177 16th Street, Gulfport, MS 39507 (MLS# 4069434)
177 16th Street, Gulfport, MS 39507
$1,100,000
Property Type:
Res Income Multi-Fam
Bedrooms:
20
Square Footage:
10,262
Lot Size (sq. ft.):
85,813
Status:
Closed
Current Price:
$1,200,000
List Date:
1/31/2024
Last Modified:
12/02/2025
Description
BEAUTIFUL BOUTIQUE APARTMENT COMPLEX nestled next door to Centennial Plaza and a short walk to the beach, restaurants, entertainment and all the Gulf Coast has to offer. This complex consists of 5 individual buildings containing a total of 11 units an sits on almost 2 acres. There is enough undeveloped land to easily add additional units. This is a rare opportunity to own a boutique complex that would easily lend itself to VRBO, Airbnb or midterm furnished rentals. There are a total of: (2) 3BR/2BA, (4) 2BR/1BA, (3) 2BR/1.5BA and (2) 1BR/1BA units. Currently all units are rented. This listing includes addresses 177, 185 & 199 16th Street.
More Information MLS# 4069434
Address and Location Information
Parcel Number: 0911b-02-046.000
Directions to Property: From Highway 90 Turn North on Arkansas Ave. Turn Left onto 16th St. Property will be on your Right
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 177
Street Name: 16th
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2024-01-31
List Price: $1,200,000
Current Price: $1,100,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 11
Approx Lot Size Acres: 1.97
SqFt Source: Assessor
List Price/SqFt: 116.94
Year Built Source: Assessor
Total Floors: 1
Bathrooms Half: 3
Bathrooms Three Quarter: 0
Furnished: No
Accessibility Features: No
Approx H/C SqFt: 10262
Year Built: 1997
Bedrooms Total: 20
Bathrooms Full: 13
Tax and Financial Information
Tax Annual Amount: 9042
Tax Year: 2022
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Yes
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: BEG 189.7 FT W OF INTER OF E MAR OF EXT OF ARKANSAS AVE & N MAR OF 16TH ST WLY ALONG 16 ST 95.6 FT N 300.6 FT TO S MAR OF RR ELY ALONG RR 94.5 FT S 300.7 FT TO POB PART OF SW1/4 OF NW1/4 OF SEC 1-8-11
BEG 94.8 FT W OF INTER OF E MAR OF EXT OF ARKANSAS AVE & N MAR OF 16TH ST WLY ALONG 16 ST 94.9 FT N 300.7 FT TO S MAR OF RR ELY ALONG RR 95 FT S 301 FT TO POB PART OF SW1/4 OF NW1/4 OF SEC 1-8-11
BEG 94.8 FT W OF INTER OF E MAR OF EXT OF ARKANSAS AVE & N MAR OF 16TH ST WLY ALONG 16 ST 94.9 FT N 300.7 FT TO S MAR OF RR ELY ALONG RR 95 FT S 301 FT TO POB PART OF SW1/4 OF NW1/4 OF SEC 1-8-11
Remarks & Miscellaneous
Public Remarks: BEAUTIFUL BOUTIQUE APARTMENT COMPLEX nestled next door to Centennial Plaza and a short walk to the beach, restaurants, entertainment and all the Gulf Coast has to offer. This complex consists of 5 individual buildings containing a total of 11 units an sits on almost 2 acres. There is enough undeveloped land to easily add additional units. This is a rare opportunity to own a boutique complex that would easily lend itself to VRBO, Airbnb or midterm furnished rentals. There are a total of: (2) 3BR/2BA, (4) 2BR/1BA, (3) 2BR/1.5BA and (2) 1BR/1BA units. Currently all units are rented. This listing includes addresses 177, 185 & 199 16th Street.
Status Change Info
Sold Price/SqFt: 107.19
Contract Date/Pending Date: 2024-02-08
Closing Date: 2024-04-02
Structure Type
Multi Family: 1
Income & Expenses
Annual Net Income: 109200
Architectural Style
Traditional: 1
Lot Features
City Lot: 1
Cul-De-Sac: 1
Level: 1
Near Beach: 1
Additional Type Details
Apartment Complex: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
VA Loan: 1
Workshop Features
Workshop: No
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Cement Siding: 1
Roof
Asphalt Shingle: 1
Exterior Features
None: 1
Parking Features
On Site: 1
Parking Lot: 1
Paved: 1
Community Features
Near Entertainment: 1
Shopping Nearby: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartment Complex
Architectural Style: Traditional
Lot Features: City Lot; Cul-De-Sac; Level; Near Beach
Levels: One
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional; VA Loan
Roof: Asphalt Shingle
Exterior Features: None
Parking Features: On Site; Parking Lot; Paved
Community Features: Near Entertainment; Shopping Nearby
Documents
Financials ›
Listing Office:
Berkshire Hathaway HomeServices Preferred Properties
Listing Agent:
Brian M Gossett
Last Updated: December - 02 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.