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South Padre Island, TX

Multifamily

South Padre Island, TX Multifamily Properties for Sale

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Port Isabel, TX Laguna Heights, TX Laguna Vista, TX Los Fresnos, TX Bayview, TX Olmito, TX Lozano, TX Rancho Viejo, TX

23 properties

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Modern Coastal Triplex

Updated: Aug 11

Modern Coastal Triplex

106 ACAPULCO ST., South Padre Island, TX 78597

$747,500

2,159 sqft 0.14 AC lot

2,159‑square‑foot triplex built in 2023
Three living spaces: one 2‑bedroom, 2‑bath residence and two 1‑bedroom, 1‑bath units
Private balcony with Laguna Madre and bay views
Shared saltwater pool with outdoor restroom
Two attached units each include a washer and dryer

Duplex with Multiple Balconies

Updated: Jul 21

Duplex with Multiple Balconies

129 E Gardenia Street, South Padre Island, TX 78597

$599,000

2,625 sqft 0.14 AC lot

Two‑unit duplex with 2,625 square feet of total property size
Each unit includes 3 bedrooms, 2 full bathrooms, and a full kitchen
Three balconies provide outdoor space across the property
Large backyard on a 0.1435‑acre lot with mature trees
Built in 1970 with siding exterior and composition roof

4-Unit Bayfront Quadplex

4-Unit Bayfront Quadplex

205 W Kingfish St., South Padre Island, TX 78597

$1,100,000

2,116 sqft 0.03 AC lot

The residences include private patios or balconies, in-unit washers and dryers, and updated kitchens and bathrooms.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Furnished Duplex with Rental Income

Furnished Duplex with Rental Income

210 W Gardenia, South Padre Island, TX 78597

$585,000

1,368 sqft

Bayside island duplex combining furnished units, flexible rental arrangements, upgraded interiors, and outdoor deck space.

Duplex Near Beach Access

Duplex Near Beach Access

126 E Carolyn Dr., South Padre Island, TX 78597

$675,000

2,282 sqft 0.14 AC lot

Furnished interiors, an attached garage, and patio and deck areas are among the property’s existing features.

Two-Unit Duplex with Private Pools

Two-Unit Duplex with Private Pools

128 E Saturn Lane, South Padre Island, TX 78597

$2,690,000

6,820 sqft 0.07 AC lot

Under-construction duplex with water-view decks, entertainment areas, and no HOA restrictions.

Duplex with Three Balconies

Duplex with Three Balconies

129 E Gardenia St., South Padre Island, TX 78597

$599,000

2,625 sqft 0.14 AC lot

Each residence has a full kitchen, three bedrooms, and two full bathrooms.

Triplex with Heated Pool

Triplex with Heated Pool

106 Acapulco St., South Padre Island, TX 78597

$755,000

2,159 sqft

Three residences include a larger main home and two private one-bedroom units, supported by outdoor amenities and island access.

Four-Unit Beach-Area Quadplex

Four-Unit Beach-Area Quadplex

110 E Pike St., South Padre Island, TX 78597

$1,100,000

3,350 sqft 0.03 AC lot

Fully occupied property with separately metered utilities, assigned parking, and shared patio access.

Two-Unit Duplex With Pool

Two-Unit Duplex With Pool

102 E Whiting St., South Padre Island, TX 78597

$1,899,900

3,534 sqft 0.12 AC lot

The duplex includes tile flooring, quartz waterfall countertops, and a rear pool with gazebo.

Remodeled Furnished Duplex with Pool

Remodeled Furnished Duplex with Pool

202 W Cora Lee Dr., South Padre Island, TX 78597

$900,000

2,363 sqft

Two-unit property includes separate living spaces, appliances, a balcony, and a one-car garage.

Triplex with Pool

Triplex with Pool

102 E Atol St., South Padre Island, TX 78597

$1,400,000

3,452 sqft 0.14 AC lot

Three furnished residences feature separate kitchens and bathrooms, with outdoor space for occupants to enjoy.

6-Unit Apartment Building

6-Unit Apartment Building

5712 Padre Blvd., South Padre Island, TX 78597

$1,880,000

3,886 sqft 0.26 AC lot

Commercially zoned property with six fully rented one-bedroom apartments and recent upgrades.

