- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$690,000
Monthly Est:$3,434
3 Beds
- 4 Baths
2 full baths + 2 half baths
1,723sqft
128 Lee St, Biloxi, MS 39530
$690,000
$3,434/moEst:
Get Pre-Approved
Multi Family
Built in 1987
$-- HOA
0.23 acre lot
$400/sq.ft
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
- Houzeo last checked: 2 hours ago
- Listing updated: August 22, 2026 at 2:36 pm
- Listing Provided by: Shane C Kowalski (228) 216-1517 DRE #B24780 | Veterans Realty (228) 864-3444
- Source: MLS United-MS | MLS#: 4154855

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1987
HOA Fees
-
Finished Area
1,723 sqft
Lot Size
0.23 acre lot
Basement Area
- sqft
MLS Name
MLS United
MLS Number
4154855
MLS Status
Active
Days on Market
97

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Flooring
Laminate, Tile
Sewer
Public Sewer
Exterior Features
Awning(s), Lighting, Outdoor Grill, Private Yard
Cooling
Central Air, Energy Star Qualified Equipment, Heat Pump, Wall/window Unit(s), Gas
Interior Features
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
Appliances
Dishwasher, Free Standing Refrigerator
Heating
Electric, Natural Gas
Construction
Year Built
Year Built: 1987
Home type
Multi Family
Property Condition
Updated/remodeled
Architectural Style
Mediterranean/spanish, Mid Century
Construction Materials
Masonry, Stucco, Plaster
Roof
Architectural Shingles, Asphalt, Shingle
Foundation Details
Slab
Utilities & Energy
Water Source
Public
Security Features
Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Secured Garage/parking, Security Fence
Parking Features
Carport, Electric Gate, Garage Faces Side, Off Site, Concrete, Paved
Utilities
Electricity Connected, Sewer Connected
Laundry Features
Inside
Pool Features
Equipment, In Ground, Outdoor Pool, Pool Sweep, Salt Water
Other Features
Disclosures
None
Subdivision Name
Metes And Bounds
Patio And Porch Features
Awning(s), Slab, Wrap Around
Lot Features
Landscaped, Views
Price History
| Date | Event | Price |
|---|---|---|
07/04/2026 Source: | Price Decreased | $690,000 -8.00% $400/sqft |
12/22/2025 Source: | Off Market | $750,000 $435/sqft |
12/22/2025 Source: | Listed for Sale | $750,000 $435/sqft |
Find Homes by Property Features in Biloxi, MS
Based on information from MLS United, LLC. through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 MLS United, LLC. All Rights Reserved.
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