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Key Facts

Type Multi Family
Levels Residential Income
Size 3886 sqft
Garage No
Taxes $7,024
Days Active 111
Lot Size 
Approx. Age 1981
Avg. Price Per Sqft $483
MLS® Number 103409

Property Address: 

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.Show Description
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

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