112 Parade Dr South Padre Island, TX 78597
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.