5119 23rd Ave S, Gulfport, FL 33707

Stylish Gulfport Cottage with Development Potential!! This sweet, turnkey studio cottage is full of light, charm, and quiet style—set on a generous 50x132 lot just blocks from downtown Gulfport. Inside, the home lives larger than expected, with thoughtful updates throughout: bold tile accents, a warm wood barn door, and a surprisingly spacious kitchen that anchors the space. The bathroom has been tastefully updated, and natural light pours in from nearly every wall. Located in Flood Zone X (minimal risk) with no history of flooding or storm damage, the property offers both peace of mind and long-term flexibility. Zoned R-3, it allows for multi-family use or expansion, making it ideal for personal use, rental income, or future redevelopment. The home is currently used part-time as a short-term rental, and rental history is available upon request. From here, you’re just minutes to Gulfport’s waterfront, shops, restaurants, galleries, and weekly markets—plus 10 minutes to St. Pete Beach, 25 minutes to Tampa International Airport, and close to downtown St. Pete and Clearwater Airport. A solid opportunity in one of the area’s most beloved and walkable neighborhoods.