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Multifamily Property with Shared Patio
For Sale
$1,100,000

1-4-110 E Pike St, South Padre Island, TX 78597

Occupied units offer individual utility metering and access to a shared outdoor gathering area.

Property Size3,350 SF
Price / SF$328.36
Days on Market160

Property Features for 1-4-110 E Pike St

General Information

Standard status Active
Size 3,350 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $16,098
Listing Agency: McNabb & Co. Real Estate Services
Listed By: Vanessa Tillman · License #0604202
Source: Exprealty
Added: May 11 Changed: Oct 11 Last Checked: Oct 16 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McNabb & Co. Real Estate Services

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,350-square-foot multifamily property includes units with two bedrooms, two full bathrooms, walk-in showers, ample closet space, and kitchen appliances that convey with the sale. Separate water and electric meters serve each unit, while residents share a patio area. Occupancy is in place across the property.

The property is within walking distance of the beach, restaurants, and local attractions on South Padre Island. Unit 2 can be shown with 48 hours’ notice.

Key Highlights

  • 3,350‑square‑foot multifamily property with occupied units
  • Each unit includes 2 bedrooms and 2 full bathrooms
  • Walk‑in showers and ample closet space in every unit

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Locksmith Storage Facility Auto Repair Shop Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 78597, TX

2,479
Population
5,895
Households
0.4
Avg Household Size
56
Median Age
53%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
282
Density / Sq Mi
$61,357
Median Household Income
$36,843
Median Earnings
$1,421
Median Rent
$508,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Occupied units offer individual utility metering and access to a shared outdoor gathering area.
Where is this multifamily property located?
The property is located at 1-4-110 E Pike St South Padre Island, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,350‑square‑foot multifamily property with occupied units; Each unit includes 2 bedrooms and 2 full bathrooms; Walk‑in showers and ample closet space in every unit
More about this property
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