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South Padre Island Multifamily Investment

5712 Padre Blvd., South Padre Island, TX 78597

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For Sale

$1,880,000

MULTI_FAMILY - South Padre Island, TX

Property size:

3,886 SF

Lot size:

0.26 Acres

Price / SF:

$483/SF

HighLights

6 fully rented 1‑bedroom/1‑bath apartments in a concrete block building
More than 11,000 sq ft on a double‑sized corner lot on Padre Blvd (South Padre Island)
Concrete block construction with stucco exterior and a flat roof
Elevated above Padre Blvd
Unit and interior features include manufactured cabinets, ceiling fans, smoke detector, and washer/dryer hook‑up
Includes cook‑top, stove, and washer/dryer plus deck/patio deck exterior features

We can help!

Contact an agent

Tony Altermatt

For Sale

$1,880,000

MULTI_FAMILY - South Padre Island, TX

Property size:

3,886 SF

Lot size:

0.26 Acres

Price / SF:

$483/SF

Added:: Feb 13, 2026
Days on Market:: 145
Last Refresh:: Jul 8 at 4:06 am

Property Features for 5712 Padre Blvd.

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: C
Bedrooms: 6
Bathrooms: 6
Rooms: Bedroom 2, Bedroom 6, Bathroom 5, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 6, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 4
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
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

We can help!

Contact an agent

Tony Altermatt

Listing agent Tony Altermatt License #0691496

Listing office Palm Breeze Real Estate LLC 5800 Padre Blvd, Ste 104, South Padre Island, TX

Listing date Feb 13, 2026

MLS# 104872 Listing URL

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.

HighLights

6 fully rented 1‑bedroom/1‑bath apartments in a concrete block building
More than 11,000 sq ft on a double‑sized corner lot on Padre Blvd (South Padre Island)
Concrete block construction with stucco exterior and a flat roof
Elevated above Padre Blvd
Unit and interior features include manufactured cabinets, ceiling fans, smoke detector, and washer/dryer hook‑up
Includes cook‑top, stove, and washer/dryer plus deck/patio deck exterior features

Overview

This multifamily property presents a rare investment opportunity, situated on a double-sized corner lot spanning over 11,000 square feet in a prime location on Padre Boulevard. The existing concrete block building is elevated above Padre Boulevard and contains 6 one-bedroom, one-bathroom apartments. These apartments are fully rented and feature modern amenities and recent upgrades, with a strong rental track record. The property's commercial zoning and generous lot size offer various development options, including adding more rental units or exploring alternative commercial ventures. The property size is 3,886 square feet and the lot size is 0.2556 acres. This property is located in South Padre Island, Texas.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: South Padre Island
County: Cameron
State: Texas
Longitude: -97.170744
Latitude: 26.1287873

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What type of property is this?

Apartment building - Rare investment opportunity on South Padre Island with commercial zoning.

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: 6 fully rented 1‑bedroom/1‑bath apartments in a concrete block building; More than 11,000 sq ft on a double‑sized corner lot on Padre Blvd (South Padre Island); Concrete block construction with stucco exterior and a flat roof

5712 Padre Blvd., South Padre Island, TX 78597

MULTI_FAMILY - South Padre Island, TX

Property Features for 5712 Padre Blvd.

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Coastal Retail Building

South Padre Island Duplex

South Padre Island Triplex

Recently Remodeled Up-Down Duplex

Modern Duplex Near South Padre Beach

Modern Duplex Near South Beach

Four-Unit Residential Income Property

South Padre Island Multi-Family Building

Ocean Side Duplex Investment Property

South Padre Island Commercial Property

Triplex with Private Decks

Remodeled Duplex Near Beach Access

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