Investor special in St. Andrews on the Gulf – Part II in highly desirable Ocean Springs, just minutes from Downtown. This 3BR/2BA home offers 1,922 sqft on a spacious 0.83-acre oak-covered lot in a well-established subdivision known for strong resale demand and large homesites.
Area resale values range $130–$150 per sqft, while this property is priced at only $91 per sqft, leaving significant margin for value-add. Conservative ARV is $250K, with market support up to $275K.
Major systems are in solid shape with a metal roof (approx. 10 years old), HVAC and water heater approx. 10 years old, and the property is not located in a flood zone. Primarily cosmetic updates needed, ideal lipstick flip opportunity.
Strong location + strong comps + built-in equity spread = prime investment play in one of Ocean Springs’ most established subdivisions.