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128 Lee Street

Biloxi, MS 39530
  • $690,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 4154855
Price Reduced
UPDATED: 49 min ago
$690,000
  • 3
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 1,723
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

School District:

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

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Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams MS Gulf Coast. Data last updated: 2026-09-04T08:58:07.807.
www.southmsgulfcoasthomes.com/homes/178455352
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128 Lee Street Biloxi, MS 39530

  • Price: $690,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 49 min ago
  • MLS #: 4154855
3
Beds
2
Baths
2
½ Baths
0.23
Acres
1,723
SQFT
$400
$/SQFT
1987
Built
Neighborhood:
Metes And Bounds
County:
Harrison
Area:
Biloxi
School District:
Biloxi Public Dist
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
Exterior Features

Architectural Style Mediterranean/SpanishMid-Century Attached Garage YN No Carport Spaces 0 Construction Materials MasonryStuccoPlaster Covered Parking Spaces 4 Door Features [] Exterior Features Awning(s)LightingOutdoor GrillPrivate Yard Fencing PerimeterPrivacySecurityWood Foundation Details Slab Horse Amenities [] Lot Features LandscapedViews Other Structures Guest HousePergolaPool HouseStorageWorkshop Parking Features CarportElectric GateGarage Faces SideOff SiteConcretePaved Parking Total 8 Patio And Porch Features Awning(s)SlabWrap Around Pool Features EquipmentIn GroundOutdoor PoolPool SweepSalt Water Pool Private YN Yes Roof Architectural ShinglesAsphaltShingle Structure Type See Remarks Waterfront Features Beach AccessGulf AccessView Waterfront YN Yes Window Features []

Interior Features

Appliances DishwasherFree-Standing Refrigerator Basement [] Cooling Central AirENERGY STAR Qualified EquipmentHeat PumpWall/Window Unit(s)Gas Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring LaminateTile Heating ElectricNatural Gas Heating YN Yes Interior Features BarBookcasesBuilt-in FeaturesCathedral Ceiling(s)Ceiling Fan(s)Dry BarHigh Speed InternetIn-Law FloorplanKitchen IslandTrack LightingVaulted Ceiling(s)Breakfast Bar Laundry Features Inside Levels Two Rooms Total 0

Property Features

Accessibility Features YN No Association Fee Includes [] Community Features [] Disclosures None Flood Insurance Required Yes New Construction YN No Pets Allowed [] Property Sub Type Multi Family Security Features Carbon Monoxide Detector(s)Fire AlarmGated CommunitySecured Garage/ParkingSecurity Fence Sewer Public Sewer Tax Annual Amount 2253 Tax Year 2025 Utilities Electricity ConnectedSewer Connected Water Source Public Zoning Description Neighborhood Business

Listing information © 2026 MLS United.
Listing provided courtesy of Shane Kowalski of Saltwater Realty: 228-344-5553.



Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams MS Gulf Coast. Data last updated: 2026-09-04T08:58:07.807.
 
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