2207 Government St #23, Ocean Springs, MS, 39564
About This Home
Step into easy coastal living with this fully furnished, income-producing 2-bedroom, 2-bath cottage nestled in the heart of Ocean Springs. Located in the charming Cottages at Oak Park community right on Government Street, this property is as practical as it is beautiful. At 1,010 square feet, this home lives larger than it looks. Remodeled in 2023 with lovely designer finishes and thoughtful interior touches, it is move-in ready and sold COMPLETELY furnished. Everything a short-term rental guest needs is already here, from a full-sized washer and dryer and fully stocked kitchen to comfortable furniture, TVs, beach chairs, towels, and all required safety equipment. This property has a proven track record as a successful short-term rental, and the community is zoned to allow Airbnb and VRBO rentals. That is a rare and valuable advantage on the Gulf Coast. Location seals the deal. Situated right on Government Street, you are front and center for Ocean Springs' parades and festivals. Downtown Ocean Springs, voted one of the Best Coastal Small Towns in America by USA Today, is an easy walk or golf cart ride away. Over 200 independent shops, restaurants, and galleries, the world-class Walter Anderson Museum of Art, Front Beach, and a James Beard nominated dining scene are all within reach. Top-rated schools round out the picture for families putting down roots here. Whether you want to enjoy it yourself, rent it out, or both, this cottage delivers.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Move In Ready
- Year built: 2011
Materials
- Roof: Metal
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s),Washer/Dryer
- Laundry features: Electric Dryer Hookup,In Unit,Laundry Room,Upper Level,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl,See Remarks
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,010
- Total interior livable area: 1,010 sqft
Property
Details
- Parcel number: 61058043.000
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch,Porch,Rear Porch
- Exterior features: None
- Fencing: None
Lot
- Lot size: 5,227 sqft
- Features: Landscaped,Near Beach
Parking
- Parking features: Common,Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Wildfire
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Jackson County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,820 | $21,840 |
| Home Insurance * | $476 | $5,712 |
| Property Taxes | $201 | $2,412 |
| Electricity | $192 | $2,304 |
| Total | $2,689 | $32,268 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $360,000 |
| 2023-04-06 | Sold | -- |
| 2023-01-23 | Pending sale | $299,900 |
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