Joni Sullivan
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128 Lee Street, Biloxi, MS 39530

$750,000
  • 128 Lee Street, Biloxi, MS 39530 Main Photo

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New to the Market Active
BEDS3 BATHS2 full 2 partial SQUARE FEET1,723 MLS#4154855
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMetes And Bounds

Property Description

Rare opportunity to own a unique micro-resort compound just minutes from downtown, the harbor, casinos, restaurants, and entertainment. This exceptional property features two rental ready units with immediate income potential and significant upside. Unit A is a beautifully appointed 2-bedroom, 2-bath pool house overlooking a private saltwater pool, spacious cabana, lush tropical landscaping, and a magnificent legacy Live Oak. With private off-street parking, this unit is turnkey and ready for short-term rental or personal use. Unit B offers a 1-bedroom, 1-bath apartment with a private entrance and balcony and has an established history of successful short-term rental income. Unit C is approximately 1,000 square feet, fully gutted and ready for renovation, providing an outstanding value-add opportunity. The space has the potential to accommodate 6-8 guests, creating an additional income-producing unit. Whether you're looking to expand your investment portfolio, operate a boutique vacation rental, or create a private family retreat, this one-of-a-kind compound offers immediate cash flow, future expansion potential, and an unbeatable location. Highlights: "¢ Walkable to beaches, downtown, the harbor, casinos, dining, and entertainment "¢ Private saltwater pool and expansive cabana "¢ Mature tropical landscaping anchored by a stunning Live Oak "¢ Unit A ready for immediate STR operation "¢ Unit B ready for immediate STR operation with proven rental history "¢ Unit C offers exceptional value-add potential "¢ Private entrances and excellent flexibility for owner-occupants or investors

128 Lee Street | MLS# 4154855

This multi-family property located at 128 Lee Street, Biloxi, MS 39530 is currently listed for sale with an asking price of $750,000. Search Biloxi real estate on jonisullivan.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Garage: 3
Lot Size: 0.23 Acres
Roof Type: Architectural Shingles, Asphalt, Shingle
Stories: 2.0
Taxes: $2,253
Year Built: 1987

Feature Descriptions

Days on Site: 1
Flooring: Laminate, Tile
Lot: Landscaped, Views
Lot Dimensions: 59' x 180' x 60' x 180'
Parcel#: 1410j-04-050.000
Patio/Porch: Awning(s), Slab, Wrap Around
Security: Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Secured Garage/Parking, Security Fence
Sewer: Public Sewer
Swimming Pool: Yes
Water: Public
Water Features: Beach Access, Gulf Access, View

Listed By / Shown By

Listed By

Agency Name: Saltwater Realty

Shown By

Agent Name: Joni Sullivan
Agent Phone: (601) 331-7668
Agency Title: Crye-Leike Real Estate Services

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Source: MLS United MLS

Estimate Your Payment

Estimated Payment

$ 2,075.67 per month $1,669.17 Principal & Interest $187.75 Property Tax $218.75 Homeowner's Insurance

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