Three-Story Mixed-Use
For Sale
$1,900,000
713 Howard Avenue, Biloxi, MS 39530
Commercial Sale, Biloxi, MS
Property Size18,000 SF
Lot Size0.16 Acres
Price / SF$105.56
Days on Market222
Property Features for 713 Howard Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Downtown
Parking features
On Street
Window features
Aluminum Frames
Subdivision
Metes And Bounds
Lot features
Corner Lot, Level, City Lot, Near Beach, Corner Lot, Level, City Lot, Near Beach
Elementary school
Biloxi Upper
Middle school
Biloxi Jr High
High school
Biloxi
Standard status
Active
APN
1410k-03-055.000
Size
18,000 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 80 FT ON HOWARD AVE. BY 86 FT S BY BRADFORD E BY MAIN ST. N BY HOWARD AVE W BY MAVAR SEC BLK 102
Tax Annual Amount
4185
Legal Description
LOT 80 FT ON HOWARD AVE. BY 86 FT S BY BRADFORD E BY MAIN ST. N BY HOWARD AVE W BY MAVAR SEC BLK 102
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1911
Floors in Building
3
Flooring type
Vinyl
Roof type
Rubber
Listing Agency:
Landmark Properties-Wheeler & Assoc., Inc.
(228) 435-4255
Listed By:
Jim Wheeler · License #B14811
(228) 209-3765
Added: Mar 16
Changed: Oct 8
Last Checked: Oct 23 at 8:06PM
MLS# 4142624
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
The three-story mixed-use building at 713 Howard Avenue contains 18,000 square feet on a 0.16-acre site. Two units on the ground floor are leased; the owner occupies the second and third floors. The property was built in 1911 and has vinyl flooring, central heating and central air conditioning, and a rubber roof.
The building is in Biloxi’s historic downtown district. On-street parking is available, with public water and sewer service and cable available.
The building is in Biloxi’s historic downtown district. On-street parking is available, with public water and sewer service and cable available.
Key Highlights
- 18,000‑square‑foot, three‑story building on 0.16 acres
- Two leased units on the ground floor
- Owner occupies the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,575
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,551,500
$2.6M
Cap Rate 7%
$1,822,500
$1.8M
Cap Rate 9%
$1,417,500
$1.4M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$226.8K $12.60/SF
− Vacancy
−$22.7K −$1.26/SF
EGI
$204.1K $11.34/SF
− OpEx
−$76.5K −$4.25/SF
NOI
$127.6K $7.09/SF
Area
Harrison County, MS
Vacancy
10.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,551,500
Cap Rate 7%
$1,822,500
Cap Rate 9%
$1,417,500
Alternative Uses
Best Use
Mixed Use
$1.82M
$1.59M – $2.13M
NOI $127,575 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.90M
$2.54M – $3.38M
NOI $202,986 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
Demographics for 39530, MS
8,392
Population
4,533
Households
1.9
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
1,865
Density / Sq Mi
$39,755
Median Household Income
$26,222
Median Earnings
$821
Median Rent
$149,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor units are leased, with the second and third floors occupied by the owner.
Where is this mixed-use property located?
The property is located at 713 Howard Avenue Biloxi, MS.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 18,000‑square‑foot, three‑story building on 0.16 acres; Two leased units on the ground floor; Owner occupies the second and third floors
