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Front Beach Drive, Ocean Springs, MS 39564

$7,000,000
Property Type: Land Lot Size (sq. ft.): 258,746 Status: Active
Current Price: $7,000,000 List Date: 2/24/2024 Last Modified: 2/24/2024

Description

Welcome to an unparalleled opportunity to own a prestigious 5.94-acre commercial highway beachfront property in the heart of Ocean Springs. Boasting a spectacular location along the pristine shoreline, this expansive parcel offers endless possibilities for visionary investors and developers. Three parcels encompassing a total of +/- 5.94 acres including 1.5 acres on the beach with riparian rights to the east of Ocean Springs Yacht club. Premier Location: Situated along the bustling commercial highway and with direct access to the tranquil beach, this property is strategically located to capture the attention of both locals and tourists alike. Enjoy panoramic views of the Gulf of Mexico and capitalize on the high-traffic location that promises exceptional visibility. Luxurious Hotel Resort: Elevate the coastal experience by developing a world-class hotel resort on this expansive property. Capitalize on the beachfront setting to create a destination for relaxation and indulgence, attracting tourists and event planners seeking a picturesque venue. Retail and Entertainment Hub: Devote a section of the property to a vibrant retail and entertainment hub, featuring boutiques, restaurants, and entertainment venues. This approach enhances the property's appeal and transforms it into a bustling center of activity. Landscaped Green Spaces: Consider incorporating landscaped green spaces and recreational areas, creating a harmonious blend of development and natural beauty. This approach enhances the overall appeal of the property and provides residents and visitors with a serene environment. Investment Potential: With the growing demand for prime coastal properties, this investment promises lucrative returns. Take advantage of the increasing popularity of Ocean Springs and position your development as a cornerstone of the region's economic and leisure growth. Marina Development: Explore the option of developing a marina to cater to boating enthusiasts. With direct access to the Gulf, a marina facility would be an enticing addition, offering boat slips, water activities, and potential waterfront dining experiences. This 6-acre commercial highway beachfront property is a rare gem, offering a unique canvas for innovative and lucrative development. Seize the opportunity to shape a landmark destination that captures the essence of coastal living while unlocking the full potential of this remarkable location. The possibilities are as vast as the Gulf views that stretch before you!

More Information MLS# 4071490

Address and Location Information

Street Number Assigned?: No Street Name: Front Beach Street Suffix: Drive County: Jackson State: MS Zip Code: 39564 Nearest Cross Street: Porter Avenue Parcel Number: 6-02-25-110.000 Subdivision: Metes And Bounds N or S of I-10: S N or S of CSX Railroad Track: S

Listing Information

Status: Active List Date: 2024-02-24 List Price: $7,000,000 Current Price: $7,000,000 Property Sub Type: Unimproved Commercial Lot for Sale Listing Service: Full Service New Construction: No

Co-Op and Commission Information

Buyer Agency Compensation: 5000 Buyer Agency Comp Type: $

General Property Information

Approx Lot Size Acres: 5.94 Expandable Area: No List Price/Acre: 1178451.18 Divisible: No

Tax and Financial Information

Tax Annual Amount: 23066 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Zoning: Heavy Commercial Zone Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: BEG N/M FRONT BEACH DR & E/M HWY90 NELY ALG HWY 90 615' SLY 30' SELY 170' TO MARCO AVE SWLY ALG MARCO AVE TO BAY WLY ALG BAY 330M/L NELY TO N/M FRONT BEACH DR WLY ALG FRONT BEACH DR TO POB LESS ROW & PT SOLD DB 1696-286 (30 MAP797.25-01)

Remarks & Miscellaneous

Public Remarks: Welcome to an unparalleled opportunity to own a prestigious 5.94-acre commercial highway beachfront property in the heart of Ocean Springs. Boasting a spectacular location along the pristine shoreline, this expansive parcel offers endless possibilities for visionary investors and developers. Three parcels encompassing a total of +/- 5.94 acres including 1.5 acres on the beach with riparian rights to the east of Ocean Springs Yacht club. Premier Location: Situated along the bustling commercial highway and with direct access to the tranquil beach, this property is strategically located to capture the attention of both locals and tourists alike. Enjoy panoramic views of the Gulf of Mexico and capitalize on the high-traffic location that promises exceptional visibility. Luxurious Hotel Resort: Elevate the coastal experience by developing a world-class hotel resort on this expansive property. Capitalize on the beachfront setting to create a destination for relaxation and indulgence, attracting tourists and event planners seeking a picturesque venue. Retail and Entertainment Hub: Devote a section of the property to a vibrant retail and entertainment hub, featuring boutiques, restaurants, and entertainment venues. This approach enhances the property's appeal and transforms it into a bustling center of activity. Landscaped Green Spaces: Consider incorporating landscaped green spaces and recreational areas, creating a harmonious blend of development and natural beauty. This approach enhances the overall appeal of the property and provides residents and visitors with a serene environment. Investment Potential: With the growing demand for prime coastal properties, this investment promises lucrative returns. Take advantage of the increasing popularity of Ocean Springs and position your development as a cornerstone of the region's economic and leisure growth. Marina Development: Explore the option of developing a marina to cater to boating enthusiasts. With direct access to the Gulf, a marina facility would be an enticing addition, offering boat slips, water activities, and potential waterfront dining experiences. This 6-acre commercial highway beachfront property is a rare gem, offering a unique canvas for innovative and lucrative development. Seize the opportunity to shape a landmark destination that captures the essence of coastal living while unlocking the full potential of this remarkable location. The possibilities are as vast as the Gulf views that stretch before you!

Land Details

Acres Wooded: 444 Water Frontage: 340

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes Waterfront: 1

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required Appointment Phone: 2282199292 Lockbox Location: Other

Property Features

Current Use: Commercial; Investment; Unimproved; Vacant Possible Use: Commercial; Development; Multi-Family; Residential; See Remarks Location: Commercial Retail; Downtown/Urban; Resorts; Other Lot Features: Views; Other Covenants And Restrictions: None Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Connected; Water Available; Underground Utilities Sewer: Public Sewer Water Source: Public Listing Terms: See Remarks Waterfront Features: Beach Front; Gulf Access; Ocean Access; Riparian Rights
Listing Office: Real Broker, LLC.
Listing Agent: Brad Jay
Last Updated: February - 24 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.