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: $1,100,000 List Date: 1/31/2024 Last Modified: 8/21/2026

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

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

Documents

Financials ›

Listing Office: Berkshire Hathaway HomeServices Preferred Properties

Listing Agent: Brian M Gossett

Last Updated: August - 21 - 2026

177 16th Street, Gulfport, MS 39507 (MLS# 4069434)