South Padre Island, TX
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    South Padre Island, TX Apartment Buildings for Sale

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    Port Isabel, TX Laguna Vista, TX Brownsville, TX
    South Padre Island Multifamily Investment
    $1,880,000
    3,886 SF
    South Padre Island Multifamily Investment

    5712 Padre Blvd., South Padre Island, TX 78597

    Rare investment opportunity on South Padre Island with commercial zoning.
    • Prime location on Padre Blvd with a double‑sized corner lot (over 11,000 sq ft).
    • Commercial zoning allows for various development options.
    • Six fully rented one‑bedroom/one‑bathroom apartments with modern amenities and a strong rental track record.
    • Concrete block construction, strategically elevated above Padre Blvd.
    • Potential for expansion or repurposing due to the generous lot size.
    Updated: Feb 13
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    Luxury Condos Near South Padre
    $9,950,000
    21,600 SF
    Luxury Condos Near South Padre

    134 E Atol St., South Padre Island, TX 78597

    Exclusive nine-unit property steps from the beach.
    • Beachfront location: Steps away from the beach on South Padre Island.
    • Luxurious units: Options for spacious 5 bed/5.5 bath or 3 bed/3.5 bath configurations.
    • En suite bathrooms: Each bedroom features a private en suite bathroom.
    • Deluxe balconies: Every unit includes a spacious balcony with ocean views.
    • Gourmet kitchens: Large, well‑appointed kitchens designed for entertaining.
    Updated: Jul 31, 2024
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Southmost Investment Opportunity
    $895,000
    6,600 SF
    Southmost Investment Opportunity

    Investment property in high-demand area with expansion potential.

    5994 SOUTHMOST RD., Brownsville, TX 78523

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    Multifamily Apartment Building
    $729,500
    9,750 SF
    Multifamily Apartment Building

    Seventeen-unit multifamily property with vacant units on a 2.5-acre site in Brownsville, Texas.

    1380 MILPA VERDE, Brownsville, TX 78521

    View details
    Waterfront Multi-Use Income Property
    $9,000,000
    25,257 SF
    Waterfront Multi-Use Income Property

    Income-producing asset with diversified revenue streams and development potential.

    418 W Highway 100, Port Isabel, TX 78578

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    Port Isabel 5-Plex Investment Opportunity
    $499,900
    2,645 SF
    Port Isabel 5-Plex Investment Opportunity

    Fully occupied 5-unit property near South Padre Island beaches.

    510 S Musina, Port Isabel, TX 78578

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    El Paso Vacant Residential Land
    $95,172
    0.21 Acres
    El Paso Vacant Residential Land

    9,270 sq ft vacant lot in established El Paso neighborhood.

    4936 Titanic Avenue, El Paso, TX 79904

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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
    4,500 SF
    Value Estimation by Request

    106 Corral St, South Padre Island, TX 78597

    View details
    102 Atol St
    Multifamily properties
    Value Estimation by Request

    102 Atol St, South Padre Island, TX 78597

    View details
    129 Gardenia St
    Multifamily properties

    129 Gardenia St, South Padre Island, TX 78597

    View details
    5312 Gulf Blvd
    Multifamily properties
    Value Estimation by Request

    5312 Gulf Blvd, South Padre Island, TX 78597

    View details
    112 Dolphin Ln
    Multifamily properties
    3,506 SF
    Value Estimation by Request

    112 Dolphin Ln, South Padre Island, TX 78597

    View details

    South Padre Island, TX Apartment Buildings Market Trends and Statistics

    Explore 7 apartment buildings for sale in South Padre Island, TX on our real estate platform. These investment opportunities span a total of 25,486 square feet of properties for sale, with an estimated market value of $11,830,000.

    Sale prices for two-family homes in South Padre Island, TX start at $1,880,000, averaging $5,915,000, and reaching up to $9,950,000 — 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 $4.3M

    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)

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