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South Padre Island, TX Apartment Buildings for Sale

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6-Unit Apartment Building
Updated: Feb 13
6-Unit Apartment Building

5712 Padre Blvd., South Padre Island, TX 78597

$1,880,000
3,886 sqft 0.26 AC lot
Six one‑bedroom, one‑bath apartments; all fully rented
3,886 square feet on a 0.2556‑acre double‑sized corner lot
Commercial zoning designated C
1981 block and stucco construction with a flat roof
Elevated building position above Padre Blvd.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in South Padre Island, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

8-Unit Apartment Building
8-Unit Apartment Building

00 Gregory Ave., Brownsville, TX 78521

$1,195,000
7,040 sqft

2014 construction with separately metered water and electric service.

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Mixed-Use Property with 24 Apartments
Mixed-Use Property with 24 Apartments

2100 Old Port Isabel Rd., Brownsville, TX 78526

$2,700,000
20,000 sqft

Fully leased asset combines multifamily housing with two road-facing commercial buildings.

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Five-Unit Apartment Building
Five-Unit Apartment Building

510 S Musina, Port Isabel, TX 78578

$495,000
2,645 sqft 0.28 AC lot

Fully occupied multifamily property with a three-bedroom residence, studio efficiencies, and a one-bedroom apartment.

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Waterfront Hotel, Marina and Rentals
Waterfront Hotel, Marina and Rentals

418 W Highway 100, Port Isabel, TX 78578

$9,000,000
25,257 sqft

Multi-use waterfront property with 24 hotel rooms, 13 fully occupied apartments, 28 boat slips, and on-site dining and marine services.

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Off-Market Properties in South Padre Island, TX

Consider similar Off-Market properties in South Padre Island, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

106 Corral St
Multifamily properties

106 Corral St, South Padre Island, TX 78597

Estimated value:
No data
4,500 sqft
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102 Atol St
Multifamily properties

102 Atol St, South Padre Island, TX 78597

Estimated value:
No data
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129 Gardenia St
Multifamily properties

129 Gardenia St, South Padre Island, TX 78597

Estimated value:
No data
View details
5312 Gulf Blvd
Multifamily properties

5312 Gulf Blvd, South Padre Island, TX 78597

Estimated value:
No data
View details
112 Dolphin Ln
Multifamily properties

112 Dolphin Ln, South Padre Island, TX 78597

Estimated value:
No data
3,506 sqft
View details

South Padre Island, TX Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in South Padre Island, TX on our real estate platform. These investment opportunities span a total of 3,886 square feet of properties for sale, with an estimated market value of $1,880,000.

Sale prices for two-family homes in South Padre Island, TX average $1,880,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,881
Population Growth (5Y) +1.5%
Median Household Income $61,357
College Educated 79.0%

High-Yield Neighborhoods for Investment

Identify South Padre Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
78597 $5.9M

Taxes & Financing

Tax Rate (average for all types) 1.29%
Property Tax per SF $3.62 per SF
Tax Rate vs County Average 0.52 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cameron County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cameron County

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