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209 Iberville Dr, Biloxi, MS, 39531

$1,100,000

Home List Price

$10,000*

Closing Credit

19 Bedrooms
19 Full Baths
9,910 SqFt
$111/SqFt
Multi

Location

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209 Iberville Dr, Biloxi$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingLighted, Parking Lot, Unassigned
Year Built1972
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #4098975
Lot Size0.90 Acres
StatusActive

About 209 Iberville Dr

Welcome to an exceptional investment opportunity in Biloxi! This 19-unit apartment complex offers a blend of comfort and convenience, featuring all one-bedroom, one-bathroom units. Nestled in a prime location, this property is just a stone's throw away from the beautiful Biloxi Beach, providing residents with easy access to sun, sand, and sea.The complex is strategically positioned near Keesler Air Force Base, making it an attractive option for military personnel seeking nearby accommodations. Additionally, the property includes two extra units: a church and a Korean restaurant, adding diverse income streams and enhancing the community feel.Residents will appreciate the proximity to local amenities, including shopping centers, dining options, and entertainment venues. Nearby businesses such as Edgewater Mall and popular eateries like The Reef and Shaggy's Biloxi Beach offer a vibrant lifestyle for tenants.This property is a fantastic income-producing asset for investors looking to capitalize on Biloxi's thriving rental market. With its desirable location, diverse unit offerings, and potential for steady rental income, this apartment complex is a gem waiting to be discovered. Don't miss out on this unique opportunity to invest in a dynamic and growing area.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 9,910 SqFt

Listing Office:

  • Office Name: Epique
  • Office Phone: (888) 893-3537
  • Listing Agent: Justin Britt

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 19
  • Total Bedroom Count: 19

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: See Remarks

Parking Information:

  • Attached Garage: No
  • Parking: Lighted, Parking Lot, Unassigned

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.90 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $111/SqFt
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Housing Market Comparison

See how this home compares to others in Biloxi, MS.

Med. List Price

$266.5K

Med. Price/SqFt

$145

Avg. Days On Market

112

# of Sold Homes

50

209 Iberville Dr vs Biloxi

1 DAY ON ROCKET

-111 Days

$1,100,000

+$833.5K More

$111/SqFt

-$35 Less

KEY TAKEAWAY

This property is $833.5K more than the Median List Price and $35/SqFt less than other homes in Biloxi, MS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS United
  • MLS Number: #4098975

Listing Office:

  • Office Name: Epique
  • Office Phone: (888) 893-3537
  • Listing Agent: Justin Britt

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

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Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,776. Typical income of Biloxi, MS residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Biloxi, MS

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Biloxi, MS?

The housing landscape in Biloxi is diverse, with a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. Architectural styles vary, with a notable presence of coastal and traditional designs that reflect the city's history and geographical setting. The market is primarily composed of single-family homes, with a significant portion of residences constructed in the late 20th century. The homeownership rate in Biloxi is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

Is Biloxi, MS a good place to live?

Biloxi is celebrated for its rich cultural heritage and coastal charm. The community prides itself on its vibrant arts scene, historical landmarks, and the annual Mississippi Coast Coliseum Crawfish Music Festival, which showcases the region's musical talent and culinary delights. The city's character is further defined by its scenic beachfront and the warmth of its residents, creating a welcoming atmosphere for both visitors and locals alike.

Are things conveniently located in Biloxi, MS?

Biloxi offers a comprehensive array of services to its residents. The educational landscape includes several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is well-supported with local hospitals and clinics providing a range of services from primary care to specialized treatments. The city also boasts a public library system that serves as a resource for learning and community engagement. Retail and dining establishments are plentiful, with many reflecting the local seafood culture and Southern hospitality.

What does the transportation in Biloxi, MS look like?

Transportation in Biloxi is facilitated by a network of roads and highways, including the nearby Interstate 10, which provides efficient travel and commuting options. Public transit services are available, offering routes that connect key areas of the city. The community's walkability varies by neighborhood, with the downtown area being particularly pedestrian-friendly. Bike paths and lanes are also present, encouraging alternative modes of transportation. While specific ride-sharing services are operational in Biloxi, their availability may differ throughout the city.

Rocket HomesMississippiHarrison CountyBiloxi39531209 Iberville Dr

This home is located at 209 Iberville Dr in Biloxi, MS and zip code 39531. This 9,910 square foot home, which was built in 1972, sits on a 0.90 acre lot. Features: 19 bedrooms, 19 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,100,000.

The number of homes for sale in Biloxi, MS increased by 1.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $266,500, while the average time on the real estate market was 112 days.

From Rocket Homes Real Estate and based on county public records data.

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