Investment opportunity just a 4-minute walk to the beach in Long Beach! This 3-bedroom, 1-bath home offers 1,161 square feet and is ready for someone with vision to bring it back to life. While the property needs renovations, its prime coastal location and strong comparable sales create an outstanding opportunity for investors, flippers, or buyers looking to create a vacation rental or personal beach retreat. With the right updates and coastal-inspired finishes, this home has the potential to become a charming beach getaway with excellent income-producing and resale potential. Property is being sold AS-IS.
Active
Price cut: $3K (8/17)
$149,900
131 Ocean Wave Ave, Long Beach, MS 39560
3beds
1,161sqft
Residential, Single Family Residence
Built in 1957
6,969 Square Feet Lot
$-- Zestimate®
$129/sqft
$-- HOA
What's special
Prime coastal location
- 21 days |
- 640 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Michael E Palmero 228-669-3845,
1401 Realty Group 228-217-4200
Source: MLS United,MLS#: 4158106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: See Remarks
Features
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,161
- Total interior livable area: 1,161 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: See Remarks
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 0711n05029.000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Community
- Subdivision: Cottages By The Sea
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $49,734
- Annual tax amount: $1,167
- Date on market: 8/4/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $149,900-2%$129/sqft |
Source: MLS United #4158106 Report a problem | ||
| 8/12/2026 | Price change | $152,900-3.8%$132/sqft |
Source: MLS United #4158106 Report a problem | ||
| 8/4/2026 | Listed for sale | $159,000$137/sqft |
Source: MLS United #4158106 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,167 +5% | $7,460 +4.1% |
| 2024 | $1,111 | $7,168 |
| 2023 | $1,111 +3.1% | $7,168 |
| 2022 | $1,078 -4.7% | $7,168 -85% |
| 2021 | $1,131 +13.3% | $47,788 +13.4% |
| 2020 | $998 | $42,158 +566.6% |
| 2019 | $998 | $6,324 |
| 2018 | $998 +9.5% | $6,324 |
| 2017 | $911 | $6,324 -4.7% |
| 2015 | $911 -4.7% | $6,636 +127.2% |
| 2014 | $956 +112% | $2,921 -32.8% |
| 2013 | $451 | $4,344 |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 39560
Nearby schools
GreatSchools rating
- 7/10Harper Mc Caughan Elementary SchoolGrades: 4-6Distance: 2.2 mi
- 9/10Long Beach Middle SchoolGrades: 7-8Distance: 1.3 mi
- 9/10Long Beach Senior High SchoolGrades: 9-12Distance: 1.1 mi
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