400 N Beach Blvd Waveland, MS 39576
Owen & Co. Real Estate is pleased to offer this Multifamily Development Opportunity in Bay Saint Louis, MS Prime 2.6-acre lot with 216 feet of sandy beach frontage, perfectly situated in the heart of "Old Town" Bay Saint Louis. This high-elevation corner lot fronts the Bay and is within walking distance to downtown shops, restaurants, and the beach. Zoned S1 on the southern part and R1 on the northern part, this property offers immense potential for various developments, including an apartment complex, senior housing, assisted living, or a retirement home. Don't miss this rare chance to invest in a versatile and scenic property in a thriving community. Call Broker for additional information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.