5312 Gulf Blvd South Padre Island, TX 78597
This exceptional three-unit apartment building, located at 5312 Gulf Boulevard in South Padre Island, Texas, presents a lucrative investment opportunity. Built in 1982, this property boasts a prime beachfront location on the highly desirable Gulf Boulevard, offering significant rental income potential. The 5,999.95 square foot lot houses a single building encompassing three distinct units, each functioning as a self-contained condo with private access. Each unit features its own kitchen, living room, washer, and dryer. The first floor unit includes two bedrooms and two bathrooms
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
Similar Nearby for Sale
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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.