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    South Padre Island, TX Multifamily Properties for Sale

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    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
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    Modern Coastal Triplex
    Updated: Aug 11
    Modern Coastal Triplex

    106 ACAPULCO ST., South Padre Island, TX 78597

    $755,000
    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
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    Four-Unit Quadplex
    Four-Unit Quadplex

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

    $1,100,000
    2,116 sqft 0.03 AC lot

    Built in 2023 with furnished interiors, balconies, patios, decks, and gated exterior access.

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    See what stands out in Cameron County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

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    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.

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    Beach-Access Duplex
    Beach-Access Duplex

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

    $675,000
    2,282 sqft 0.14 AC lot

    Furnished residential property with a fenced yard, attached garage, deck, patio, and on-site storage.

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    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.

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    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.

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    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.

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    Furnished 3-Unit Triplex
    Furnished 3-Unit Triplex

    201 W Hibiscus St., South Padre Island, TX 78597

    $795,000
    3,503 sqft 0.14 AC lot

    Each residence has a private entrance, while decks and a fenced yard provide outdoor space.

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    Remodeled Up/Down Duplex
    Remodeled Up/Down Duplex

    129 E Esperanza St, South Padre Island, TX 78597

    $720,000
    2,296 sqft

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

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    Remodeled Furnished Triplex
    Remodeled Furnished Triplex

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

    $1,500,000
    3,452 sqft 0.14 AC lot

    Three updated rental units feature modern kitchens, bathrooms, and furnished interiors for flexible residential use.

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    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.

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    Triplex with Heated Pool
    Triplex with Heated Pool

    106 W Acapulco St, South Padre Island, TX 78597

    $747,500
    2,159 sqft

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

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    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.

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    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.

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    Renovated 5-Unit Apartment Building
    Renovated 5-Unit Apartment Building

    107 W Mars Lane, South Padre Island, TX 78597

    Contact for pricing
    2,962 sqft

    Two-story coastal multifamily property with updated interiors, bay views, a balcony, and two garages.

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    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.

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    Two-Unit Duplex with Rooftop Deck
    Two-Unit Duplex with Rooftop Deck

    A-b-122 E Whiting St, South Padre Island, TX 78597

    $625,000
    1,560 sqft

    Two private residences offer flexible living arrangements near South Padre Island beaches, dining, nightlife, and local attractions.

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    Refreshed Quadplex with Balconies
    Refreshed Quadplex with Balconies

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

    $995,000
    5,240 sqft

    Four condo residences feature tile floors, patios, assigned parking, and in-unit washer and dryer equipment.

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    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.

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    Beachside Duplex with Rooftop Deck
    Beachside Duplex with Rooftop Deck

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

    $625,000
    1,560 sqft 0.12 AC lot

    Two furnished-style residential units offer flexible rental use near beaches, dining, nightlife, and island attractions.

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    Fourplex Residential Income Property
    Fourplex Residential Income Property

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

    Contact for pricing

    Four well-appointed 2-bedroom, 2-bath units with granite counters, stainless appliances, tile flooring, and a shared pool.

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    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

    MF-zoned triplex with furnished interiors, private outdoor areas, and short-term rentals allowed.

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    South Padre Island, TX Multifamily Properties Market Trends and Statistics

    Explore 36 multifamily properties for sale in South Padre Island, TX, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 84,081 square feet of properties for sale, with an estimated market value of $24,957,400.

    Sale prices for multifamily properties in South Padre Island, TX start at $599,000, averaging $998,296, 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

    Short term rental properties 15
    Duplexes 14
    Quadplexes 6
    Triplexes 6
    Apartment buildings 2

    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 $1.4M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cameron County

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