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6-Unit Apartment Building
For Sale
$1,880,000

5712 Padre Blvd., South Padre Island, TX 78597

Residential Income, South Padre Island, TX

Property Size3,886 SF
Lot Size0.26 Acres
Price / SF$483.79
Days on Market191

Property Features for 5712 Padre Blvd.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5
Patio and Porch features Deck
Interior features Cabinets-Manufactured, Ceiling Fan(s), Smoke Detector, Unfurnished, Washer/Dryer Hook-up
Exterior features Deck
Appliances Cook-Top, Stove, Washer/Dryer
Subdivision Fiesta Isles
Lot features Gulf Interior, Padre Blvd Frontage
Elementary school district Point Isabel ISD
Middle school district Point Isabel ISD
High school district Point Isabel ISD
Standard status Active
Size 3,886 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6546

Building Details

Year built 1981
Floors in Building 2
Number of units 6
Flooring type Tile
Building materials Block, Stucco
Roof type Flat
Listing Agency: Palm Breeze Real Estate LLC
Listed By: Tony Altermatt · License #0691496
Added: Feb 13 Changed: Aug 20 Last Checked: Aug 23 at 9:06AM
MLS# 104872

Copyright © 2026 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,886-square-foot apartment property contains six one-bedroom, one-bath residences that are fully rented. The building was constructed in 1981 with block and stucco materials, a flat roof, tile flooring, and an elevated position above Padre Blvd. Interior features include manufactured cabinets, ceiling fans, smoke detectors, and washer/dryer hookups. The apartments are unfurnished and include cooktops, stoves, and washers/dryers, while a deck provides exterior amenity space.

The property occupies a 0.2556-acre double-sized corner lot at 5712 Padre Blvd. in South Padre Island, Texas. Commercial zoning is designated C. Recent upgrades are noted throughout the residential units, which offer a one-bedroom and one-bath layout suitable for the existing apartment configuration.

Key Highlights

  • 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

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store Grocery & Convenience Store Bakery Nail Salon

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

320
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Commercially zoned property with six fully rented one-bedroom apartments and recent upgrades.
Where is this apartment building located?
The property is located at 5712 Padre Blvd. South Padre Island, TX.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 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
More about this property
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