$1,300,000
$200K PRICE DROP

112 E Dolphin St South Padre Island, TX 78597

Estimated payment $8,111/month

Total Views 5,064
-- Bed
-- Bath
3,506 Sq Ft
$371 Price per Sq Ft

Highlights

  • In Ground Pool
  • No HOA
  • Laundry closet
  • High Ceiling
  • Patio
  • Tile Flooring

About This Home

Exceptional investment opportunity! This modern 2-story duplex, located in the heart of South Padre Island's entertainment district, offers unparalleled potential for short-term rentals. Each fully furnished unit boasts 3 bedrooms, 2.5 baths, two floors of contemporary design, and upscale finishes. With a private pool and easy walking access to the beach, it’s the ideal Airbnb option. Seize the trend of vacation rentals with this income-generating gem, perfectly suited for versatile accommodation options, whether for rental income, personal use, or both. Thoughtfully designed with modern comforts, this duplex ensures a luxurious and enjoyable stay for all guests. This property delivers on all fronts! Take advantage of this opportunity to own a prime property in South Padre Island’s thriving rental market!

Listing Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 10/23/2024

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 2023

Lot Details

  • 5,000 Sq Ft Lot
  • Wood Fence

Parking

  • No Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Port Isabel Elementary School
  • Port Isabel Junior High
  • Port Isabel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 6764000630031000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • So Padre Is Padre Beach Subdivision

Building Details

  • Insurance Expense $500
  • Maintenance Expense $400
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,000

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Directions: From Padre Blvd turn right onto Dolphin St. Property will be on the left hand side.
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Road Surface Type: Paved
  • Subdivision Name: So Padre Is - Padre Beach
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 15000
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Dishwasher, Dryer, Refrigerator, Stove/Range-Electric Smooth
  • Flooring: Tile
  • Living Area: 3506

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Dryer, Washer
  • Fencing: Wood
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: Yes

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Port Isabel
  • High School: Port Isabel H.S.
  • Junior High Dist: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High

Lot Info

  • Lot Size Sq Ft: 4999.8168
  • Parcel #: 6764000630031000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11000

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 30000
  • Insurance Expense: 500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Price Changed $1,300,000 -13.3% $371 / Sq Ft
10/23/2024 10/23/24 For Sale $1,500,000 -- $428 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 452064

Greater McAllen Association of REALTORS®