7.8 acres in Harrison County, Mississippi

Community Business (CB) zoning allows for flexible development while supporting a high-density hospitality, short-term rental, or potential MFR. Proximity to established demand drivers, including a Walmart Supercenter, the Edgewater Mall, and surrounding attractions reinforce end-user demand. Renter-heavy market fundamentals, with approximately 54% of residents leasing, support sustained demand for new multifamily product in the area. Strategic positioning near Edgewater Beach provides strong visibility, accessibility, and long-term appeal within a high-traffic coastal corridor. Favorable site conditions described as high and dry within a flood zone reduce development complexity relative to competing coastal land. The City of Biloxi provides a weekly expedited review process for development applications, streamlining construction timelines for builders. Acquire approximately 7.8 acres of commercially zoned land in Biloxis casino corridor, offering rare water views of Mississippis Gulf Coast. Zoned Community Business (CB) within the City of Biloxi, zoning is approved for hospitality, short-term rental, and Assisted Living Facility (AFL) use, with conditional approval for multifamily development, positioning it as an attractive investment for developers seeking scale in a supply-constrained coastal market. All public utilities are available at the site, including public water and sewer, and the City of Biloxi offers a one-stop shop with a weekly on-demand expedited application review process to streamline development timelines. Steps from Edgewater Beach along US Highway 90, the property benefits from exceptional visibility and accessibility in a high-traffic corridor. The site sits immediately north of the Beau View Condominiums, a 113-unit high-rise, and behind a Walmart Supercenter, with direct adjacency to the Econo Lodge Biloxi Beach and Edgewater Mall, including a mix of national retailers, dining options, and service-oriented businesses. The surrounding infrastructure reinforces strong residential demand drivers and supports long-term leasing viability for a multifamily development. Strengthened by favorable site characteristics, the land lies within special flood zones AE and VE, while remaining high and dry, providing a practical and efficient path to development and reducing potential construction complexities relative to comparable coastal sites. From a market perspective, Biloxi serves as a key economic and population center along the Gulf Coast, anchored by tourism, gaming, and Keesler Air Force Base, a major regional employer. As one of the largest cities in Mississippi and a core component of the Gulfport-Biloxi metropolitan area, the city continues to benefit from steady economic activity and population growth. Within a 3-mile radius of the property, population is projected to grow by approximately 3.09% through 2030, further supporting the long-term residential development outlook. Local housing dynamics provide additional support for multifamily investment, with approximately 54% of area residents occupying rental housing, highlighting a sustained need for quality residential product. Overall, the property represents a compelling investment opportunity to secure a highly visible, development-ready site in a coastal market with strong fundamentals.