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    6532 St. Martin Ln Biloxi, MS 39532

    For Sale
    $469,000

    Unique Coastal Landmark, Investment Potential

    Property size:
    870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 870-square-foot property in Biloxi, Mississippi, presents a rare opportunity to own a distinctive coastal landmark. Situated on a 0.24-acre lot at 6532 St. Martin Lane, this special-purpose property offers a unique blend of residential charm and lucrative investment potential. The lighthouse features one primary bedroom and one and a half bathrooms, providing comfortable living space. The expansive outdoor area offers serene waterfront vistas and ample space for relaxation. Its prime location near Biloxi Beach, Margaritaville Hotel & Resort Biloxi, parks, bars, casinos, resorts, shopping, and restaurants provides unparalleled convenience and access to a vibrant lifestyle. The property's proximity to key attractions makes it ideally suited for personal use or as a high-demand rental property. This is an exceptional opportunity for those seeking a unique coastal residence or a distinctive investment in a thriving Mississippi Gulf Coast location. The asking price is $469,000. The property is zoned for commercial use and offers a unique opportunity for a variety of uses. The property's location in Jackson County, Mississippi, zip code 39532, provides easy access to major transportation routes and amenities.

    Property Features for 6532 St. Martin Ln

    General Information

    Property type
    Land
    Square Feet
    870 SF
    Lot Size
    10,454 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Biloxi
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.8799028
    Latitude
    30.4377654

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    FAQs

    What type of property is this?
    Land - Unique Coastal Landmark, Investment Potential
    Where is this land located?
    The property is located at 6532 St. Martin Ln Biloxi, MS.
    What is the asking price?
    The asking price for this property is $469,000.
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    6532 St. Martin Ln Biloxi, MS 39532
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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
    6532 St. Martin Ln Biloxi, MS 39532
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