1515 Government St, Unit A302

632 Sq. Ft.
$631 / Sq. Ft.
632
Sq. Ft.
$631
per Sq. Ft.

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...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!
  1. Listed by Kristin Smith • Rain Residential
    P: (228)-990-0890 kristin@raindev.com
  2. Listed by Allen A Stanfield • Rain Residential
    P: (228)-383-5661 allen@raindev.com

Property Details for 1515 Government Street, Unit A302

Architectural Style
French Acadian
LISTING UPDATED: 03/30/2026 06:42 AM

Property Details for 1515 Government Street, Unit A302

StatusActive
MLS #4143326
Days on Market70
Pet PolicyAllowed
Taxes$6,500 / year
HOA Fees$6,964 / year
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2025
CountyJackson County

Location

Listing Courtesy of Rain Residential
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Building Information for 1515 Government Street, Unit A302

Building/Complex1515 Government StFloor-Stories-Residences-Pet PolicyAllowedPet Policy DetailsYesYear Built2025

Payment Calculator

$3,110 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,988

Property Taxes

$542

HOA Dues

$580

The Payment Calculator is for illustrative purposes only.

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Property Information for 1515 Government Street, Unit A302

Summary
Location and General Information
  • Community Features: Near Entertainment, Restaurant, Sidewalks, See Remarks
  • Subdivision Name: OS 1515
  • Latitude: 30.41
  • Longitude: -88.82
Taxes and HOA
  • Association: Yes
  • Association Fee: $580
  • Association Fee Frequency: Monthly
  • Tax Legal Description: to be given prior to closing
  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Security, Other
  • Tax Year: 2027
  • Tax Annual Amount: $6,500.00
  • Tax and Financial Information:Tax Annual Amount: $6,500.00
  • Tax and Financial Information:Tax Year: 2,027.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: $580.35
  • Tax and Financial Information:Association Fee Frequency: Monthly
  • Tax and Financial Information:Covenants Y/N: Yes
  • Tax and Financial Information:Legal Description: to be given prior to closing
Parking
  • Parking Features: Assigned, Golf Cart Garage
  • Garage: Yes
  • Carport Spaces: .00
  • Garage Spaces: 1.00
  • Parking Total: 1.00
  • Attached Garage: No
  • Parking Features:Parking Total: 1.00
  • Parking Features:Assigned: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Golf Cart Garage: Yes
School Information
  • Elementary School: Oak Park
  • High School: Ocean Springs
Property
Lot Information
  • Lot Size Acres: 0.0
  • Property Condition: Move In Ready
  • Year Built Source: Builder
  • Lot Features: Landscaped
  • Structure Type: Midrise 3-6 Floors
  • Living Area Source: Builder
  • Building Area Total: 632.0
Property and Assessments
  • New Construction: Yes
  • Floor Plans Count: 0
  • Property Type: Residential,Condo
  • Year Built: 2025
  • Property Sub Type: Condominium
  • General Property Information:New Construction: Yes
  • General Property Information:Property Condition: Move In Ready
  • General Property Information:Approx Lot Size Acres: .00
  • General Property Information:SqFt Source: Builder
  • General Property Information:Year Built Source: Builder
  • General Property Information:Garage Spaces: 1.00
  • General Property Information:Carport Spaces: .00
  • General Property Information:Total Floors: 3.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Fireplace: No
  • General Property Information:Pool: No
  • General Property Information:School District: Ocean Springs Dist
  • General Property Information:Elementary School: Oak Park
  • General Property Information:Elementary School 2: Ocean Springs Upper
  • General Property Information:High School: Ocean Springs
  • General Property Information:Home Warranty: No
  • General Property Information:Accessibility Features: No
  • General Property Information:Pets Allowed: Yes
Utilities
  • Electric: True
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Pool Private: No
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: Balcony, Landscaping Lights
  • Patio And Porch Features: Brick
  • Security Features: Fire Alarm, Fire Sprinkler System, Key Card Entry
Interior Features
  • Flooring: Luxury Vinyl
  • Fireplace: No
  • Cooling: Yes
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Door Features: Metal Insulated
  • Heating: Central, Electric
  • Interior Features: High Ceilings, Kitchen Island, Recessed Lighting, Stone Counters
  • Laundry Features: Laundry Closet
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
  • Window Features: Blinds, Metal, Roll Out
  • Heating: Yes
  • Rooms Total: 0
  • Bathrooms Total Integer: 1
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Notational: 1.00
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Appliances: Washer/Dryer Stacked
Rental
Rental Information
  • Owner-Tenant Information: Vacant

Property History for 1515 Government Street, Unit A302

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Listed (Active)

GCAOR MLS #4143326

$399,000—
Jan 9, 2026

Permanently Off Market

GCAOR MLS #4129824

$425,000—
Oct 27, 2025

Listed (Active)

GCAOR MLS #4129824

$425,000—
DateEvent & SourcePrice
03/23/2026

Listed (Active)

GCAOR MLS #4143326

$399,000
01/09/2026

Permanently Off Market

GCAOR MLS #4129824

$425,000
10/27/2025

Listed (Active)

GCAOR MLS #4129824

$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1515 Government Street, Unit A302

This home is within Ocean Springs School Dist.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 7 to 8
Public - 9 to 13
Public - 4 to 6
Rating
School
Distance
Oak Park Elementary School
PublicPK to 3

Ocean Springs Middle School
Public7 to 8

Ocean Springs High School
Public9 to 13

Ocean Springs Up Ele
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1515 Government Street, Unit A302 is a condo for sale in Ocean Springs, MS 39564. This property was listed for sale on March 23, 2026 by Rain Residential, it's currently listed at $399,000. This listing's school district is Ocean Springs School Dist. Nearby schools include Oak Park Elementary School, Ocean Springs Middle School and Ocean Springs High School. 1515 Government Street, Unit A302 is a 2-bed, 1-bath, 632 sqft condo built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rain Residential

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