1705 Government Street, Ocean Springs, MS 39564 (MLS# 4138270)

1705 Government Street, Ocean Springs, MS 39564

$784,000

Virtual Tour

https://www.propertypanorama.com/1705-Government-Street-Ocean-Springs-MS-39564--4138270/unbranded

Property Type: Residential Bedrooms: 3 Square Footage: 1,620 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $784,000 List Date: 3/04/2026 Last Modified: 8/20/2026

Overview

Description

THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use wit ... (Read more) THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use with the City of Ocean Springs. CURRENT INCOME-PRODUCING USE: Continue operating the furnished 3BR/2BA short-term rental known as "Mona Lisa," or evaluate the property for an alternative commercial or mixed-use concept. Its Government Street location, commercial frontage, walkability and on-site parking distinguish it from typical residential vacation-rental properties. THE PROPERTY: Originally built in 1910 and extensively renovated since that time, this approximately 1,620 SF property combines historic character with modern finishes, including high ceilings, granite countertops and smart-home features. Dedicated on-site parking accommodates approximately five vehicles—an especially valuable feature in the downtown district. Convenient to downtown dining, boutiques, entertainment, festivals and nightlife. Public water, sewer and electric available. Whether considered as a furnished vacation rental, live-work property, commercial investment, redevelopment opportunity or long-term downtown land holding, 1705 Government Street offers an unusually broad range of potential strategies. Buyer and/or his agent are to verify all information material to buyer, including zoning, permitted uses, STR regulations, licensing, flood-zone status, square footage, parking capacity and redevelopment potential. Showings by appointment only.

Listing Details MLS# 4138270

General Property Information

Property Sub Type: Single Family Residence
New Construction: No
Property Condition: Updated/Remodeled
Approx Lot Size Acres: 0.11
Lot Size Dimensions: appr 48' x 90'
Approx H/C SqFt: 1620
SqFt Source: Public Records
List Price/SqFt: 483.95
Year Built Known: Yes
Year Built: 1910
Year Built Source: Public Records
Total Floors: Yes
Bedrooms Total: 3
Bathrooms Full: 2
Fireplace: No
Pool: No
School District: Ocean Springs Dist
Elementary School 2: Bovina
Middle or Junior School: Ocean Springs Middle School
High School: Ocean Springs
Home Warranty: No
Accessibility Features: No
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: House Architectural Style: Farmhouse; Traditional Lot Features: City Lot; Cleared; Near Beach; Rectangular Lot Levels: One Covenants And Restrictions: Deed Restrictions; Restrictive Covenants Interior Features: Ceiling Fan(s); Granite Counters; High Ceilings Special Purpose Rooms: Recreation/Play Room Bathroom Features: Walk-In Shower Appliances: Built-In Electric Oven; Dishwasher; Dryer; Electric Water Heater; Washer/Dryer Flooring: Laminate; Simulated Wood Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected; Smart Home Wired Sewer: Public Sewer Water Source: Public Foundation Details: Conventional; Raised Listing Terms: 1031 Exchange; Assumable; Cash; Conventional; See Remarks Roof: Metal Patio And Porch Features: Front Porch Exterior Features: Private Yard Parking Features: Driveway; No Garage; On Site Attic Features: Gable Vent Water Heater: Electric; Over 40 Gallons Room Type: Bathroom; Bedroom; Dining Room; Great Room; Kitchen; Laundry; Living Room; Primary Bathroom; Primary Bedroom

Address and Location Information

Street Number: 1705
Street Name: Government
Street Suffix: Street
County: Jackson
State: MS
Zip Code: 39564
Parcel Number: 6-15-90-036.000
PPIN: 784
Subdivision: Weed Davis
Directions to Property: From Highway 90: Drive South on Washington street to Government Street Intersection. From the intersection of Washington and Government streets head east app. .4 miles. Property is located on left (no
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 2493
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: Yes
Legal Description: THE S 82' LOT 6 & W 4'6'X82' OF LOT 5 WEED & DAVIS ADD DB 1801-175 (73M MAP784.19-04)

Parking Features

Parking Total: 5
Driveway: Yes
No Garage: Yes
On Site: Yes

More Information

Workshop Features

Workshop: No

Showing Requirements

Showing: Appointment Required

Attic Features

Attic: Yes
Gable Vent: Yes

Room Type

Bathroom Level: Main
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bathroom Level: Main
Primary Bedroom Level: Main
Bathroom: Yes
Bedroom: Yes
Dining Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes

Remarks & Miscellaneous

Public Remarks: THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use with the City of Ocean Springs. CURRENT INCOME-PRODUCING USE: Continue operating the furnished 3BR/2BA short-term rental known as "Mona Lisa," or evaluate the property for an alternative commercial or mixed-use concept. Its Government Street location, commercial frontage, walkability and on-site parking distinguish it from typical residential vacation-rental properties. THE PROPERTY: Originally built in 1910 and extensively renovated since that time, this approximately 1,620 SF property combines historic character with modern finishes, including high ceilings, granite countertops and smart-home features. Dedicated on-site parking accommodates approximately five vehicles—an especially valuable feature in the downtown district. Convenient to downtown dining, boutiques, entertainment, festivals and nightlife. Public water, sewer and electric available. Whether considered as a furnished vacation rental, live-work property, commercial investment, redevelopment opportunity or long-term downtown land holding, 1705 Government Street offers an unusually broad range of potential strategies. Buyer and/or his agent are to verify all information material to buyer, including zoning, permitted uses, STR regulations, licensing, flood-zone status, square footage, parking capacity and redevelopment potential. Showings by appointment only.

Structure Type

House: Yes

Architectural Style

Farmhouse: Yes
Traditional: Yes

Lot Features

City Lot: Yes
Cleared: Yes
Near Beach: Yes
Rectangular Lot: Yes

Covenants And Restrictions

Deed Restrictions: Yes
Restrictive Covenants: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Assumable: Yes
Cash: Yes
Conventional: Yes
See Remarks: Yes

Interior Features

Ceiling Fan(s): Yes
Granite Counters: Yes
High Ceilings: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Smart Home Wired: Yes

Special Purpose Rooms

Recreation/Play Room: Yes

Bathroom Features

Walk-In Shower: Yes

Appliances

Built-In Electric Oven: Yes
Dishwasher: Yes
Dryer: Yes
Electric Water Heater: Yes
Washer/Dryer: Yes

Flooring

Laminate: Yes
Simulated Wood: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Conventional: Yes
Raised: Yes

Exterior Construction/Siding

Siding: Yes

Roof

Metal: Yes

Exterior Features

Private Yard: Yes

Patio And Porch Features

Front Porch: Yes

Water Heater

Electric: Yes
Over 40 Gallons: Yes

Room Information

Room Name	Level	Remarks
Living Room	Main	West Centered Front Entry
Dining Room	Main	Central Behind Living Room
Kitchen	Main	Center West
Great Room		East-Front-Adjoins Living Room
Bathroom	Main	Central Front: Guest Bath
Bedroom		East Mid-Joins Great Room
Bedroom		East Rear-Guest Room off Hallway
Primary Bathroom	Main	Master Bath=Rear
Primary Bedroom	Main	Master Bed-West Rear
Laundry

Documents

County Tax Infol ›

Tax Assessment ›

Zoning Map ›

Listing Office: Real Broker, LLC.

Listing Agent: Justin W McPhail

Last Updated: August - 20 - 2026