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
Active
Price cut: $60K (8/22)
$690,000
128 Lee St, Biloxi, MS 39530
3beds
1,723sqft
Residential, Multi Family
Built in 1987
-- sqft lot
$655,600 Zestimate®
$400/sqft
$-- HOA
What's special
Private entrancePrivate saltwater poolLush tropical landscapingPrivate off-street parkingMagnificent legacy live oakSpacious cabana
- 99 days
- 581
- 66
Zillow last checked:
Listing updated:
Listed by:
Shane C Kowalski 228-216-1517,
Saltwater Realty 228-344-5553
Source: MLS United,MLS#: 4154855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- Central Air, ENERGY STAR Qualified Equipment, Heat Pump, Wall/Window Unit(s), Gas
Appliances
- Included: Dishwasher, Free-Standing Refrigerator
- Laundry: Inside
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
- Flooring: Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,723
- Total interior livable area: 1,723 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Carport, Electric Gate, Garage Faces Side, Off Site, Concrete, Paved
- Garage spaces: 3
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Awning(s), Slab, Wrap Around
- Exterior features: Awning(s), Lighting, Outdoor Grill, Private Yard
- Has private pool: Yes
- Pool features: Equipment, In Ground, Outdoor Pool, Pool Sweep, Salt Water
- Fencing: Perimeter,Privacy,Security,Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, Gulf Access
Lot
- Size: 10,018 Square Feet
- Dimensions: 59' x 180' x 60' x 180'
- Features: Landscaped, Views
Details
- Additional structures: Guest House, Pergola, Pool House, Storage, Workshop
- Parcel number: 1410j04050.000
- Zoning description: Neighborhood Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Residential, Multi Family
Materials
- Masonry, Stucco, Plaster
- Foundation: Slab
- Roof: Architectural Shingles,Asphalt,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Secured Garage/Parking, Security Fence
- Subdivision: Metes And Bounds
HOA
- Has HOA: No
Location
- Region: Biloxi
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $134,388
- Annual tax amount: $2,253
- Date on market: 7/4/2026
- Electric utility on property: Yes
Estimated market value
$655,600
$623,000 - $688,000
$2,002/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Price change | $690,000-8%$400/sqft |
Source: MLS United #4154855 Report a problem | ||
| 7/4/2026 | Listed for sale | $750,000$435/sqft |
Source: MLS United #4154855 Report a problem | ||
| 4/27/2026 | Listing removed | $750,000$435/sqft |
Source: MLS United #4134438 Report a problem | ||
| 12/22/2025 | Listed for sale | $750,000$435/sqft |
Source: MLS United #4134438 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,253 +178.2% | $20,158 +36.1% |
| 2024 | $810 -62.4% | $14,812 -24.6% |
| 2023 | $2,155 | $19,634 |
| 2022 | $2,155 +0.2% | $19,634 -85% |
| 2021 | $2,151 +5.3% | $130,645 +5.4% |
| 2020 | $2,043 -0.4% | $123,933 +563.7% |
| 2019 | $2,052 | $18,674 |
| 2018 | $2,052 | $18,674 |
| 2017 | $2,052 | $18,674 +57.2% |
| 2015 | $2,052 +57.2% | $11,879 -15.3% |
| 2014 | $1,305 | $14,032 +18.1% |
| 2013 | -- | $11,879 +134.6% |
| 2010 | -- | $5,064 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Biloxi
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