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$699,900 (USD)
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Gulfport Area Multi-Family Home

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5420 28th Street Gulfport, MS 39501

24 Bed
12 Baths
8700 sqft
MLS# 4150839
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PRICE IMPROVEMENT — $35,100 REDUCTION. Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport — one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use portfolio spans two adjacent parcels (5400 5420 28th St) and includes twelve 2-bedroom/1-bath apartments plus one 1-bedroom studio. The twelve apartments, in three residential buildings, are 100% leased and generate $8,490/month ($101,880/year). At the reduced price that is $53,838 per unit and a 6.87x gross rent multiplier. THREE COMPONENTS AT NO ASSIGNED VALUE. All current income comes from the twelve apartments. A buyer additionally receives a vacant 600 SF commercial space, a non-operating on-site laundry facility, and a vacant studio apartment behind them that needs renovation. Each is a near-term income project requiring capital and effort only — no rezoning, no entitlement, no repositioning risk. THE RENT GAP IS REAL AND IT'S CLOSING. Three units have been repriced on renewal this summer, all onto terms running into 2027 — 5420 D from $525 to $695 through 9/1/2027, 5430 D from $695 to $725 through 9/1/2027, and 5440 A from $695 to $725 through 8/13/2027. Five of the twelve apartments now carry $725, up from three at the start of the summer. In-place rents average $708 against a Gulfport market of $850-$1,100+ for comparable 2-bedroom units, so meaningful upside remains — captured through ordinary turnover, with no displacement and no capital. Renovate and lease the studio, bring the commercial space online, restore the laundry, and continue market-rate turnover, and stabilized gross potential approaches $13,100/month. DOCUMENTED OPERATING PICTURE. Property taxes on both parcels total $6,456/year. Insurance runs $13,125/year on the owner's existing policy. Water and sewer on the master meter run approximately $862/month per current City of Gulfport billing; dumpster service is also owner-paid. Two years of QuickBooks profit-and-loss statements, a unit-by-unit rent roll, executed leases, tax records, and utility billing are assembled and available to qualified buyers on request. Built 1979, 8,700 SF on 0.62 acres in Kennelworth Park. Zoned commercial/multifamily. Seller is motivated and has demonstrated it with a real price reduction. The file is clean — this property completed a full round of buyer due diligence earlier this summer and returned to market on a financing failure, not an inspection issue. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Do not disturb tenants — showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.
Listing Courtesy of MLS UNITED / Listed By: Philip LeBlanc, Coldwell Banker Alfonso Realty, Inc.
$690,000 (USD)
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Gulfport Area Land

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15465 Landon Road Gulfport, MS 39503

Bed
0 Baths
sqft
MLS# 4136278
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PRICE REDUCTION!! HIGHLY MOTIVATED SELLER!! MAKE AN OFFER!! This prime commercial parcel presents an outstanding opportunity for investors and businesses seeking a strategic, high-traffic location. The property is intentionally priced below appraised value resulting in immediate equity at acquisition. Situated just off Highway 49 and in close proximity to I-10, the property offers exceptional visibility, strong accessibility, and immediate exposure to one of the area's most active commercial corridors. Located directly across from well-established national retailers and restaurants, including Sam's Club, Newk's Eatery, Mugshots Grill & Bar, Buffalo Wild Wings, Rooms To Go, and Texas Roadhouse, the site benefits from consistent daily traffic and a built-in customer base. The surrounding retail and dining destinations create a dynamic commercial environment that supports a wide range of development possibilities. With a motivated seller and a location that supports both new development and business expansion, this property is well-positioned for retail, service, or mixed-use concepts. If you are looking to establish a new presence or expand an existing operation in a thriving area, this highly visible parcel offers the location and momentum to support long-term success. Financing options available
Listing Courtesy of MLS UNITED / Listed By: Anne Warren, Coldwell Banker Alfonso Realty, Inc.
$649,000 (USD)
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Long Beach Area Single Family Home

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402 S Nicholson Avenue Long Beach, MS 39560

3 Bed
2 Baths
1610 sqft
MLS# 4155652
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Built in 2023, this stunning light pink coastal cottage offers the perfect blend of modern comfort and beachside charm just one block from the Gulf. Located in the golf cart district of Long Beach and elevated on pilings in an AE flood zone, this beautifully designed 3-bedroom, 2-bath home features 1,610 square feet of thoughtfully crafted living space with soaring 10-foot ceilings, 8-foot doors, and a vaulted living room that creates a bright, open feel. The spacious living room and primary bedroom each feature an electric fireplace, while French doors provide direct exterior access from both the living room and the primary suite. The beautifully appointed kitchen is a standout, featuring floor-to-ceiling cabinetry with pre-lit upper cabinets that create a warm, inviting ambiance. Elegant quartzite countertops extend throughout both the kitchen and bathrooms, offering exceptional beauty and durability. The home is also equipped with a tankless gas water heater and is prewired for a future elevator or cargo lift for added convenience. Step outside to enjoy the expansive 12-foot balcony accented by a charming gas lantern, or rinse off after a day at the beach in the outdoor shower. The fully enclosed ground level offers a two-car garage, two gated access points, and a dry, covered staircase leading to the main living area. A magnificent live oak tree graces the front yard, adding timeless character, natural shade, and exceptional curb appeal. Every detail of this beautifully constructed coastal retreat has been thoughtfully designed and maintained to maximize comfort, functionality, and the relaxed Gulf Coast lifestyle.
Listing Courtesy of MLS UNITED / Listed By: Carl LaRosa, Coldwell Banker Alfonso Realty, Inc.
$644,000 (USD)
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Bay Saint Louis Area Single Family Home

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802 Old Spanish Trail Bay Saint Louis, MS 39520

4 Bed
3 Baths
2740 sqft
MLS# 4140851
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Modern farmhouse elegance meets Gulf Coast living.

