Hempstead Annex 1
Homes for Sale in Gulfport, FL

Community in Gulfport · Pinellas County
600 homesBuilt 1920–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Hempstead Annex 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
62%
Owner-occupied · Hempstead Annex 1
375 of 606 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · Hempstead Annex 1
incl. 15% trust or LLC-held · 12% out-of-state
0%
Cash buyers · Hempstead Annex 1
0 of 3 sales, 12 mo ending June 2026
600
Homes in the community
plus 6 vacant residential lots · 606 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1920
Community established
homes built 1920-2024, median 1955 (FL DOR 2025)
1
Failed listings · 2026
peaked at 4 in 2019
0.3%/yr
Turnover rate
about 2 of 600 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition, not floor plan. With a median build year of 1955 and homes going back to 1920, you are buying into a stock that has been renovated at wildly different levels — a gutted-to-studs bungalow and a deferred-maintenance original sit on the same block, and the spread in what they trade for reflects that. The median living area of roughly 1,225 square feet tells you this is a small-footprint market; you pay for what has been done to the house, not for size.

Turnover is light — only a couple of closings in the recent window — so pricing signals are thin and every comp matters. For sellers, that means condition and presentation do most of the work; for buyers, it means you should underwrite the renovation you will inherit or the one you will have to do yourself. A homestead share near 62% points to a core of long-term owners, which tends to keep quality inventory scarce.

Best for

  • Buyers seeking a small-footprint older home who will pay for a completed renovation
  • Renovation-minded buyers with the budget and stomach to modernize an original or dated house
  • Long-hold owners who value an established Gulfport location over new construction

Probably not for

  • Buyers who need large square footage and open, contemporary floor plans
  • Buyers who want a fast, liquid market with abundant recent comparable sales
  • Buyers unwilling to budget for older-home systems, roof, and deferred maintenance

The market around Hempstead Annex 1

Hempstead Annex 1 is a small community — 16 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Pinellas County, 6,909 homes are active and 1,852 pending (21% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Hempstead Annex 1 specifically. Momentum Research analysis of MLS records.

If we were buying in Hempstead Annex 1 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Hempstead Annex 1.

Best Buy
Buyers who want a compact older home in Gulfport and are comfortable evaluating condition on their own terms.
Biggest Risk
Low turnover makes comps scarce and pricing harder to pin down.
Sweet Spot
A renovated mid-century house at the right size for a smaller footprint.
Avoid If
You need move-in-ready square footage and predictable, high-volume comps.

A condition-driven older market

The build range from 1920 to 2024 is the whole story: this is an established area that has absorbed a century of construction, including recent new builds slotted onto old lots. What that produces is a patchwork — original cottages, mid-century houses, and the occasional new-construction infill — where two sales rarely describe the same product. Anyone valuing a home here has to weigh systems, roof, and prior renovation far more than square footage.

With roughly 600 homes and only a handful of closings recently, this is a low-liquidity market. That cuts both ways: quiet demand can make well-prepared listings stand out, but it also means an off-market or dated home may sit until it is priced to its true condition. The high homestead share suggests owners who stay, which keeps the best-kept homes off the market for long stretches.

The location and the amenities are priced into every listing in Hempstead Annex 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin, condition-driven market like this, the value is in reading the individual house — what has been updated, what is deferred, and how the last comparable sale actually differs from the one in front of you. We price and negotiate off the physical realities of older Gulfport stock, not off a formula, and we will tell you plainly when a listing's asking price is not backed by its condition.

Hempstead Annex 1 in 15 seconds.

Best forBuyers who want a compact older home in Gulfport and are comfortable evaluating condition on their own terms.
Biggest advantageA century of housing stock means real variety, from original cottages to recent infill.
Biggest riskLow turnover makes comps scarce and pricing harder to pin down.
Sweet spotA renovated mid-century house at the right size for a smaller footprint.
Avoid ifYou need move-in-ready square footage and predictable, high-volume comps.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hempstead Annex 1 sales matched to your home.

What is your Hempstead Annex 1 home worth?

Get a no-obligation home value based on real comparable sales in Hempstead Annex 1, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Hempstead Annex 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Hempstead Annex 1?
The Florida DOR 2025 assessment roll shows 600 homes plus 6 vacant residential lots in Hempstead Annex 1 (public records).
What share of Hempstead Annex 1 is owner-occupied?
62% of Hempstead Annex 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Hempstead Annex 1 built?
Homes in Hempstead Annex 1 were built between 1920 and 2024, with a median year built of 1955.0 (FL DOR 2025 roll).
Do cash buyers compete in Hempstead Annex 1?
Cash buyers took 0% of Hempstead Annex 1 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Hempstead Annex 1?
The best agent for Hempstead Annex 1 is one who actively works Gulfport and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Hempstead Annex 1.
How do I find a top Gulfport real estate agent who knows Hempstead Annex 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Hempstead Annex 1 and the wider Gulfport area.
Can Momentum Realty connect me with an agent for Hempstead Annex 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Hempstead Annex 1 purchase or sale - no call center and no pressure.
Buyers seeking a small-footprint older home who will pay for a completed renovationExcellent fit
Renovation-minded buyers with the budget and stomach to modernize an original or dated houseExcellent fit
Long-hold owners who value an established Gulfport location over new constructionExcellent fit
Buyers who need large square footage and open, contemporary floor plansProbably not
Buyers who want a fast, liquid market with abundant recent comparable salesProbably not
Buyers unwilling to budget for older-home systems, roof, and deferred maintenanceProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33707))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (21 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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