538 Beach Dr, Gulfport, MS 39507
This exceptional 0.32-acre commercial lot in Gulfport, Mississippi, presents a unique investment opportunity. Located at 538 Beach Dr, this beachfront property boasts 73 feet of water frontage on the Gulf of Mexico and offers breathtaking views. Zoned T5 Urban Center, it allows for versatile commercial and mixed-use development, including restaurants, bars, retail spaces, offices, or even townhouses and apartments. The property's high-traffic location, coupled with its proximity to local amenities and major transportation routes (within 3+ miles of an airport and access to State and US highways), ensures high visibility and accessibility. Previously occupied by a professional office, the site is ready for immediate development. Utilities including cable, electricity, phone, sewer, and water are readily available. The property is part of the Gulfport School District, near Bayou View Elementary and Middle Schools, and Gulfport High School. While offering significant development potential, note that subdividing and mobile homes are not permitted. Public sewer and water services are available, and flood insurance is required. The annual property tax is $2,597. This "as-is" sale presents a rare chance to acquire a prime beachfront commercial lot with exceptional potential. The lot dimensions are approximately 73x209x70x189. APN is 0911a-02-112.000. The asking price is $380,000.
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.