1515 Government Street Ocean Springs, MS $ 399,000
1515 Government Street
$ 399,000
Recently Listed New Construction
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1515 Government Street

Ocean Springs, MS, 39564
$ 399,000
Bedrooms2 Baths1.0 Sq 632

Monthly Estimate*

$ 2,457

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View a Virtual Tour

Condo for sale in Ocean Springs, MS

for $399,000 with 2 bedrooms and 1 full bath. This 632 square foot condo was built in 2025.

Exceptionally rare opportunity to own a condotel in the heart of downtown Ocean Springs. Located at OS1515 Lofts, this professionally managed 2BR/1BA residence is purpose-built for short-term rental income, second-home flexibility, and effortless ownership. This turnkey investment property offers a fully integrated condotel with on-site professional management, making it ideal for out-of-town owners seeking passive income with minimal oversight. Use it as your private coastal retreat, then seamlessly generate revenue when you're away. Positioned above Government Street, the unit features a private balcony with views and access to a shared courtyard balcony overlooking weekly events and live music and events.Features include: Two assigned parking spaces + dedicated golf cart parking, Elevator access for guest convenience, Walkable high-demand rental location, On-site amenities including CRAVE Food Hall, boutique retail, spa, and pilates studio and Desi Vega's Steakhouse! Just one mile from Front Beach, this property sits in one of the Gulf Coast's most desirable short-term rental corridors. Whether you're looking for an investment or securing a low-maintenance second home with upside this is what you've been waiting for!

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Condo Active

Price

$ 399,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 6,500

Style

French Acadian

Year Built

2025

Town/City

Ocean Springs

County/Region

Jackson

MLS | Web ID

4143326

Features
General
Property Subtype Condominium
Tax Year 2027
County Jackson
Property Type Residential
HOA true
Subdivision Name OS 1515
Status Active
City Ocean Springs
Standard Status Active
Heating Central Electric
Garage Spaces 1
Architectural Style French Acadian
Security Features Fire Alarm Fire Sprinkler System Key Card Entry
Construction Materials Brick
Year Built 2025
New Construction true
Attached Garage false
Total Rooms 0
High School Ocean Springs
Elementary School Oak Park
Property Condition Move In Ready
Sewer Public Sewer
HOA Fee 580.35
Assoc Fee Paid Per Monthly
Patio/Porch Features Brick
Community Features Near Entertainment Restaurant Sidewalks See Remarks
Virtual Tour https://www.propertypanorama.com/1515-Government-Street-Ocean-Springs-MS-39564--4143326/unbranded
Structure Type Midrise 3-6 Floors
Association Fee Includes Insurance Maintenance Grounds Pest Control Security Other
Levels One
Utilities Electricity Connected Sewer Connected Water Connected
Cooling Ceiling Fan(s) Central Air Electric
Roof Other
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Interior
Total Baths 1
Interior Amenities High Ceilings Kitchen Island Recessed Lighting Stone Counters
Flooring Luxury Vinyl
Heating Y/N true
Laundry Features Laundry Closet
Window Features Blinds Metal Roll Out
Air Conditioning Y/N true
Fireplace Y/N false
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Exterior
Lot Size Acres 0
Parking Features Assigned Golf Cart Garage
Lot Features Landscaped
Water Source Public
Building Area Total 632
Exterior Amenities Balcony Landscaping Lights
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* Excluded Features
List By
Kristin Smith

Listing Agent

Rain Residential

Broker

kristin@raindev.com

Email

Affordability Calculator

$2,998
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4782224 Elementary School
4365646 Middle School
Ocean Springs High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$399,000 Listed Price

Map


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1515 Government Street, Ocean Springs, MS, 39564 is a Condo for sale at $399,000 with 632 sqft. 1515 Government Street has 2 bedrooms, 1.0 baths, and was built in 2025. The property's zip code is 39564 which is in Ocean Springs, MS