5312 Gulf Boulevard South Padre Island, TX $ 2,495,000
5312 Gulf Boulevard
$ 2,495,000
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5312 Gulf Boulevard

South Padre Island, TX, 78597
$ 2,495,000
Bedrooms3 Baths3.0 Sq 4,212

Monthly Estimate*

$ 16,583

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Multi-Family Home for sale in South Padre Island, TX

for $2,495,000 with 3 bedrooms and 3 full baths. This 4,212 square foot home was built in 1982 on a lot size of 0.1377.

This Texas beach home enjoys an incredibly coveted location, positioned not only directly along the shoreline but also on the highly sought-after Gulf Blvd., providing the opportunity for huge rental income. The property offers versatile rental options, allowing you to lease out the entire property, encompassing all three private floors/condos, or opt for individual rentals, with each floor serving as its own distinct unit, complete with private access. Each floor has its own kitchen, living room, and washer and dryer. The 1st floor has 2 bedrooms and 2 bathrooms; the 2nd floor has 3 bedrooms and 2 bathrooms; and the 3rd floor has 3 bedrooms and 2 bathrooms. There is a website for the property at www.texasbeachhouse.com, as it is a very popular property on Airbnb and Vrbo with existing customers. The property does come with ALL furniture, appliances, and technology, such as televisions and security cameras. Don't miss out on this amazing opportunity, schedule your showing today!

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Multi-Family Active

Price

$ 2,495,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 25,773

Style

Triplex

Lot Size

0.1377

Year Built

1982

Town/City

South Padre Island

County/Region

Cameron

MLS | Web ID

420648

Features
General
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Metal
Appliances Electric Water Heater Smooth Electric Cooktop Dishwasher Disposal Oven-Microwave Refrigerator
Exterior Features BBQ Pit/Grill
Garage Spaces 2
Patio/Porch Features Covered Patio Deck/Balcony/Porch
Construction Materials Frame/Wood
Year Built 1982
Property SubType Triplex
Tax Year 2023
Gross Income 115596
Waterfront Features Gulfside Waterfront
Community Features None
County Cameron
Insurance Expense 18572
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Padre Beach
Garage Y/N Yes
Other Structures Outbuilding (None) Gazebo
Status Active
Directions North on Padre Blvd Right on E. Georgia Ruth left on Gulf Blvd. the house will be on the right-hand side.
High School Port Isabel H.S.
City South Padre Island
High School District Port Isabel ISD
NumberOfUnitsTotal 3
Lot Size Units Square Feet
Lot Size Square Feet 5999.9544
Waterfront Y/N Yes
Carport Spaces 0
Carport Y/N No
Street Name Gulf
Elementary School Garriga
Tax Annual Amount 25773
Home Warranty Y/N No
Middle/Junior High School Port Isabel Junior High
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Port Isabel ISD
Elementary School District Port Isabel ISD
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Interior
Flooring Carpet Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Boulevard
Laundry Features Laundry Area Washer/Dryer Connection
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Exterior
Fencing Other
Parking Features Garage Faces Front
Water Source Public
Total Parking 2
Lot Size Area 5999.9544
Foundation Details Other Slab
Number of Buildings 1
Building Area Total 4212
Lot Size Acres 0.1377
Road Surface Type Paved
Frontage Type Waterfront
Covered Spaces 2
Pool YN No
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* Excluded Features
List By
Osiel Garcia

Listing Agent

Imperio Real Estate Llc

Broker

osielgarcia111@gmail.com

Email

Affordability Calculator

$18,730
Per Month
89%
11%
0%
Monthly Principal & Interest
$16,583
Monthly Property Taxes
$2,148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057346 Elementary School
3057558 Middle School
Port Isabel H.S. High School
Pricing History
DatePricePrice ChangeDescription
12/11/2023$2,495,000 Listed Price

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5312 Gulf Boulevard, South Padre Island, TX, 78597 is a Multi-Family Home for sale at $2,495,000 with 4,212 sqft and a lot size of 0.1377. 5312 Gulf Boulevard has 3 bedrooms, 3.0 baths, and was built in 1982. The property's zip code is 78597 which is in South Padre Island, TX