5712 Padre Blvd. Active Save Request In-Person Tour Request Virtual Tour
South Padre Island,TX 78597
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Subdivision Fiesta Isles
MLS Listing ID 103409
Bedrooms 6
Full Baths 6
Year Built 1981
Annual Tax Amount $7,023
Tax Year 2024
Lot Size 11.000 Acres
Property Sub-Type Residential Income
Property Description
Welcome to this fantastic and rare investment opportunity! This unique property offers endless possibilities for lucrative investment ventures. Its prime location, double-sized corner lot in one of the best locations on Padre Blvd, offers more than 11,000 sq ft. This ample space opens unparalleled potential for expansion or repurposing. The existing building is concrete block construction, strategically elevated above Padre Blvd, houses 6 nicely-sized one bedroom / one bathroom fully rented apartments that boast modern amenities, many recent upgrades and a strong rental track record. The commercial zoning and generous lot size open doors for various development options, whether it's adding more rental units or exploring alternative commercial ventures. Seize this exceptional opportunity to make a mark in the thriving South Padre Island real estate market.
Location
State TX
County Cameron
Zoning C
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Exterior
Exterior Feature Deck
Fence Gulf Interior,Padre Blvd Frontage
Roof Type Other-See Remarks
Building
Story Two
Foundation Combination
Schools
School District Point Isabel Isd
Others
Virtual Tour https://tour.usamls.net/5712-Padre-Blvd-South-Padre-Island-TX-78597/unbranded