534 N Forest Drive, Gulfport, MS 39507

$105,000
Property Type: Residential Bedrooms: 3 Square Footage: 1,045 Lot Size (sq. ft.): 9,583 Status: Pending
Current Price: $105,000 List Date: 7/16/2026 Last Modified: 9/02/2026

Overview

Description

Cash-Flowing Investment on a Large Corner Lot! Situated on a spacious corner lot just off Cowan Lorraine Road, this property puts you minutes from shopping, dining, entertainment, and boating — with the white sand beaches and salty Gulf breezes just a short drive away, all outside the flood zone. The 3-bedroom, 1-bath brick home is currently tenant-occupied at $1,200/month on a lease through May 2027, giving you immediate cash flow with taxes of just $1,274/year. A storage shed/workshop adds extra utility for tools, toys, or hobby space. Buy now as a turnkey rental, then step into your own personal home on the coast when the lease ends. Please allow 24 hours' notice for all showings out of respect for the current tenant.

Listing Details MLS# 4156090

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Approx Lot Size Acres
0.22
Lot Size Dimensions
54' x 50' x 126' x 3' x 46' x 125'
Approx H/C SqFt
1045
SqFt Source
Public Records
List Price/SqFt
100.48
Year Built Known
Yes
Year Built
1981
Year Built Source
Public Records
Total Floors
Yes
Bedrooms Total
3
Bathrooms Full
Yes
Fireplace
No
Pool
No
School District
Gulfport Dist
Home Warranty
No
Accessibility Features
No

Property Features

Structure Type: House Architectural Style: Traditional Lot Features: City Lot; Corner Lot; Few Trees; Near Beach Levels: One Interior Features: Ceiling Fan(s) Bathroom Features: 5 Foot Tub Appliances: Electric Range Walls - Interior: Sheetrock Flooring: See Remarks Window Features: Aluminum Frames Door Features: Dead Bolt Lock(s) Laundry Features: Electric Dryer Hookup; Inside; Washer Hookup Security Features: Smoke Detector(s) Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Natural Gas Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Asphalt Shingle; Three tab shingle Patio And Porch Features: Front Porch; Patio Exterior Features: None Fencing: None Driveway Features: Concrete Drive Parking Features: Driveway; On Street Other Structures: Shed(s); Storage Water Heater: 40 Gallons or Less; Natural Gas Disclosures: None

Address and Location Information

Street Number
534
Street Direction
N
Street Name
Forest
Street Suffix
Drive
County
Harrison
State
MS
Zip Code
39507
Parcel Number
1010l-03-036.000
PPIN
034094
Subdivision
Sherwood Estates
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
1319
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Zoning
Single Family Residential
Flood Insurance Required?
No
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
LOT 47 SHERWOOD EST. SUBD.

Status Change Info

Contract Date/Pending Date
2026-09-01

More Information

Workshop Features

Workshop
Yes

Showing Requirements

Showing
Appointment Required
Appointment Phone
228-860-0082
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Philip J Leblanc
Source MLS Verified
Last Updated: September - 02 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.