128 Lee Street, Biloxi, MS 39530
Local realty services provided by:Better Homes and Gardens Real Estate Traditions
Listed by: shane c kowalski
Office: saltwater realty
MLS#:4154855
Source:MS_UNITED
Price summary
- Price:$690,000
- Price per sq. ft.:$400.46
About this home
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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Home facts
- Year built:1987
- Subdivision & Development:Metes And Bounds
- Listing ID #:4154855
- Added:81 day(s) ago
- Updated:September 24, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Flooring:Laminate, Tile
- Kitchen Description:Kitchen Island
- Living area:1,723 sq. ft.
Heating and cooling
- Cooling:Central Air, ENERGY STAR Qualified Equipment, Gas, Heat Pump, Wall/Window Unit(s)
- Heating:Electric, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:1,723 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Landscaped, Views
- Architectural Style:Mediterranean/Spanish, Mid-Century
- Construction Materials:Masonry, Plaster, Stucco
- Exterior Features:Awning(s), Lighting, Outdoor Grill, Private Yard
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$400.46
- Tax amount:$2,253 (2025)
Features and amenities
- Laundry features:Inside
- Amenities:Bar, Bookcases, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, High Speed Internet, In-Law Floorplan, Track Lighting, Vaulted Ceiling(s)
- Pool features:Equipment, In Ground, Outdoor Pool, Pool Sweep, Salt Water
Parking
- Total parking spaces:8
- Parking description:Carport, Concrete, Electric Gate, Garage Faces Side, Off Site, Paved
- Garage:Yes
- Garage spaces:3
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