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    782 Water St Biloxi, MS 39530

    For Sale
    $1,225,000

    MULTI_FAMILY - Biloxi, MS

    Property size:
    3,400 SF
    Lot size:
    0.26 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 782 Water St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 1
    Bedrooms
    8
    Bathrooms
    6
    APN
    1410k-03-106.000
    Size
    3,400 SF
    Lot size
    0.26 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1846
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Tile, Vinyl
    Roof type
    Shingle

    Blaine & Co., LLC (228) 861-5830 [email protected]

    Listing agent Matthew A Blaine (228) 861-5830 License #B20768

    Listing date Nov 12, 2025

    MLS# 4131359 Listing URL

    Copyright © 2025 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Multi-Unit Property in Biloxi

    Scherer House, also known as Spanish House, is a luxury income-producing multi-unit property with turnkey Airbnb opportunities, located in the Golf Cart District of Downtown Biloxi. This historical property, originally constructed in the 1700s, has been renovated, blending historical charm with modern luxury. Each fully furnished unit features modern interiors with quartz countertops, high-end appliances, and stackable washers/dryers. The property has been updated to 2021 commercial fire and building codes, with a new certificate of occupancy, including new electrical, HVAC systems, roofing, flooring, and sound suppression systems in walls and floors. It is equipped with a 360-degree HD camera system and digital locks. Architectural features include an iron staircase, four fireplaces, and code-compliant windows. The property is located within walking distance of restaurants, nightlife and entertainment at Hard Rock Casino and Beau Rivage, MGM Park, beaches, and Ground Zero Nightclub. There is potential to add additional units on the rear of the property. The property is suited for conversion to long-term corporate rentals. The lot size is 0.26 acres and the property size is 3400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coastal Roots Salon Hair Salon Cologne & Cotton Boutique Women'S Clothing Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.888366
    Latitude
    30.394953

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    FAQs

    What type of property is this?
    Short term rental property - Income-producing multi-unit property with Airbnb potential in downtown Biloxi.
    Where is this short term rental property located?
    The property is located at 782 Water St Biloxi, MS.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing multi-unit property with proven Airbnb success in Downtown Biloxi's Golf Cart District.; - Meticulously renovated historic property (Scherer House, originally built in the 1700s) blending timeless charm with modern luxury.; - Prime location within walking distance of Gulf Coast restaurants, casinos (Hard Rock, Beau Rivage), MGM Park, beaches, and nightlife.
    (228) 861-5830
    Request Owner's contact information
    782 Water St Biloxi, MS 39530
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    Biloxi, MS 39530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    782 Water St Biloxi, MS 39530
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