TX > South Padre Island > Fiesta Isles
South Padre Island, TX 78597,5712 Padre Blvd.
South Padre Island, TX 78597,5712 Padre Blvd.
South Padre Island, TX 78597,5712 Padre Blvd.
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Found It Team

Found It Team

+1(800) 790-7576
Listed by Tony Altermatt • Palm Breeze Real Estate LLC
$1,880,000
Est. payment /mo
6 Beds
6 Baths
11 Acres Lot
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UPDATED:

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

Interior Features Cabinets-Manufactured, Ceiling Fan(s), Smoke Detector, Unfurnished, Washer/Dryer Hook-up

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

Miscellaneous Driveway-Asphalt

Virtual Tour https://tour.usamls.net/5712-Padre-Blvd-South-Padre-Island-TX-78597/unbranded

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