Remodeled Duplex with Two
For Sale
$227,500
20017 Sunshine Dr, Long Beach, MS 39560
Two separate residences provide a flexible configuration near shopping, dining, schools, parks, and Mississippi Gulf Coast beaches.
Property Size2,000 SF
Price / SF$113.75
Days on Market55
Property Features for 20017 Sunshine Dr
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1991
Buildings
1
Listing Agency:
Century 21 Busch Realty Group
Listed By:
John Gomez
(228) 697-5479
Source:
Coasthomesms
Added: Aug 22
Changed: Oct 13
Last Checked: Oct 14 at 11:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Busch Realty Group
Investment Insights
Based on property information with market context.
Located at 20017 Sunshine Drive in Long Beach, this duplex contains two distinct living units within approximately 2,000 square feet. The property includes six bedrooms and two bathrooms overall, with layouts designed around separate residential living areas. Recent remodeling has updated the property while retaining its two-unit configuration.
Built in 1991, the duplex is positioned near shopping, dining, schools, parks, and the Mississippi Gulf Coast beaches. The separate-unit arrangement supports a range of residential ownership and occupancy strategies without combining the living spaces into a single home.
Built in 1991, the duplex is positioned near shopping, dining, schools, parks, and the Mississippi Gulf Coast beaches. The separate-unit arrangement supports a range of residential ownership and occupancy strategies without combining the living spaces into a single home.
Key Highlights
- Two‑unit duplex configuration
- Approximately 2,000 square feet total
- Six bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,587
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,740
$251.7K
Cap Rate 7%
$179,814
$179.8K
Cap Rate 9%
$139,856
$139.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$19.4K $9.72/SF
− Vacancy
−$1.5K −$0.73/SF
EGI
$18.0K $8.99/SF
− OpEx
−$5.4K −$2.70/SF
NOI
$12.6K $6.29/SF
Area
Harrison County, MS
Vacancy
7.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,740
Cap Rate 7%
$179,814
Cap Rate 9%
$139,856
Alternative Uses
Best Use
Multifamily LT 5
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$159.8K
$139.8K – $186.4K
NOI $11,185 @ 7.0% cap · market cap 4.92%
Theoretical Best
Healthcare Medical
$322.2K
$281.9K – $375.9K
NOI $22,554 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 39560, MS
18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide a flexible configuration near shopping, dining, schools, parks, and Mississippi Gulf Coast beaches.
Where is this duplex located?
The property is located at 20017 Sunshine Dr Long Beach, MS.
What is the asking price?
The asking price for this property is $227,500.
What are key features of this property?
This property features: Two‑unit duplex configuration; Approximately 2,000 square feet total; Six bedrooms and two bathrooms
