PRESTON AVENUE S, GULFPORT, FL, 33707
Active234 days on marketListed Dec 14, 2025MLS #TB8456297
About this home
PRESTON AVENUE S
PRICE REDUCTION!!! Vacant, buildable CORNER LOT available! Frontage: 45 ft | Depth: 90 ft Total Lot Size: 0.093 acres (4,051 sq ft) Located at the corner of Preston Avenue and 51st Street South in the City of Gulfport, this lot presents an excellent opportunity for a residential build. The property is not in a flood zone (FLOOD ZONE X) and is just blocks from the Pinellas Trail, offering convenient access for biking and outdoor recreation. Enjoy close proximity to downtown St. Petersburg, downtown Gulfport, and the Gulf beaches, with an easy bike ride to local shops, restaurants, and entertainment. Quick access to I-275 makes commuting simple and efficient. The surrounding area features several newer construction homes, highlighting the strong growth and desirability of this neighborhood. Don’t miss the opportunity to secure a centrally located, buildable corner lot with excellent development potential in a thriving urban area.
Facts & features
The home at a glance
0.09 ac
Lot size
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 — not generic estimates.
$1,043 /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
$1,043/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.
Where it sits
Inside Gulfport
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Gulfport. See the full Gulfport guide →
GULFPORT 33707 — neighborhood snapshot
Population
24,456
Median age
59.8
Median income
$68,560
Median home value
$344,600
Avg household
1.88
Households w/ children
1,331
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)
Median sold price, Gulfport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 58% below the GULFPORT 33707 median. See the full Gulfport market guide →
Paper trail
This home's history
Reality check
What actually sold near PRESTON AVENUE S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$275,000
5129 17TH AVENUE S · same community
2 bd · 1 ba · 612 sqft · $449/sqft · 14 DOM
Sold · Sep ’25$205,000
5138 PRESTON AVENUE S · same community
2 bd · 1 ba · 686 sqft · $299/sqft · 27 DOM
Sold · Sep ’25$265,000
5145 PRESTON AVENUE S · same community
2 bd · 1 ba · 861 sqft · $308/sqft · 12 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 PRESTON AVENUE S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for PRESTON AVENUE S — 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
PRESTON AVENUE S FAQs
What would the monthly payment be for PRESTON AVENUE S?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,043/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on PRESTON AVENUE S?+
The most recent tax bill on record (2024) was $1,098. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gulfport?+
At $125,000, this home is listed about 64% below the Gulfport median of $344,900. The market section on this page shows how the area is trending.
Which schools are assigned to PRESTON AVENUE S?+
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
Three things that matter here
01Under the GULFPORT 33707 market on paper
$125,000 is 58% below the GULFPORT 33707 median of $299,900.
02Time on market is leverage
234 days on market against a Gulfport median of 57 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $165,000, now $125,000 — a $40K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REALTY EXPERTS · Heather Breckenridge. MLS #TB8456297.
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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