5312 Gulf Boulevard

South Padre Island, TX 78597

$2,495,000
Price
Beds
4,212 Sq. Ft.
$592 / Sq. Ft.
4,212
Sq. Ft.
$592
per Sq. Ft.

Description

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,...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!

Property Details for 5312 Gulf Boulevard

Community Features
None
Subdivision Name
Padre Beach
Waterfront Features
Gulfside, Waterfront
Waterfront
Yes

Location

Listing Courtesy of Imperio Real Estate Llc
Add your commute
LISTING UPDATED: 05/09/2024 01:57 AM

Property Details for 5312 Gulf Boulevard

StatusActive
MLS #420648
Days on Market160
Taxes$25,773 / year
HOA Fees-
Condo/Co-op Fees$6,533 / year
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1982
Lot Size0.14 AC / 5,999 SF
CountyCameron County

Location

Listing Courtesy of Imperio Real Estate Llc
Add your commute

Building Information for 5312 Gulf Boulevard

Stories-Residences3Year Built1982Building Size-Lot Size0.14 AC / 5,999 SF

Payment Calculator

$16,308 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$2,148

HOA Dues

$544

The Payment Calculator is for illustrative purposes only.

Property Information for 5312 Gulf Boulevard

Summary
Location and General Information
  • Directions: North on Padre Blvd Right on E. Georgia Ruth, left on Gulf Blvd., the house will be on the right-hand side.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Faces Front
  • Parking Total: 2.0
School Information
  • Elementary School: Garriga
  • Elementary School District: Port Isabel ISD
  • High School: Port Isabel H.S.
  • High School District: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High
  • Middle Or Junior School District: Port Isabel ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 6764001700007000
  • Tax Annual Amount: $25,773
  • Tax Legal Description: SO PADRE IS - PADRE BEACH SECTION XI LOT 7 BLK 170
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: Cameron CAD
  • Building Area Total: 4212.0
  • Building Area Units: Square Feet
  • Living Area: 4212.0
  • Living Area Source: Cameron CAD
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.1377
  • Lot Size Area: 5999.9544
  • Lot Size Square Feet: 5999.9544
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1982
  • Year Built Source: CCAD
  • Escrow: $25,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 3
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: BBQ Pit/Grill
  • Fencing: Other
  • Frontage Type: On Waterfront
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Frame/Wood
  • Other Structures: Outbuilding (None), Gazebo
  • Patio And Porch Features: Covered Patio, Deck/Balcony/Porch
  • Roof: Metal
Interior Features
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dishwasher, Disposal, Oven-Microwave, Refrigerator
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Carpet, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Foundation Details: Other, Slab
Multi Family
Income & Expenses
  • Gross Income: $115,596.00
  • Insurance Expense: $18,572.00
  • Maintenance Expense: $6,533.00
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Other Expense: $.00

Property History for 5312 Gulf Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5312 Gulf Boulevard

Taxable ValueLand$570,000Additions$790,157Total$1,360,157
Tax Record2022$25,773 ($2,148 / month)
Home Facts
Total Finished SqFt1,150 SqFtAbove Grade Finished SqFt1,150 SqFtStories1Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1982ZoningBCountyCAMERONAPN67-6400-1700-0070-00

Schools near 5312 Gulf Boulevard

This home is within Point Isabel Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Derry Elementary School
PublicPK to 5

Garriga Elementary School
PublicPK to 5

Port Isabel J High School
Public6 to 8

Port Isabel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5312 Gulf Boulevard is a multi-family home for sale in South Padre Island, TX 78597. This property was listed for sale on December 11, 2023 by Imperio Real Estate Llc, it's currently listed at $2,495,000. This listing's school district is Point Isabel Independent School District. Nearby schools include Derry Elementary School, Garriga Elementary School and Port Isabel J High School. 5312 Gulf Boulevard is a 0-bed, 0-bath, 4,212 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Imperio Real Estate Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.