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519 16th St, Gulfport, 39507 1.6 Acres of Residential Land Offered at $450,000 in Gulfport, MS 39507

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INVESTMENT HIGHLIGHTS

Prime Location: Only one block from the beach, providing easy access to coastal amenities and leisure activities.
Generous Size: 1.6 acres of land offers flexibility for creative development plans and ample space for expansion.
Scenic Views: Enjoy picturesque Gulf views, adding value and beauty to the property's surroundings.

Development Potential: Ideal for 0-Lot lane homes, townhomes, or multifamily residences, catering to diverse housing needs.
Desirable Zoning: T4 and T4+ zoning ensures favorable regulations for residential development, maintaining harmony with the neighborhood.
Convenient Access: Extends from 16th Street to South Railroad Street, with easy access via Palmetto Street for residents and visitors.

EXECUTIVE SUMMARY

This 1.6 acre property with T4 and T4+ zoning is situated just a block away from the beach, showcasing an ideal setting for the development of 0-Lot lane homes, townhomes, or multifamily residences. Enhanced by picturesque Gulf views and the presence of grand Oak trees, the lot extends from 16th Street to South Railroad Street, with access provided via Palmetto Street.

519 16th St - Info Booklet - Branded

PROPERTY FACTS

Price	$450,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Multifamily
No. Lots	1	Total Lot Size	1.60 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T4L & T4+ - T4L (T4 “Limited”) General Urban Zone Limited T4+ (T4 “Plus”) General Urban Zone Plus

Price	$450,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Multifamily
Total Lot Size	1.60 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T4L & T4+ - T4L (T4 “Limited”) General Urban Zone Limited T4+ (T4 “Plus”) General Urban Zone Plus

1 LOT AVAILABLE

Lot 1

Price	$450,000	Lot Size	1.60 AC
Price Per AC	$281,250.00

Price	$450,000
Price Per AC	$281,250.00
Lot Size	1.60 AC

1 block from the beach. Cleared. Fenced. Few Trees.

DESCRIPTION

One block away from the beach this 1.6 acres property, zoned T4 and T4+ is perfect for 0-Lot lane homes, townhomes or multifamily development. Property features beautiful views of the Gulf and large Oak trees. Lot fronts 16th Street, stretches to South Railroad Street and has access from Palmetto Street. ***Survey available upon request*** Call Broker for additional information.

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(228) 760-2815

CONTACT

Sherry Owen
Owen & Co. Real Estate

Listing ID: 28442287
Date on Market: 5/9/2023
Last Updated:
Address: 519 16th St, Gulfport, 39507, Gulfport, MS 39507

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