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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

160 5TH ST Biloxi MS 39530-4647

[Locked] • APN 1510E-02-003.000

Details
Property Type Hospitality
Sub Type Casino
Building SqFt 114,068
Lot SqFt 437,925
Acreage ******
Zoning Code WF
Year Built 2012
Building Count 4
Opportunity Zone Yes
Tax Year ******
Tax Assessed Value ******
Days on Market ******
Owner Name MIC LIMITED
Owner Mailing Address (Full Address) ******
APN 1510E-02-003.000
USPS Vacancy Indicator N

Property History

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Property Type
Property Type
Special Purpose
Marketing Description
Southeast Commercial is pleased to offer the Former Margaritaville Casino Property on Biloxi Back Bay. The building is a 3-Level Class A facility that was constructed in 2012 and ultimately closed its doors in 2014. The total square footage of the building equates to 92,283 square feet, with the following break down: First Floor 11,831 SF, Second Floor 58,668 SF, Mezzanine 21,784 SF.


The building has concrete tilt and steel frame construction with a ground floor area that leads to the 2nd Floor of the former casino space. This area is open space with plate glass windows overlooking the Bay of Biloxi, as well as, bar space, event venue space with stadium seating, and large covered outdoor patios. The 3rd Floor Mezzanine includes multiple corporate offices, staffing offices, staff kitchen, restrooms, and . The building is fully wired to accommodate a casino operation and has the mechanical systems to be built out for a variety of applications. We note a fire suppression system throughout the entire property, as well as high voltage electrical system and generator. The property is completely heated and cooled. The exterior of the building has a high quality metal corrugated roofing system with hardie board siding. Overall, the property and all mechanical systems are in very good condition.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
TC
Tim Carlson PRO
•••.•••.2700
••••lson@••••••••••••.com
Brokerage logo
Listing removed on
 BY:
ML
Monte Luffey PRO
•••.•••.1953
•••ffey@••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Biloxi, MS median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Biloxi, MS (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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