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Multifamily Condo Portfolio
New
For Sale
$1,105,000

3506 Cove View Boulevard, Galveston, TX 77554

Condo portfolio with pool and fitness center access, situated a short walk from the beach.

Property Size5,175 SF
Price / SF$213.53
Days on Market2

Property Features for 3506 Cove View Boulevard

General Information

Standard status Active
Size 5,175 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/1BA, 2 x 1BR/1BA, 1 x efficiency
Multifamily Units 7

Amenities

community pool
fitness center
Yes
1
2
Appraiser
732
5175

Building Details

Building Size 5,175 SF
Year Built 1983
Stories 1
Listing Agency: Berkshire Hathaway HomeServices Premier Properties
Listed By: G.G. Corporate Connect
Source: Garygreene
Added: Sep 6 Last Checked: Sep 6 at 2:43PM

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 Berkshire Hathaway HomeServices Premier Properties

Investment Insights

Based on property information with market context.

This multifamily condominium portfolio is located at The Palms and includes income-producing residential units within a community offering a pool and fitness center. The property was built in 1983, with a reported total property size of 5,175 square feet.

The offering is positioned at 3506 Cove View Boulevard in Galveston, a short walk from the beach. Current tenancy includes two month-to-month leases and five one-year leases, combining existing occupancy with differing lease-term flexibility.

Key Highlights

  • Income‑producing condo portfolio at The Palms
  • Community pool and fitness center
  • Short walk from the beach

Property Analytics

Current Use

Ready Set Go ... Freight Service Mare Blu Unit Hotel & Motel Sandpiper Stay Hotel & Motel The Sea la Vie Hotel & Motel Paix Bleu Too Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Nail Salon Bakery

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

Demographics for 77554, TX

8,961
Population
10,516
Households
0.9
Avg Household Size
53
Median Age
49%
College-Educated
96%
High-School Grad
31.1 sq mi
ZIP Area
288
Density / Sq Mi
$87,093
Median Household Income
$49,471
Median Earnings
$1,449
Median Rent
$430,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Condo portfolio with pool and fitness center access, situated a short walk from the beach.
Where is this multifamily property located?
The property is located at 3506 Cove View Boulevard Galveston, TX.
What is the asking price?
The asking price for this property is $1,105,000.
What are key features of this property?
This property features: Income‑producing condo portfolio at The Palms; Community pool and fitness center; Short walk from the beach
More about this property
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