Step into one of Shieldsboro Square's most thoughtfully designed homes -- a stunning custom modern farmhouse where every detail has been carefully considered. Soaring 10-foot ceilings, walls of natural light, and rich red brick accents set the tone the moment you walk in. Luxury vinyl flooring flows through the open-concept layout, making the space feel as expansive as it looks.

The kitchen is the heart of this home, and it shows. Granite countertops, custom cabinetry, a gas cooktop with pot filler, and a dedicated coffee bar make it as functional as it is beautiful -- topped off with stainless appliances and storage that never runs out.

The split bedroom plan offers privacy where it counts. The generous primary suite features a spa-style walk-in shower, dual vanity, and a custom closet designed to impress. Three additional bedrooms, 2.5 baths, a large upstairs bonus room, and a spacious laundry room with a transom window round out a floor plan that truly works for real life.

Outside, the covered kitchen -- complete with a gas grill, sink, fireplace, and TV hookup -- is made for evenings with friends. A fully fenced yard gives kids and pets room to roam, while front and rear driveway access adds everyday ease.

Life in Shieldsboro Square comes with its own perks -- a community pool and clubhouse, all maintained and protected by an HOA that keeps the neighborhood looking its best

And the practical perks are just as compelling: X Flood Zone designation, a metal roof, and high elevation keep insurance costs refreshingly low. All this, just a golf cart ride from Old Town, the Depot District, and the beaches of Bay St. Louis.
Listing Courtesy of MLS UNITED / Listed By: Matthew "Matt" Stieffel, Coldwell Banker Alfonso Realty, Inc.
$625,000 (USD)
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Diamondhead Area Single Family Home

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11440 Haleiwa Place Diamondhead, MS 39525

4 Bed
4 Baths
2312 sqft
MLS# 4161428
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Welcome to this beautifully designed, custom-built waterfront home offering 2947 square feet with three spacious bedrooms, two-and-a-half bathrooms, abundant storage, beautiful hardwood flooring updated features and a peaceful setting on three private, high-and-dry lots with direct access to the river. The second floor showcases charming architectural details, including exposed beams along the vaulted ceilings. Two generously sized bedrooms each feature their own private balcony, along with a full bathroom and a spacious den/game room conveniently positioned between the bedrooms perfect for relaxing or entertaining. The inviting kitchen overlooks a serene, private setting, creating the perfect atmosphere to enjoy your morning coffee or unwind at the end of the day. A spacious walk-out bonus room with dry-bar cabinetry and dedicated outdoor access provides a flexible additional living space. Currently used as a media/den area, this versatile room could easily function as a home office, guest space, or potential in-law suite. Built in 2011, the detached double garage features 683 square feet a spacious studio apartment with 634 square feet above with a private balcony overlooking the surrounding natural landscape. This versatile space offers a peaceful and private retreat, ideal for an in-law suite, guest accommodations, or private quarters. Outdoor living is equally impressive, with a private courtyard and double decks offering plenty of space for entertaining, dining, and enjoying the tranquil surroundings. Step outside and make your way to the private dock, where you can launch your boat and spend the day enjoying the river and surrounding natural beauty. This unique waterfront property offers an exceptional combination of privacy, character, and versatile living space, complemented by the peace of mind provided by a whole-house generator and the convenience of direct river access. Schedule your private showing today and experience all this exceptional home has to offer!
Listing Courtesy of MLS UNITED / Listed By: Lynn Grego, Coldwell Banker Alfonso Realty, Inc.
$615,000 (USD)
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Long Beach Area Single Family Home

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106 Winters Lane Long Beach, MS 39560

3 Bed
4 Baths
1697 sqft
MLS# 4138116
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Spectacular Long Beach Coastal Home. This newly built custom home has 1,674 SqFt of open living space, including 3 bdrm, 3.5 bath. Located just steps from the white sandy beaches of the Gulf Coast and a golf cart ride away from many downtown eateries and shops. The open floorplan is well-equipped with designer kitchen featuring quartz counter tops, modern stainless appliances, custom lower cabinets, open upper cabinets, pantry, designer tile backsplash, and island seating for (5). The primary bedroom is private, located on the first floor of the home and features an accent feature wall, quiet sitting area, large en suite and walk-in closet. Custom barn door feature leads you into a private oasis like bath filled with natural lighting, custom tile and dual quartz vanities, walk-in shower. A half bath, separate laundry completes the first floor. Second floor features two additional bedrooms, each with their own en suite bathroom. Enjoy the ocean breezes on the outdoor wrap around porch with access from the master suite and living area. Spacious and sleek area under the home provides abundant covered parking and great location to entertain large groups. Enjoy low maintenance with durable composite decking on front entrance stairways, Hardi siding, metal roof, corrugated metal ceilings under home, and under house lighting. This Long Beach beauty is ready for you!
Listing Courtesy of MLS UNITED / Listed By: Carl LaRosa, Coldwell Banker Alfonso Realty, Inc.