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For sale
  • $1,880,000

    5712 Padre Blvd, South Padre Island, TX 78597

    6beds
    3,886sqft
    : 
    Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $484/sqft
    $-- HOA

    What's special

    Modern amenitiesElevated above padre blvdRecent upgradesDouble-sized corner lot
    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.
    160 days
    on Zillow
    |
    63
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 12, 2025 at 09:42am

    Listed by:

    Tony Altermatt 956-617-1940,

    Palm Breeze Real Estate LLC

    Source: SPIBOR,MLS#: 103409
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5712 Padre Blvd.

    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Stove, Washer/Dryer
    • Laundry: Washer/Dryer Hook-up
    Features
    • Cabinets-Manufactured, Ceiling Fan(s)
    • Flooring: Tile
    Interior area
    • Total structure area: 3,886
    • Total interior livable area: 3,886 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Asphalt
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Waterfront features: Gulf Interior
    • Frontage type: Padre Blvd Frontage
    Lot
    • Size: 0.26 Acres
    • Features: Less than 1 Acre
    Details
    • Parcel number: 6716001900017000
    • Zoning: C

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Stucco
    • Foundation: Combination
    • Roof: Flat
    Condition
    • Year built: 1981

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: Fiesta Isles
    Location
    • Region: South Padre Island

    Financial & listing details

    • Price per square foot: $484/sqft
    • Tax assessed value: $446,488
    • Annual tax amount: $7,023
    • Date on market: 3/4/2025
    • Listing terms: Bank Loan,Cash,Conventional
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