1515 Government Street, Ocean Springs, MS 39564

Local realty services provided by:Better Homes and Gardens Real Estate Traditions
1515 Government Street,Ocean Springs, MS 39564
$399,000
  • 2 Beds
  • 1 Baths
  • 632 sq. ft.
  • Condominium
  • Active
Listed by: kristin smith, allen a stanfield
Office: rain residential
MLS#:4143326
Source:MS_UNITED

Price summary

  • Price:$399,000
  • Price per sq. ft.:$631.33
  • Monthly HOA dues:$580

About this home

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...

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Home facts

  • Year built:2025
  • Listing ID #:4143326
  • Added:3 day(s) ago
  • Updated:March 26, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Luxury Vinyl
  • Kitchen Description:Kitchen Island
  • Living area:632 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:632 sq. ft.
  • Lot Features:Landscaped
  • Architectural Style:French Acadian
  • Construction Materials:Brick
  • Exterior Features:Balcony, Landscaping Lights
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Ocean Springs
  • Elementary school:Oak Park

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$631.33
  • Tax amount:$6,500 (2027)

Features and amenities

  • Laundry features:Laundry Closet
  • Amenities:Blinds, High Ceilings, Recessed Lighting, Stone Counters

Parking

  • Total parking spaces:1
  • Parking description:Assigned, Golf Cart Garage
  • Garage:Yes
  • Garage spaces:1