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5940 Pelican Bay Plz

Gulfport, FL 33707

3 bd 2 ba 1,912 sqft Built 1983 condos
Most recent sale
$615,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2024 Listing removed $5,500 StellarMLS
Aug 14, 2023 Listed for rent $5,500 StellarMLS
Oct 11, 2022 Sold $615,000 MLS #T3370359
Sep 5, 2022 Price changed $679,000 MLS #T3370359
Aug 18, 2022 Price changed $695,000 MLS #T3370359
Jun 4, 2022 Price changed $699,000 MLS #T3370359
May 25, 2022 Price changed $739,000 MLS #T3370359
May 5, 2022 Listed $749,000 MLS #T3370359
Jul 30, 2021 Sold $380,000 MLS #U8128162
Jun 29, 2021 Listed $399,000 MLS #U8128162
Aug 28, 2019 Sold $285,000 MLS #U8047825
Aug 25, 2014 Sold $246,800 Public Record
May 7, 2012 Listing removed $239,900 StellarMLS
May 24, 2011 Listing removed $239,900 PinellasWestPasco
May 2, 2011 Price changed $239,900 MLS #7458037
Jul 27, 2010 Price changed $249,900 MLS #7458037
Apr 7, 2010 Listed $239,900 MLS #U7458037
May 16, 2003 Sold $232,000 Public Record
Apr 4, 2000 Sold $171,000 Public Record
Mar 29, 1999 Sold $163,000 Public Record
Aug 27, 1993 Sold $155,000 Public Record
Dec 6, 1990 Sold $112,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $454,834 $454,834 $7,956
2023 $489,367 $489,367 $8,523
2022 $369,197 $369,197 $6,477
2021 $274,836 $274,836 $5,059
2020 $249,934 $249,934 $4,666
2019 $255,354 $255,354 $4,811
2018 $244,638 $244,638 $4,648
2017 $234,092 $234,092 $4,456
2016 $219,675 $4,166
2015 $189,316 $3,797
2014 $220,072 $4,399
2013 $197,563 $4,026
2012 $160,354 $3,265
2011 $166,201 $3,337
2010 $244,272 $4,707
2009 $238,644 $4,617
2008 $272,300 $5,203
2007 $298,900 $5,562

Property facts

Year built
1983
Property type
condos
Stories
12
Beds
3
Baths
2
Living area
1,912 sqft
Lot size
ZIP code
33707
City
Gulfport
Street
Pelican Bay Plz
Coordinates
27.74432, -82.71777

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,537
Gross rental yield
6.90%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 5940 Pelican Bay Plz last sell?
5940 Pelican Bay Plz most recently sold on Oct 11, 2022 for $615,000.
What is the current tax assessment for 5940 Pelican Bay Plz?
The most recent total assessment for 5940 Pelican Bay Plz (year 2025) is $454,834 with $7,956 in property tax.
How does 5940 Pelican Bay Plz's assessment compare to its last sale price?
The current assessment is 26.0% below the last sale price of $615,000.
When was 5940 Pelican Bay Plz built?
5940 Pelican Bay Plz was built in 1983.
How does 5940 Pelican Bay Plz compare to others on Pelican Bay Plz?
We track 8 other properties on Pelican Bay Plz. Browse the list under "Other properties on Pelican Bay Plz" to compare beds, baths, and sale history.
What are the property facts for 5940 Pelican Bay Plz?
5940 Pelican Bay Plz is a 3 bed, 2 bath, 1,912 sqft condos.
Is 5940 Pelican Bay Plz a flip candidate?
Yes — 5940 Pelican Bay Plz appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5940 Pelican Bay Plz a tax-appeal candidate?
No — 5940 Pelican Bay Plz is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.4%
2026 Q3
$566K
2026 Q4
$566K
ZIP 33707 — Median Price History + Forecast

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