Multifamily Property with Shared Patio

Multifamily Property with Shared Patio

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

$1,100,000

3,350 sqft

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

Remodeled Duplex with Porch

Remodeled Duplex with Porch

129 E Esperanza Street, South Padre Island, TX 78597

$720,000

2,296 sqft 0.14 AC lot

Two residences include a two-bedroom lower unit and an upper apartment with a four-season porch.

Triplex with Heated Pool

Triplex with Heated Pool

125 E Huisache St., South Padre Island, TX 78597

$949,000

3,883 sqft 0.14 AC lot

Three residences offer private outdoor spaces, individual garages, and separate water and electric meters.

New Construction Four-Unit Quadplex

New Construction Four-Unit Quadplex

104 E Constellation Drive, South Padre Island, TX 78597

Contact for pricing

5,610 sqft

Four residential units combine three-bedroom layouts, updated interiors, stainless steel appliances, a pool, and private upper-level balconies.

Remodeled Duplex

Remodeled Duplex

129 E Esperanza St., South Padre Island, TX 78597

$720,000

2,296 sqft 0.14 AC lot

Two-unit residence near Gulf Boulevard with separate living areas, porches, a garage, and a fenced private yard.

Remodeled Up/Down Duplex

Remodeled Up/Down Duplex

129 E Esperanza Street, South Padre Island, TX 78597

Contact for pricing

2,296 sqft

Two separate residences include a ground-floor unit and an upper two-story apartment with a four-season porch.

Multifamily Property with Pool

Multifamily Property with Pool

104 E Oleander St., South Padre Island, TX 78597

$625,000

3,125 sqft 0.14 AC lot

A covered patio, privacy-fenced yard, and attached garage add useful exterior and parking features.

Water-View Duplex

Water-View Duplex

203 W Esperanza St., South Padre Island, TX 78597

$769,000

2,339 sqft 0.14 AC lot

Five-bedroom, three-bath property with an open layout, stainless appliances, granite counters, attached garage, and wetlands and bay views.

Triplex With Bay Views

Triplex With Bay Views

111 W Marisol Dr., South Padre Island, TX 78597

$769,000

3,184 sqft 0.11 AC lot

Short-term rentals are permitted, and each unit has washer and dryer hookups.

Duplex with Private Pool

Duplex with Private Pool

112 E Dolphin Lane, South Padre Island, TX 78597

$1,100,000

3,506 sqft 0.11 AC lot

Modern two-unit property with coastal-oriented amenities, updated interiors, and a walkable setting near beach-area conveniences.

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in South Padre Island, TX, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

Off-Market Properties in South Padre Island, TX

Consider similar Off-Market properties in South Padre Island, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

106 Corral St

Multifamily properties

106 Corral St, South Padre Island, TX 78597

Estimated value: by Request

4,500 sqft

South Padre Island, TX Multifamily Properties Market Trends and Statistics

Explore 31 multifamily properties for sale in South Padre Island, TX, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 70,624 square feet of properties for sale, with an estimated market value of $21,682,400.

Sale prices for multifamily properties in South Padre Island, TX start at $585,000, averaging $1,032,495, and reaching up to $2,690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,881

Population Growth (5Y) +1.5%

Median Household Income $61,357

College Educated 79.0%

High-Yield Neighborhoods for Investment

Identify South Padre Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
78597	$1M

Taxes & Financing

Tax Rate (average for all types) 1.29%

Property Tax per SF $3.62 per SF

Tax Rate vs County Average 0.52 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cameron County

New Delisted

Total CRE Inventory on Market (SF)

How Realmo verifies these figures

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Most Searched ZIP Codes in South Padre Island, TX

78597

Featured South Padre Island Real Estate Agencies

Realmo connects you with licensed South Padre Island CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Troy Giles Realty and Management

5813 Padre Boulevard South Padre Island, TX 78597

Phone: (956) 761-2040

www.tgreo.com

Franke Realtors, INC.

PO Box 2108 South Padre Island, TX

Phone: (956) 761-2606

www.frankerealtors.com

NextHome on the Coast

P.O. Box 3062 South Padre Island, TX

Phone: (956) 299-3695

www.clicksouthpadreislandhomes.com

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