NOT LISTED FOR SALE

1496 Beach Blvd Biloxi, MS 39530

Estimated Value: $709,000 - $1,946,000

-- Bed
2 Baths
9,800 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 30, 2019

Current estimated payment $9,384/month

221 Days on Market

Highlights

  • Beach Front
  • Private Pool
  • Property is near shops
  • Jeff Davis Elementary School Rated A
  • Wood Flooring
  • Central Air

About This Home

As of August 2019

This high-end beachfront complex is ready to provide a new owner with a regular income stream. The front units, built recently with sturdy, insulated concrete form (ICF) construction, include private covered parking and additional storage. The back units are firmly built on slab, with open, adjacent parking. Elevated porches outside each unit create scenic water views, plus all tenants and guests can enjoy refreshing pool time while looking out on the Gulf of Mexico.

Each unit features hardwood and tile flooring, which makes cleaning a breeze, while an open dining area and natural stone countertops add elegance and function to the kitchen. The complex has had just one owner since original construction in 1996, who currently lives on-site. Walkthrough video: https://vimeo.com/307291796 The corner property is part of Biloxi's A-rated school district, as well as conveniently close to downtown Biloxi's casinos, baseball stadium, and I-110, plus White House Hotel, Keesler AFB, Edgewater Mall, and all that nearby Gulfport has to offer. Adjacent properties could be purchased to expand the complex's footprint, if new owners prefer.

Last Listed By

Chris Spear

Coldwell Banker Alfonso Realty-Lorraine Rd Listed on: 10/22/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,042

Year Built

  • Built in 1996

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 78' x 304'
  • Beach Front
  • Property fronts gulf or ocean

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 9,800 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Covered Parking
  • Parking Lot

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Private Pool
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 1310l-02-041.000

Community Details

Overview

  • 7 Units
  • Metes And Bounds Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,042

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Lot Size: 78' x 304'
  • Prop. Type: Residential Income
  • Year Built: 1996
  • Lot Size Acres: 0.52
  • Co List Office Mls Id: mgc.ofc104
  • Co List Office Phone: 228-287-1000
  • Subdivision Name: Metes And Bounds
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • ResoLivingAreaSource: PublicRecords
  • Community Features:Pool2: Yes
  • Community Features:Shopping Nearby: Yes
  • Community Features:Room for Expansion: Yes
  • Community Features:Schools Nearby: Yes

Exterior Features

  • Foundation Details: Pilings/Steel/Wood, Slab
  • Waterfront Features: Beach Access, Beach Front, Gulf Front, View
  • WaterfrontFeaturesWaterfront: Yes
  • Pool Private: Yes
  • Waterfront: Yes
  • Construction Type: Stucco, Other, See Remarks
  • Waterfront Features:View: Yes
  • Waterfront Features:Beach Access: Yes
  • Waterfront Features:Beach Front: Yes
  • Waterfront Features:Gulf Front: Yes

Garage/Parking

  • Parking Features: Covered, Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Room for Expansion, Schools Nearby, Shopping Nearby

Lot Info

  • Parcel #: 1310l-02-041.000
  • Lot Size Sq Ft: 22651.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13042.0

Multi Family

  • Number Of Units Total: 7
  • Insurance Expense: 8000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Jds Enterprise Holdings Llc
Bought by
Jds Pelican I Llc
Total Days on Market
221
Current Estimated Value
$1,487,802

Purchase Details

Closed on
Nov 19, 2021
Sold by
Thompson Diane G
Bought by
Jds Pelican I Llc

Purchase Details

Listed on
Oct 22, 2018
Closed on
Aug 30, 2019
Sold by
Richmond Mark
Bought by
Jds Pelican I Llc
Seller's Agent
Chris Spear
Coldwell Banker Alfonso Realty-Lorraine Rd
Buyer's Agent
Chris Spear
Coldwell Banker Alfonso Realty-Lorraine Rd
List Price
$1,499,900
Sold Price
$1,200,000
Premium/Discount to List
-$299,900
-19.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jds Pelican I Llc -- --
Jds Pelican I Llc -- None Available
Jds Pelican I Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jds Pelican I Llc $800,000
Previous Owner Richmond Mark Homer $75,000
Previous Owner Richmond Mark $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold -- -- --
06/01/2019 06/01/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $1,499,900 -- $153 / Sq Ft
Source: MLS United

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,616 $122,921 $0 $0
2023 $13,418 $122,233 $0 $0
2022 $13,418 $122,233 $0 $0
2021 $13,404 $122,113 $0 $0
2020 $13,042 $118,683 $0 $0
2019 $13,042 $118,683 $0 $0
2018 $13,042 $118,683 $0 $0
2017 $13,042 $118,683 $0 $0
2015 $12,723 $115,775 $0 $0
2014 -- $133,036 $0 $0
2013 -- $115,775 $25,891 $89,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 3340169

MLS United

APN: 1310L-02-041.000