901 Padre Blvd South Padre Island, TX 78597
For Sale
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This exceptional 50-room bayfront hotel presents a lucrative investment opportunity in the thriving South Padre Island, Texas market. Built in 2000, the property boasts a prime location offering convenient access to the beach and numerous retail establishments within walking distance. The hotel's strategic placement within a high-traffic area ensures consistent occupancy and strong revenue generation. South Padre Island's 34-mile coastline, coupled with its diverse attractions, including world-class water sports, an entertainment district, and a variety of restaurants, creates a robust tourism market. This drive-to-beach destination attracts a large number of visitors annually, making this hotel a highly desirable asset. The asking price for this turnkey operation is $4,500,000. The hotel's proximity to the beach and local amenities, combined with the area's strong tourism appeal, positions it for continued success and significant return on investment. This is a rare chance to acquire a well-established hotel in a highly sought-after location. The property is situated at 901 Padre Blvd., South Padre Island, TX 78597, in Cameron County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.
