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1515 Government Street, A302, Ocean Springs, MS 39564
New Listing
$399,000
Property Type:
Residential
Bedrooms:
2
Square Footage:
632
Status:
Active
Current Price:
$399,000
List Date:
3/23/2026
Last Modified:
3/24/2026
Description
Exceptionally rare opportunity to own a condotel in the heart of downtown Ocean Springs. Located at OS1515 Lofts, this professionally managed 2BR/1BA residence is purpose-built for short-term rental income, second-home flexibility, and effortless ownership.
This turnkey investment property offers a fully integrated condotel with on-site professional management, making it ideal for out-of-town owners seeking passive income with minimal oversight. Use it as your private coastal retreat, then seamlessly generate revenue when you're away.
Positioned above Government Street, the unit features a private balcony with views and access to a shared courtyard balcony overlooking weekly events and live music and events.Features include:
Two assigned parking spaces + dedicated golf cart parking, Elevator access for guest convenience,
Walkable high-demand rental location,
On-site amenities including CRAVE Food Hall, boutique retail, spa, and pilates studio and Desi Vega's Steakhouse!
Just one mile from Front Beach, this property sits in one of the Gulf Coast's most desirable short-term rental corridors.
Whether you're looking for an investment or securing a low-maintenance second home with upside this is what you've been waiting for!
More Information MLS# 4143326
Address and Location Information
Parcel Number: Unassigned
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 1515
Street Name: Government
Street Suffix: Street
County: Jackson
State: MS
Zip Code: 39564
Unit #: A302
Subdivision: OS 1515
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-03-23
List Price: $399,000
Current Price: $399,000
General Property Information
New Construction: Yes
Property Condition: Move In Ready
Approx Lot Size Acres: 0
SqFt Source: Builder
List Price/SqFt: 631.33
Year Built Source: Builder
Garage Spaces: 1
Carport Spaces: 0
Total Floors: 3
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: No
Pool: No
School District: Ocean Springs Dist
Elementary School: Oak Park
Elementary School 2: Ocean Springs Upper
High School: Ocean Springs
Home Warranty: No
Accessibility Features: No
Pets Allowed: Yes
Property Sub Type: Condominium
Approx H/C SqFt: 632
Year Built: 2025
Bedrooms Total: 2
Bathrooms Full: 1
Tax and Financial Information
Tax Annual Amount: 6500
Tax Year: 2027
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: Yes
Association Fee: 580.35
Association Fee Frequency: Monthly
Covenants Y/N: Yes
Legal Description: to be given prior to closing
Remarks & Miscellaneous
Public Remarks: Exceptionally rare opportunity to own a condotel in the heart of downtown Ocean Springs. Located at OS1515 Lofts, this professionally managed 2BR/1BA residence is purpose-built for short-term rental income, second-home flexibility, and effortless ownership.
This turnkey investment property offers a fully integrated condotel with on-site professional management, making it ideal for out-of-town owners seeking passive income with minimal oversight. Use it as your private coastal retreat, then seamlessly generate revenue when you're away.
Positioned above Government Street, the unit features a private balcony with views and access to a shared courtyard balcony overlooking weekly events and live music and events.Features include:
Two assigned parking spaces + dedicated golf cart parking, Elevator access for guest convenience,
Walkable high-demand rental location,
On-site amenities including CRAVE Food Hall, boutique retail, spa, and pilates studio and Desi Vega's Steakhouse!
Just one mile from Front Beach, this property sits in one of the Gulf Coast's most desirable short-term rental corridors.
Whether you're looking for an investment or securing a low-maintenance second home with upside this is what you've been waiting for!
Structure Type
Midrise 3-6 Floors: 1
Architectural Style
French Acadian: 1
Lot Features
Landscaped: 1
Covenants And Restrictions
Homeowner Association: 1
Restrictive Covenants: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Pest Control: 1
Security: 1
Other: 1
Showing Requirements
Showing: Show Any Time
Lockbox Location: See Remarks
Interior Features
High Ceilings: 1
Kitchen Island: 1
Recessed Lighting: 1
Stone Counters: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Kitchen Features
Kitchen Island: 1
Quartz Counters: 1
Appliances
Washer/Dryer Stacked: 1
Walls - Interior
Sheetrock: 1
Flooring
Luxury Vinyl: 1
Window Features
Blinds: 1
Metal: 1
Roll Out: 1
Door Features
Metal Insulated: 1
Laundry Features
Laundry Closet: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Key Card Entry: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Other: 1
Exterior Features
Balcony: 1
Landscaping Lights: 1
Patio And Porch Features
Brick: 1
Parking Features
Parking Total: 1
Assigned: 1
Garage: 1
Golf Cart Garage: 1
Community Features
Near Entertainment: 1
Restaurant: 1
Sidewalks: 1
See Remarks: 1
Water Heater
Electric: 1
Property Features
Structure Type: Midrise 3-6 Floors
Architectural Style: French Acadian
Lot Features: Landscaped
Levels: One
Covenants And Restrictions: Homeowner Association; Restrictive Covenants
Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Security; Other
Interior Features: High Ceilings; Kitchen Island; Recessed Lighting; Stone Counters
Kitchen Features: Kitchen Island; Quartz Counters
Appliances: Washer/Dryer Stacked
Walls - Interior: Sheetrock
Flooring: Luxury Vinyl
Window Features: Blinds; Metal; Roll Out
Door Features: Metal Insulated
Laundry Features: Laundry Closet
Security Features: Fire Alarm; Fire Sprinkler System; Key Card Entry
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Other
Patio And Porch Features: Brick
Exterior Features: Balcony; Landscaping Lights
Parking Features: Assigned; Garage; Golf Cart Garage
Community Features: Near Entertainment; Restaurant; Sidewalks; See Remarks
Water Heater: Electric
Listing Office:
Rain Residential
Listing Agent:
Kristin Smith
Last Updated: March - 24 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.