Property profile

10026 Fiesta St Bay St. Louis, MS 39520

OFF-MARKET
Specialty properties
Property ID
US50-1524824
0.28 ac lot Built 2019
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Property summary

AI-generated overview

This exceptional 2019-built special purpose property, located at 10026 Fiesta Street in Bay St. Louis, Mississippi, 39520, presents a rare investment opportunity. Situated on a 0.28-acre lot, this property boasts three fully furnished, one-bedroom cabins, complete with all appliances. The design is perfect for multi-family living, single-family use, or corporate retreats. Enjoy ample parking with a circular driveway, and the potential for future elevator installation. Outdoor entertaining areas provide ample space for gatherings. The property features a metal gable roof and new AC mini-split systems for climate control. Convenient access to the Jourdan River and the Gulf of Mexico adds to its appeal. Annual flood insurance costs are $1300. The asking price for this unique property is $600,000. This is a truly exceptional opportunity to own a waterfront retreat with significant potential. The property's location offers a tranquil bayou setting while maintaining convenient access to the Gulf of Mexico. The existing cabins are ready for immediate use, minimizing upfront investment and maximizing rental income potential. The ample parking and outdoor space make it ideal for large gatherings or corporate events.

Property profile

Verified
Property type Specialty properties
Year built 2019
Lot 0.28 ac (12,197 SF)
UPID US50-1524824

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10026 Fiesta St Bay St. Louis, MS 39520
Bay St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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