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CB-Zoned Land | Waterview Casino Corridor 2668 Beach Blvd 7.8 Acres of Commercial Land Online Auction Sale Biloxi, MS 39531
Investment Highlights
- 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.
Executive Summary
Acquire approximately 7.8 acres of commercially zoned land in Biloxi’s casino corridor, offering rare water views of Mississippi’s 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 to 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.
Property tours are by appointment only. Please contact the listing broker to schedule.
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.
Property tours are by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Broker Offering Memoradum
- Operating and Financial Statements
- Purchase Agreement
Property Facts
| Property Type | Land | Total Lot Size | 7.80 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | CB - Commercial Business, City of Biloxi | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 7.80 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | CB - Commercial Business, City of Biloxi |
1 Lot Available
Lot
| Lot Size | 7.80 AC | Parcel Number | 1110M-01-004.000 |
| Lot Size | 7.80 AC |
| Parcel Number | 1110M-01-004.000 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Sale Advisors
Sale Advisors
Tim Carlson,
Principal
Tim Carlson co-founded Southeast Commercial in 2009, with over 15 years’ experience in real estate sales and leasing. He has represented local and regional investors in the identification, acquisition and disposition of investments encompassing most disciplines of commercial real estate. Just prior to forming Southeast Commercial, Tim worked as an Associate Broker with Stirling Properties, Inc., in their Mississippi Gulf Coast office. He consistently ranked in the top 10 commercial agents’ company-wide, as well as the top five commercial agents within the Mississippi Gulf Coast Association of Realtors. Tim is an active member of St. Thomas the Apostle Catholic Church, and he resides in Long Beach with his wife and two children.
Monte Luffey, Principal
Monte Luffey co-founded Southeast Commercial in 2009. Since 1993, he has been active in commercial and residential development along the Mississippi Gulf Coast. While at Southeast Commercial, Monte has served as managing member and lead developer in a wide range of projects, including residential subdivisions, office buildings, retail developments, apartments, self-storage units and a limited service hotel. He was in charge of development, leasing and management for these properties.
Tom Duffy,
Senior Vice President
Tom Duffy is a Senior Vice President with Summit Commercial Real Estate specializing in (urban) Investment Sales ($10 million).
Tom brings a diverse background in investment property sales, leasing and development over a 19 year career.
A native Washingtonian, Tom has expertise in local markets, emerging neighborhoods, and unique properties. His focus on market knowledge, property details, financial aspects and navigating a transaction from initial valuation through a successful closing has led to a distinguished client list and repeat business.
Professional affiliations/Accreditation
DC Building Industry Association
International Council of Shopping Centers
National Building Museum
Penn Quarter Neighborhood Association
Rebuilding Together/Christmas in April
DC Thrive
Education
Bachelor of Civil Engineering, Catholic University of America
Tom brings a diverse background in investment property sales, leasing and development over a 19 year career.
A native Washingtonian, Tom has expertise in local markets, emerging neighborhoods, and unique properties. His focus on market knowledge, property details, financial aspects and navigating a transaction from initial valuation through a successful closing has led to a distinguished client list and repeat business.
Professional affiliations/Accreditation
DC Building Industry Association
International Council of Shopping Centers
National Building Museum
Penn Quarter Neighborhood Association
Rebuilding Together/Christmas in April
DC Thrive
Education
Bachelor of Civil Engineering, Catholic University of America
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Marlo Lashley
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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CB-Zoned Land | Waterview Casino Corridor | 2668 Beach Blvd
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