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Active
    • Price cut: $60K (8/22)
    $690,000

    128 Lee St, Biloxi, MS 39530

    3beds
    1,723sqft
    : 
    $4,336/mo
    Get pre-qualified
    Residential, Multi Family
    Built in 1987
    -- sqft lot
    $693,900 Zestimate®
    $400/sqft
    $-- HOA

    What's special

    Private entrancePrivate saltwater poolLush tropical landscapingPrivate off-street parkingMagnificent legacy live oakSpacious cabana
    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
    51 days
    |
    690
    |
    68
    |

    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
      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

        $693,900

        $659,000 - $729,000

        $2,919/mo

        Price history

        DateEventPrice
        8/22/2026Price change$690,000-8%$400/sqft
        Source: MLS United #4154855 Report a problem
        7/4/2026Listed for sale$750,000$435/sqft
        Source: MLS United #4154855 Report a problem
        4/27/2026Listing removed$750,000$435/sqft
        Source: MLS United #4134438 Report a problem
        12/22/2025Listed for sale$750,000$435/sqft
        Source: MLS United #4134438 Report a problem

        Public tax history

        YearProperty taxesTax 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: East Biloxi

        Getting around

        55 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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