Pending

$105,000

534 N Forest Dr, Gulfport, MS 39507

3beds

1,045sqft

$709/mo

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Residential, Single Family Residence

Built in 1981

9,583 Square Feet Lot

$-- Zestimate^®

$100/sqft

$-- HOA

What's special

Spacious corner lotLarge corner lot

Cash-Flowing Investment on a Large Corner Lot! Situated on a spacious corner lot just off Cowan Lorraine Road, this property puts you minutes from shopping, dining, entertainment, and boating — with the white sand beaches and salty Gulf breezes just a short drive away, all outside the flood zone. The 3-bedroom, 1-bath brick home is currently tenant-occupied at $1,200/month on a lease through May 2027, giving you immediate cash flow with taxes of just $1,274/year. A storage shed/workshop adds extra utility for tools, toys, or hobby space. Buy now as a turnkey rental, then step into your own personal home on the coast when the lease ends. Please allow 24 hours' notice for all showings out of respect for the current tenant.

51 days
236
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Natural Gas

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Electric Range
Laundry: Electric Dryer Hookup, Inside, Washer Hookup

Features

Ceiling Fan(s)
Flooring: See Remarks
Doors: Dead Bolt Lock(s)
Windows: Aluminum Frames
Has fireplace: No

Interior area

Total structure area: 1,045
Total interior livable area: 1,045 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway, On Street, Concrete
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Patio
Exterior features: None
Fencing: None

Lot

Size: 9,583 Square Feet
Dimensions: 54' x 50' x 126' x 3' x 46' x 125'
Features: City Lot, Corner Lot, Few Trees, Near Beach

Details

Additional structures: Shed(s), Storage
Parcel number: 1010l03036.000
Zoning description: Single Family Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence

Materials

Brick Veneer, Siding
Foundation: Slab
Roof: Shingle,Asphalt

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Sherwood Estates

HOA

Has HOA: No

Location

Region: Gulfport

Financial & listing details

Price per square foot: $100/sqft
Tax assessed value: $66,662
Annual tax amount: $1,319
Date on market: 7/16/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/2/2026	Pending sale	$105,000$100/sqft
Source: MLS United #4156090 Report a problem
7/16/2026	Listed for sale	$105,000-11.8%$100/sqft
Source: MLS United #4156090 Report a problem
10/5/2025	Listing removed	$119,000$114/sqft
Source: MLS United #4094109 Report a problem
9/18/2025	Listed for sale	$119,000$114/sqft
Source: MLS United #4094109 Report a problem
9/5/2025	Pending sale	$119,000$114/sqft
Source: MLS United #4094109 Report a problem
7/21/2025	Price change	$119,000-14.4%$114/sqft
Source: MLS United #4094109 Report a problem
4/5/2025	Listed for sale	$139,000$133/sqft
Source: MLS United #4094109 Report a problem
3/19/2025	Listing removed	$139,000$133/sqft
Source: MLS United #4094109 Report a problem
10/15/2024	Listed for sale	$139,000$133/sqft
Source: MLS United #4094109 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,319 +6.2%	$9,999 +6.2%
2024	$1,242 -2.5%	$9,415 0%
2023	$1,274	$9,419
2022	$1,274	$9,419 -85%
2021	$1,274 +7.2%	$62,792 +7.2%
2020	$1,189	$58,587 +566.7%
2019	$1,189	$8,788
2018	$1,189	$8,788
2017	$1,189	$8,788 -5.3%
2015	$1,189 -5.3%	$9,284 -11%
2014	$1,256	$10,434 +12.4%
2013	--	$9,284
2003	--	--
2002	--	--
2001	--	--
2000	--	--