Some would say that living in the Gulfport-South Pasadena is living in the best of all possible worlds. The two cities are small, friendly, have accessible, hometown government and neither is a “tourist trap.” Gulfport, with its historic, waterfront village is said by many to be a throwback to the atmosphere of “Old Florida.” South Pasadena, on the other hand, is made up of a few, small single family neighborhoods, lots of mid and high rise condos, (some gated, some not), a regional hospital, many medical specialists and excellent shopping.
Gulfport has just over 12,000 residents with 6,246 households. According to 2009 estimates, the median household income is $40,932 with a per capita median income of about $35,482. Again, 2009 data indicates that the median house or condo value is $165,781. The mean sales price for houses and condos in 2009 was $328,931. These figures might be somewhat misleading due to the existence of Pasadena Yacht and Country Club, (PYCC), a gated community of about 700 homes with an income level considerably above regional and national averages. For example, several single-family homes are available in the $70,000 to $100,000 range with homes in Pasadena Yacht and Country Club having asking prices of from $1.5 million to $4.9 million. The median gross rent, (2009), is $876/ mo.
In South Pasadena there are about 4962 residents. 2009 estimates indicate that the average household income is $35,482 with a per capita median income of about $28,956. The median house or condo value is estimated to be $200,318.
The mean sales price for houses and condos in 2009 was about $231,012. These averages are more representative in South Pasadena than in Gulfport since there is a greater homogeneity of housing values in South Pasadena. The median gross rent, (2009), in So.
An unincorporated area of primarily single family homes lies between Gulfport and South Pasadena. Property type and values are similar to houses in South Pasadena, if not slightly higher in price.
South Pasadena can fairly be characterized as a retirement community containing all the necessary amenities to serve a retirement area. The average age of residents, according to the 2010 census is 68.5. It has become the local shopping area and medical services resource for a majority of Gulfport’s residents.
Gulfport’s average age is estimated by the 2010 census takers to be
50.9 years which indicates a combination of retirees and younger inhabitants. The city’s recent renaissance was fueled by an influx of area artists to the historic waterfront area with the result that the population is a much more diverse combination of free spirits, retirees and working families. It has been favorably labeled by many as “Mayberry RFD.”
If location is primary in valuing real estate, both Gulfport and South Pasadena can be considered prime properties. Only a few minutes separate South Pasadena from some of Florida’s best beaches. Gulfport Boulevard, a main thoroughfare shared by both communities serves as a direct link to I-275, less than 3 miles to the East. Downtown St. Petersburg is only 2.5 miles East of Gulfport’s eastern border. Most Gulfport residents can get to The Tampa Bay Rays’ Tropicana Field in under 10 minutes and downtown in under 15. The Pinellas Suncoast Transit Authority, (PSTA), provides regular daily bus service to downtown St. Petersburg.
Tampa International Airport is about 30 minutes away via I-275 making the two city’s readily accessible to most of the world.