7051 Interstate 10 Bay St. Louis, MS 39525
Estimated payment $333,492/month
Highlights
- Water Access
- Property Fronts a Bay or Harbor
- No HOA
- East Hancock Elementary School Rated A
- 404.5 Acre Lot
- Many Trees
About This Lot
**Casino Development Site in Diamondhead, MS**
Prime 404.5 +/-acre tract of vacant land located directly off (Exit 16) in Diamondhead, offering an unparalleled opportunity for casino development. Situated on the south side of Interstate 10, east of Yacht Club Drive, and north of the Jourdan River Coastal Preserve, strategically positioned between New Orleans and Biloxi with two miles of Interstate 10 frontage and exposure to over 18 million vehicles annually (51,000/day). This site is ideal for high-traffic commercial development.
The property consists of four contiguous parcels, zoned (C-2) for Interstate Commercial, Gaming, and Resort use. The Mississippi Gaming Commission has approved 50 acres of the site for the development of a 100,000 square-foot casino with a state-of-the-art sportsbook facility and a 300+ room full-service hotel. Additionally, the site boasts approximately 270 feet of direct water frontage along St. Louis Bay with public utilities available.
The preliminary design for the Diamondhead Casino Resort includes a minimum of 100,000 square foot gaming area, consisting of 1,250 slot machines, 40 table games, and a state- of-the-art sportsbook. The 50-acre development will feature a full-service 300+ room hotel offering various dining, entertainment, and shopping amenities. The remaining approximately 350 acres of land will drive additional revenues and development returns through non-gaming activities, non-gaming development.
This development site represents a significant investment opportunity in a high-growth area.
Property Details
Property Type
- Land
Est. Annual Taxes
- $59,814
Lot Details
- 404.5 Acre Lot
- Property Fronts a Bay or Harbor
- Many Trees
- Zoning described as C2
Additional Features
- Water Views
- City Lot
Listing and Financial Details
- Assessor Parcel Number 131m-1-11-030.000
Community Details
Overview
- No Home Owners Association
Recreation
- Water Access
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,347 | $10,800 | $10,800 | $0 |
| 2023 | $1,347 | $10,800 | $10,800 | $0 |
| 2022 | $1,347 | $10,800 | $10,800 | $0 |
| 2021 | $1,347 | $10,800 | $10,800 | $0 |
| 2020 | $1,383 | $10,800 | $10,800 | $0 |
| 2019 | $1,431 | $10,800 | $10,800 | $0 |
| 2018 | $1,431 | $10,800 | $10,800 | $0 |
| 2017 | $1,431 | $10,800 | $10,800 | $0 |
| 2016 | $1,405 | $10,800 | $10,800 | $0 |
| 2015 | $1,351 | $10,800 | $10,800 | $0 |
| 2014 | $1,331 | $10,800 | $10,800 | $0 |
| 2013 | $1,296 | $10,800 | $10,800 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2024 08/24/24 | For Sale | $60,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $50,000 | Construction | |
| Previous Owner | $40,000 | New Conventional | |
| Previous Owner | $25,000 | Construction | |
| Previous Owner | $25,000 | Construction | |
| Previous Owner | $31,250 | New Conventional | |
| Previous Owner | $658,750 | New Conventional |
Source: MLS United
MLS Number: 4089451
APN: 131M-1-11-030.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
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