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
Overview
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.
Listing Details MLS# 4069434
General Property Information
- # of Units Included in Sale
- 11
- Approx Lot Size Acres
- 1.97
- Approx H/C SqFt
- 10262
- SqFt Source
- Assessor
- List Price/SqFt
- 116.94
- Year Built
- 1997
- Year Built Source
- Assessor
- Total Floors
- Yes
- Bedrooms Total
- 20
- Bathrooms Full
- 13
- Bathrooms Half
- 3
- Furnished
- No
- Accessibility Features
- No
- New Construction
- No
- Property Condition
- Updated/Remodeled
- Bathrooms Three Quarter
- 0
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
Address and Location Information
- Street Number
- 177
- Street Name
- 16th
- Street Suffix
- Street
- County
- Harrison
- State
- MS
- Zip Code
- 39507
- Parcel Number
- 0911b-02-046.000
- Subdivision
- Metes And Bounds
- 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
Listing Information
- Listing Service
- Full Service
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
Status Change Info
- Contract Date/Pending Date
- 2024-02-08
- Closing Date
- 2024-04-02
- Sold Price/SqFt
- 107.19
More Information
Workshop Features
- Workshop
- No
Waterfront Features
- Waterfront
- No
Showing Requirements
- Showing
- Appointment Required
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.
Structure Type
- Multi Family
- Yes
Income & Expenses
- Annual Net Income
- 109200
Architectural Style
- Traditional
- Yes
Lot Features
- City Lot
- Yes
- Cul-De-Sac
- Yes
- Level
- Yes
- Near Beach
- Yes
Additional Type Details
- Apartment Complex
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- VA Loan
- Yes
Utilities
- Electricity Connected
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick Veneer
- Yes
- Cement Siding
- Yes
Roof
- Asphalt Shingle
- Yes
Exterior Features
- None
- Yes
Parking Features
- On Site
- Yes
- Parking Lot
- Yes
- Paved
- Yes
Community Features
- Near Entertainment
- Yes
- Shopping Nearby
- Yes
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.