1302 Magnolia St, Gulfport, MS 39507 For Sale

Offered vacant to allow a buyer full control over lease up strategy, tenant mix, and income optimization across residential STR/MTR and NNN commercial. Seller paid cost segregation study, enabling accelerated bonus depreciation.

Buyer’s Agent Welcome.

Handsboro Pointe Tower II presents a rare opportunity to acquire an entire waterfront, mixed-use asset designed for STR, MTR, hybrid rental strategies, or boutique hotel operation along the Mississippi Gulf Coast. Tower I sold out and operating, demand, execution, and market fit are already proven.

Located on the protected waters of Bernard Bayou, the project delivers a quieter, lifestyle-driven waterfront setting while remaining minutes from beaches, casinos, downtown, and major regional attractions without the congestion or oversupply risk of traditional tourist corridors. The property sits at the center of the Mississippi Gulf Coast, providing efficient connectivity across Biloxi, Gulfport, Ocean Springs, and Pass Christian. The asset is situated in the core of a $4B+ approved regional infrastructure and development cycle, materially supporting long-term asset appreciation and demand growth.

The asset is approximately one hour from New Orleans and Mobile, two hours from the Florida Panhandle, and strategically located to capture demand flowing throughout the entire MS Gulf Coast without dependence on seasonal tourism congestion.