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782 Water Street, Biloxi, MS 39530
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$1,375,000
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Home Details for 782 Water Street
Price
$1,375,000
Type
Multi Family
Bedrooms
8
Total Bathrooms
7
Full Bathrooms
6
Half Bathrooms
1
Year Build
1846
Sq. Ft.
3400
Lot Size
0.26
County
Harrison
Tax
$3,123
MLS®️ Listing#
4096974
On exitrealty.com
296 days
Property Description
Introducing Scherer House (Spanish House), a luxury income-producing multi-unit property offering turnkey Airbnb opportunities in the heart of Downtown Biloxi's sought-after Golf Cart District. Originally constructed in the 1700's, this historical gem has been meticulously renovated from top to bottom, blending timeless charm with modern luxury. Key Features - LUXURY MULTI-UNIT PROPERTY: Fully furnished, each unit boasts modern interiors with quartz countertops, high-end appliances, and stackable washers/dryers. MODERNIZED INFRASTRUCTURE: Updated to 2021 commercial fire and building codes, new certificate of occupancy, including new electrical, HVAC systems, roofing, flooring, and sound suppression systems in walls and floors. STATE-OF-THE-ART SECURITY: Equipped with a 360 degree HD camera system and digital locks for tenant safety and peace of mind. ARCHITECTURAL HIGHLIGHTS: Features include iron staircase, four fireplaces, code-compliant windows, and thoughtful restoration of historic details. PRIME LOCATION: Situated within walking distance of Iconic Gulf Coast restaurants like Mary Mahoney's, nightlife and entertainment at Hard Rock Casino and Beau Rivage, MGM Park for professional baseball and concerts, pristine beaches and the vibrant Ground Zero Nightclub. INVESTMENT POTENTIAL: TURNKEY INCOME: Seamless tenant flow with proven Airbnb success. EXPANSION OPPORTUNITIES: Potential to add additional units on the rear of the property for increased financial incentives. CORPORATE RENTAL POTENTIAL: Ideal for conversion to long-term corporate rentals. A UNIQUE OPPORTUNITY. With its unbeatable combination of historical significance, luxury amenities, and development potential, 782 Water Street represents an unparalleled investment opportunity. Whether you're expanding your portfolio, seeking a high-return 1031 exchange, or envisioning a corporate rental hub, the possibilities are endless. Schedule your tour today to explore this one-of-a-kind property and secure your place in Biloxi's thriving market.
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- House Interior
- Ceiling Fan(s)
- Crown Molding
- Eat-in Kitchen
- High Speed Internet
- Open Floorplan
- Stone Counters
- Utilities
- Natural Gas Available
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Cooling Information
- Ceiling Fan(s)
- Central Air
- Electric
- Wall Unit(s)
- Heating Information
- Central
- Electric
- Natural Gas
- Parking
- Concrete
- Parking Lot
- Fire Place
- Decorative
- Living Room
- Waterfront and Water Access
- See Remarks
- Water Features
- Public
Listing Courtesy: Blaine & Co., LLC - 228-861-5830. Presented by: Matthew A Blaine
IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
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$1,375,000
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