Building Trust - Creating Value
5504 Padre Blvd., South Padre Island, TX 78597
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  • MLS#: 1809403 ( Multi-Family (2-8 Units) )
  • Street Address: 5504 Padre Blvd.
  • Viewed: 2
  • Price: $759,000
  • Price sqft: $208
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 3654
  • Days On Market: 2
  • Additional Information
  • County: CAMERON
  • City: South Padre Island
  • Zipcode: 78597
  • Subdivision: Padre Beach
  • District: Port Isabel Isd
  • Elementary School: Garriga
  • Middle School: Port Isabel
  • High School: Port Isabel
  • Provided by: CB Harper Global Luxury
  • Contact: Carmen Lucas
  • (956) 459-8785
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Presenting an excellent investment opportunity in a prime location on South Padre Island. This property features a two bedroom, two bath residential unit on the second floor with sliding doors leading to a spacious balcony facing Padre Blvd, and a large back deck. Recently updated with new kitchen appliances, including a washer and dryer, in 2023. The ground floor offers two commercial spaces, each equipped with a half bathroom, providing great potential for business or rental income. Exterior painting is scheduled soon, enhancing the property's curb appeal. This turn key property is perfect for those seeking a versatile investment with both residential and commercial possibilities. Don't miss the chance to own a piece of South Padre Island real estate in this prime location.
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Features
Building and Construction
  • Apprx Age: 39
  • Builder Name: unknown
  • Construction: Pre-Owned
  • Exterior Features: Stucco
  • Flooring: Ceramic Tile
  • Foundation: Slab
  • Roofing: Slate
  • Source Sqft: Appsl Dist
School Information
  • Elementary School: Garriga
  • High School: Port Isabel
  • Middle School: Port Isabel
  • School District: Port Isabel Isd
Eco-Communities
  • Water/Sewer: City
Utilities
  • Air Conditioning: Three+ Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Common Water
  • Recent Rehab: No
Finance and Tax Information
  • Annual Operating Expense: 27332
  • Home Owners Association Mandatory: None
  • Net Operating Income: 30268
  • Total Tax: 10000
Other Features
  • Block: 176
  • Contract: Exclusive Right To Sell
  • Instdir: North Padre, Building on Padre Frontage, in between E Cora Lee and E Morningside
  • Legal Description: SO PADRE IS - PADRE BEACH SECTION XI LOT 1 BLK 176
  • Miscellaneous: M.U.D.
  • Op Exp Includes: Taxes, Insurance, Management, Other
  • Ph To Show: 9564598785
  • Salerent: For Sale
  • Style: Two Story
  • Zoning: COM/MF
Owner Information
  • Owner Lrealreb: No