Rare opportunity to own a cash-flowing waterfront property on Baffin Bay with short-term rentals allowed! Situated on 2.6 acres, this unique property includes four separate buildings and boasts over 200 feet of water frontage protected by a concrete bulkhead. The 300+ foot fishing pier features a spacious L-head, allowing multiple groups to fish comfortably.
Building One includes four one-bedroom units, each furnished with four beds and kitchenettes. Building Two also offers four one-bedroom units, each with two beds and full kitchens. Building Three is a 2-bedroom, 1-bath home built approx. 10 years ago. Perfect as an on-site manager’s residence, it features a second bedroom that can serve as an office with it's own entrance, and a separate laundry room with capacity for four washers/dryers.
The largest structure, Building Four, sits closest to the water and showcases panoramic views of Baffin Bay through seven large windows. Inside is an open-concept living/dining/kitchen area and two bedrooms—ideal for entertaining or relaxing.
Multiple outdoor seating areas enhance the guest experience. Whether you're looking to retire and manage on-site or rent all 10 units and manage remotely, this is a turn-key investment. Easy access to FM roads and just 15 minutes from I-69. An additional shaded, undeveloped section offers potential for RV sites.
Listed at $895,000—don’t miss out!
For sale
$895,000
990 E Fm 628, Riviera, TX 78379
12beds
6,078sqft
Est.:
Multi Family
Built in 1998
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Waterfront propertyFishing pierMultiple outdoor seating areasSpacious l-headFour one-bedroom unitsFull kitchens
- 146 days
- on Zillow |
- 444 |
- 28 |
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