey condition in coastal markets. For buyers, the property’s compact footprint and strong systems make it an efficient entry into Gulfport ownership; for sellers, the combination of historic charm and updated infrastructure typically shortens negotiation cycles versus similar homes requiring significant repairs.

Local inventory dynamics and days-on-market vary seasonally—interested buyers should consult the current MLS for the latest absorption rates—but properties under $425K with recent upgrades tend to see steady interest. This home’s price, condition, and alley-access parking position it well in a market where demand favors low-maintenance, character-rich single-family homes.

Highlights & features

What stands out about this property.

Interior Features

  • 2 bedrooms, 1 full bathroom
  • Approximately 1,090 finished square feet
  • Original hardwood floors
  • Large bonus room addition (flex space or future primary suite)
  • Updated electrical
  • Newer central heat & air

Exterior & Lot

  • Fenced backyard
  • Alley access with off-street parking
  • Newer roof
  • Newer windows
  • Non-flood zone

Location & Neighborhood

  • Address: 5004 23rd Ave S, Gulfport, FL 33707
  • In the Gulfport community of Pinellas County
  • Close-knit, small-city coastal character
  • Convenient access to local services and community amenities

Walkability & Recreation

  • Walkability Rating: 78/100 — Some errands on foot
  • Nearby parks and green spaces
  • Coastal recreation and waterfront amenities within short drives
  • Community recreation facilities and neighborhood gathering spots