Turnkey Resort and Beach
3616 Gulf Blvd South Padre Island, TX 78597
3616 Gulf Blvd, South Padre Island, TX, 78597
Contact for pricing
For Sale
Contact for pricing
Pending
Turnkey resort and café offering hotel meeting space for up to 30 and an on-site in-house laundry facility.
Days on Market104
Property Features for 3616 Gulf Blvd
General Information
- Standard status
- Pending
- Property subtype
- Hospitality, Office
Listing agency
Troy Giles Realty
Listed by
Troy Giles · License #183902-B
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 11:56AM Checked: Jul 21 at 11:56AM
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 Troy Giles Realty
Investment Insights
Based on property information with market context.
The Palms Resort and Café on the Beach is being offered as a turnkey hospitality sale with operating supplies, inventory, furniture, fixtures, and equipment included in the purchase price. Following a recent two-story addition, the resort features meeting facilities for up to 30 persons, along with an attractive lobby/gift shop, administrative area, maintenance area, and an in-house laundry facility with storage for housekeeping supplies.
In addition to the hotel operations, the Café on the Beach is part of the enterprise, generating a majority of the revenue and net profit for the café business within the overall operation. The property is managed by an on-site manager, and both entities are supported by experienced, long-term employees.
A financial summary is available for qualified investors or owner/operators, with more detailed financials provided upon execution of a Confidentiality Agreement. A broker is requested prior to any visit to the property.
In addition to the hotel operations, the Café on the Beach is part of the enterprise, generating a majority of the revenue and net profit for the café business within the overall operation. The property is managed by an on-site manager, and both entities are supported by experienced, long-term employees.
A financial summary is available for qualified investors or owner/operators, with more detailed financials provided upon execution of a Confidentiality Agreement. A broker is requested prior to any visit to the property.
Key Highlights
- 2018 results: nearly $2.3M revenue with $591,900 net profit.
- The Palms Resort includes hotel meeting facilities for up to 30 persons plus lobby/gift shop, administrative and maintenance areas.
- In‑house laundry facility with storage for housekeeping supplies is included on‑site.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Resort - Turnkey resort and café offering hotel meeting space for up to 30 and an on-site in-house laundry facility.
Where is this resort located?
The property is located at 3616 Gulf Blvd South Padre Island, TX.
What are key features of this property?
This property features: 2018 results: nearly $2.3M revenue with $591,900 net profit.; The Palms Resort includes hotel meeting facilities for up to 30 persons plus lobby/gift shop, administrative and maintenance areas.; In‑house laundry facility with storage for housekeeping supplies is included on‑site.
