5940 PELICAN BAY PLAZA S UNIT 406, GULFPORT, FL, 33707
Active391 days on marketListed Jul 24, 2025MLS #TB8402992
About this home
5940 PELICAN BAY PLAZA S UNIT 406
Price to sell! This condo is located in the exclusive, gated waterfront community of Pasadena Yacht & Country Club. Offering 2 bedrooms and 2 bathrooms across a spacious 1,476 square feet. Step through the floor-to-ceiling sliding glass doors onto your expansive 33-foot balcony—ideal for morning coffee, evening sunsets, or simply soaking in the serene surroundings. The thoughtfully designed split-bedroom layout ensures privacy, while the oversized living and dining areas provide ample space for entertaining or relaxing in style. The primary suite is a peaceful retreat with direct balcony access, walk-in closet, and the second bedroom offers flexibility for a home office or perfect guest suite with private bathroom and private balcony. Additional conveniences include an in-unit laundry, covered deeded parking and abundant natural light throughout. This condo presents a wonderful opportunity to add your personal touch and make it truly your own. Pelican Bay residents enjoy secure entry, two mezzanine lounges, a private heated pool, sauna, clubhouse, and a dedicated entertainment room. This pet-friendly community (with weight restrictions) is ideally situated near Gulf beaches, vibrant downtown St. Petersburg, shopping, dining and 2 International Airports. Don’t miss your chance to own a piece of paradise and experience the exceptional lifestyle at Pasadena Yacht & Country Club! Some photos have been virtually staged
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,476
Sqft
0 ac
Lot size
1
Garage
1983
Year built
One
Levels
$206
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,597 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,597/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−32.9%
$/sqft vs Gulfport actives
$206 vs $335
Days on market
391 vs 63 typical
Where $206/sqft sits among the 111 Gulfport actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Pasadena Golf & Yacht Club
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Gulfport. See the full Gulfport guide →
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gulfport market
$352K → $368K
Gulfport median sold, yr/yr
94.3%
Sale-to-list ratio (12 mo)
64 of 111
Gulfport actives have cut their price
Median sold price, Gulfport, trailing 36 months (3-month rolling) · live MLS data.
Paper trail
This home's history
Reality check
What actually sold near 5940 PELICAN BAY PLAZA S UNIT 406
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$225,000
5980 SHORE BOULEVARD S UNIT 111
2 bd · 2 ba · 1,450 sqft · $155/sqft · 118 DOM
Sold · Feb ’26$220,000
5980 SHORE BOULEVARD S UNIT 403
2 bd · 2 ba · 1,450 sqft · $152/sqft · 207 DOM
Sold · Apr ’26$200,000
5980 SHORE BOULEVARD S UNIT 510
2 bd · 2 ba · 1,450 sqft · $138/sqft · 403 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5940 PELICAN BAY PLAZA S UNIT 406 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5940 PELICAN BAY PLAZA S UNIT 406 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5940 PELICAN BAY PLAZA S UNIT 406 FAQs
What would the monthly payment be for 5940 PELICAN BAY PLAZA S UNIT 406?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,597/mo — principal and interest, the actual property-tax bill, the $1,027/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5940 PELICAN BAY PLAZA S UNIT 406?+
The association fee works out to $1,027 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5940 PELICAN BAY PLAZA S UNIT 406?+
The most recent tax bill on record (2024) was $5,835. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5940 PELICAN BAY PLAZA S UNIT 406?+
The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Gulfport?+
At $304,000, this home is listed about 19% below the Gulfport median of $375,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5940 PELICAN BAY PLAZA S UNIT 406?+
Gulfport Montessori Elementary School (elementary), Boca Ciega High School (high), Azalea Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
02Know the monthly fee
The association fee is $1,027/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Time on market is leverage
391 days on market against a Gulfport median of 63 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $414,999, now $304,000 — a $111K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of NAMASTE REALTY LLC · Jennifer Lumsden. MLS #TB8402992.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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