Property Address: 5712 Padre Blvd., South Padre Island, Texas
Average square foot calculated using Size range provided by listing agent.
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.
MLS® Number103409
Laundry LevelWasher/Dryer Hook-up
Central VacNo
FireplaceNo
Acreage0.2556
Exterior
GarageNo
Approx. Age1981
Basement
DrivewayCommon, Asphalt
Garage Spaces
HeatElectric
A/CCentral Air
Heating Fuel
Extras
5712 Padre Blvd., South Padre Island, TX
Similar Listings
Get notified of price or status changes by saving this listing
Cookie Notice
We use cookies to enhance your browsing experience, analyze your activity, understand your preferences, improve our service, and deliver relevant ads. By making your cookie choice, you also confirm your acknowledgement and consent to our Terms and Privacy Policy.