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    625 16Th St Gulfport, MS 39507

    For Sale
    $925,000

    Beachfront Office, Gulf Views, High ROI

    Property size:
    7,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This stunning two-story office building in Gulfport, Mississippi, offers 7,616 square feet of prime commercial space, priced at $925,000 ($121.45/sq ft). Built in 2008, the property sits on a half-acre lot (APN: 0911A-02-054.000) just one block from the beach, boasting breathtaking Gulf views. The main building comprises 5,116 square feet, currently configured as a law office with multiple offices, two large conference rooms, and two break rooms. A separate, two-unit structure in the rear adds another 2,500 square feet (1,250 sq ft each). One rear unit is currently leased month-to-month

    Property Features for 625 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,616 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2008
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richard Kutner, MD Mental Health Clinic Koenenn Alfred R Attorney Newton Law Firm, ... Tax Attorney Perry, Murr, Teel ... Attorney Acadian Care Mental Health Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office 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
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.039216606174
    Latitude
    30.380556872517

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    FAQs

    What type of property is this?
    Office Property / Space - Beachfront Office, Gulf Views, High ROI
    Where is this office property / space located?
    The property is located at 625 16Th St Gulfport, MS.
    What is the asking price?
    The asking price for this property is $925,000.
    (228) 547-0707
    Request Owner's contact information
    625 16Th St Gulfport, MS 39507
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    Gulfport, MS 39507
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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
    625 16Th St Gulfport, MS 39507
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