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Property profile & analytics
OFF-MARKET
Land

112 Parade Dr South Padre Island, TX 78597

Property ID
Property summary
AI-generated overview

This exceptional 9,147.164 square foot residential land parcel is situated at 112 Parade Drive, South Padre Island, Texas, 78597. Located in Cameron County, this property presents a rare opportunity for discerning buyers. Its prime location offers unparalleled proximity to the beach – only three lots away! The expansive lot size provides ample space for the construction of a substantial residence, taking full advantage of the desirable South Padre Island lifestyle. Given the limited availability of buildable land in this highly sought-after area, this property represents a unique investment prospect. The address is precisely 112 Parade Drive, offering easy access to the area's amenities and attractions. This is a chance to secure a piece of South Padre Island's coveted beachfront real estate, perfect for building a primary residence, vacation home, or a lucrative rental property. The property's size and location make it an ideal investment for those seeking a piece of paradise in a thriving coastal community. The latitude and longitude coordinates are 26.2603765, -97.2437105, respectively, for precise location verification. This is one of the last remaining opportunities to build in this area, making it a truly exceptional investment. The asking price for this remarkable property is $390,000.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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