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188 Iberville Dr, Biloxi, MS, 39531

3beds
1baths
1,182sqft
$124,900
$106price/sqft
$1,086/moest. monthly cost
$43,440/yrincome needed

About This Home

With a little vision and love, this Gulf Coast gem has the potential to be a fantastic home or income-producing rental! This 3-bedroom, 1-bath, cottage is priced under $125K and sits in a prime Biloxi location... you can actually see the beach right from the front yard. Coastal living doesn't get more affordable than this. The opportunity here is real: a second bathroom could be added with relatively little difficulty, giving the new owner instant equity. Whether you're an investor looking for your next rental, a handy buyer ready to build sweat equity, or someone dreaming of an affordable beach-area retreat, this property delivers! With Biloxi's beaches, casinos, dining, and entertainment just moments away, the lifestyle is already there - this home just needs someone to bring it to life. Grab your agent and come see the potential for yourselves!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

6/10
8/10
9/10
Biloxi High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Hardwood,Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,182
  • Total interior livable area: 1,182 sqft

Property

Details

  • Parcel number: 1210i02002.000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: See Remarks
  • Waterfront features: Beach Access

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 60.0 x 90.0 x 60.0 x 90.0

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Harrison County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $631$7,572
Home Insurance *$202$2,424
Property Taxes $61$732
Electricity $192$2,304
Total$1,086$13,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,234/yr
40% on housing$32,580/yr
45% on housing$28,960/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How 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.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$106This listing

vs Other Active Listings

Avg $/sqft

ZIP 39531$166
Harrison County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 39531$127
Harrison County$147

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)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$124,900
2026-07-29Listed for sale$124,900
2026-06-22Pending sale$124,900
2026-06-17Listed for sale$124,900

For Sale by Agent

AgentCassie D Webb
BrokerageElevate

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