901 Padre Boulevard South Padre Island, TX $ 4,500,000
901 Padre Boulevard
$ 4,500,000
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901 Padre Boulevard

South Padre Island, TX, 78597
$ 4,500,000
Baths0.0 Sq 30,258

Monthly Estimate*

$ 29,908

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Studio

Commercial Property for sale in South Padre Island, TX

for $4,500,000. This 30,258 square foot building was built in 2000 on a lot size of 0.974.

Excellent opportunity to acquire a bay front 50 room hotel in a high traffic area of South Padre Island, TX. The hotel is a short distance to the beach, and is also in walking distance to quite a few retailers. The coastline is a 34 mile long beach and has several extensive nature tourism market drivers, world-class wind and water recreational activities, an entertainment district, and local restaurants. South Padre Island, TX, is located in the southern part of the state and is a popular drive-to-beach destination for travelers.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 32,782

Style

Commercial

Lot Size

0.974

Year Built

2000

Town/City

South Padre Island

County/Region

Cameron

MLS | Web ID

413171

Features
General
Interior Features Storage
Heating Central
Cooling Central Air Wall Unit(s) Window Unit(s)
Possession Closing and Funding Subject to Tenant Rights
Roof Flat
Appliances Water Heater (Other Location)
Garage Spaces 52
Pool Features Community Outdoor Pool
Construction Materials Stucco
Year Built 2000
Property SubType Commercial
Tax Year 2023
Current Use Hotel/Motel
Waterfront Features Waterfront
Accessibility Handicap Access
County Cameron
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Padre Beach Acres
Garage Y/N Yes
Building Features Elevator Restrooms-Private Restrooms-Public
Status Active
Directions Go North on Padre Blvd after exiting the causeway. The hotel is a little under half a mile down the road on your left hand side.
City South Padre Island
Lot Size Units Square Feet
Lot Size Square Feet 42427.0044
Waterfront Y/N Yes
Carport Spaces 0
Carport Y/N No
Street Name Padre
Spa Features Heated
Tax Annual Amount 32782
Home Warranty Y/N No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Grounds None
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Interior
Flooring Carpet Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Boulevard
Retail SqFT 30258
Warehouse SqFt 0
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Exterior
Parking Features Off Street
Total Parking 52
Lot Size Area 42427.0044
Building Area Total 30258
Lot Size Acres 0.974
Road Surface Type Paved Road
Frontage Type Waterfront
Covered Spaces 52
Road Frontage Type City Street State Road
Open Parking Y/N Yes
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* Excluded Features
List By
Ryan J. McDaniel

Listing Agent

Effective Real Estate

Broker

effective@myagentrgv.com

Email

Affordability Calculator

$32,640
Per Month
92%
8%
0%
Monthly Principal & Interest
$29,908
Monthly Property Taxes
$2,732
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057399 Elementary School
3057620 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2024$4,500,000 -10.00% Price Down
9/2/2023$5,000,000 Listed Price

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901 Padre Boulevard, South Padre Island, TX, 78597 is a Commercial Property for sale at $4,500,000 with 30,258 sqft and a lot size of 0.974. 901 Padre Boulevard is a studio with 0.0 baths and was built in 2000. The property's zip code is 78597 which is in South Padre Island, TX