128 Lee Street, Biloxi, MS 39530

$690,000
3
BD
4
BA
1,723
SqFt

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List Price
$690,000
Price Change
▼ $60,000 1787427614
MLS#
4154855
Bedrooms
3
Bathrooms
4
Sq. Ft
1,723
Lot Size
10,018
Acres
0.23

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

Additional Information

Roof
Architectural Shingles, Asphalt, Shingle
Water
Public
Sewer
Public Sewer

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Listing courtesy of Saltwater Realty.

Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.