128 Lee Street Biloxi, MS $ 750,000
128 Lee Street
$ 750,000
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128 Lee Street

Biloxi, MS, 39530
$ 750,000
Bedrooms3 Baths2.2 Sq 1,723

Monthly Estimate*

$ 4,736

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Multi-Family Home for sale in Biloxi, MS

for $750,000 with 3 bedrooms and 2 full baths, 2 half baths. This 1,723 square foot home was built in 1987 on a lot size of 0.23.

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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Multi-Family Active

Price

$ 750,000

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 2,253

Style

Mediterranean/Spanish Mid-Century

Lot Size

0.23

Year Built

1987

Town/City

Biloxi

County/Region

Harrison

MLS | Web ID

4154855

Features
General
Property Subtype Multi Family
Tax Year 2025
County Harrison
Property Type Residential
Subdivision Name Metes And Bounds
Status Active
City Biloxi
Lot Size Units Acres
Lot Size Square Feet 10018.8
Standard Status Active
Heating Electric Natural Gas
Garage Spaces 3
Architectural Style Mediterranean/Spanish Mid-Century
Security Features Carbon Monoxide Detector(s) Fire Alarm Gated Community Secured Garage/Parking Security Fence
Construction Materials Masonry Stucco Plaster
Year Built 1987
New Construction false
Attached Garage false
Other Structures Guest House Pergola Pool House Storage Workshop
Total Rooms 0
Property Condition Updated/Remodeled
Sewer Public Sewer
Patio/Porch Features Awning(s) Slab Wrap Around
Virtual Tour https://www.propertypanorama.com/128-Lee-Street-Biloxi-MS-39530--4154855/unbranded
Structure Type See Remarks
Levels Two
Utilities Electricity Connected Sewer Connected
Cooling Central Air ENERGY STAR Qualified Equipment Heat Pump Wall/Window Unit(s) Gas
Waterfront Features Beach Access Gulf Access View
Pool Features Equipment In Ground Outdoor Pool Pool Sweep Salt Water
Roof Architectural Shingles Asphalt Shingle
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Interior
Total Baths 4
Interior Amenities Bar Bookcases Built-in Features Cathedral Ceiling(s) Ceiling Fan(s) Dry Bar High Speed Internet In-Law Floorplan Kitchen Island Track Lighting Vaulted Ceiling(s) Breakfast Bar
Flooring Laminate Tile
Heating Y/N true
Laundry Features Inside
Air Conditioning Y/N true
Fireplace Y/N false
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Exterior
Lot Size Area 0.23
Lot Size Acres 0.23
Parking Features Carport Electric Gate Garage Faces Side Off Site Concrete Paved
Lot Features Landscaped Views
Water Source Public
Building Area Total 1723
Lot Dimensions 59' x 180' x 60' x 180'
Waterfront Y/N true
Exterior Amenities Awning(s) Lighting Outdoor Grill Private Yard
Fencing Perimeter Privacy Security Wood
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* Excluded Features
List By
Shane C Kowalski

Listing Agent

Saltwater Realty

Broker

s.kowalski10@gmail.com

Email

Affordability Calculator

$4,923
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$188
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/4/2026$750,000 Listed Price

Map


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128 Lee Street, Biloxi, MS, 39530 is a Multi-Family Home for sale at $750,000 with 1,723 sqft and a lot size of 0.23. 128 Lee Street has 3 bedrooms, 2.2 baths, and was built in 1987. The property's zip code is 39530 which is in Biloxi, MS