Property profile

538 Beach Dr Gulfport, MS 39507

FOR SALE
Land
Property ID
US50-0340808
0.32 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.32 ac (13,939 SF)
UPID US50-0340808

Cap rate & NOI

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

Location

538 Beach Dr Gulfport, MS 39507
Gulfport 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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More about this property
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