Seller's Agent in 2022
Austin Jones
Keller Williams Houston Central
(281) 942-6576
167 Total Sales
Estimated Value: $840,032
Walking Distance to the Beach! This fully furnished 11 unit apartment complex with a beach house for a total of 12 units, has been converted from the Surfside Motel and is a complete rehab, entire building has been re-piped, on city sewer. The property consists of 3-Two Bedroom Units rent for $150/night, 1-One bedroom units rents for $150/night, and 7 Studios with full kitchenettes and baths rent for $125/night. The beach house is a 2 bedroom one and a half bathroom that sleeps eight, with HVAC, separate water & electric meters that's $250/night. Currently all units are almost all 100% booked and full. This property sits on 2 lots. Easy access off Blue Water Highway and surrounded by many restaurants, public beach access, and Surfside Jetty Park with public boat ramp. 9.1% Cap Rate. Already fully occupied with Airbnb residents. Make an offer today!
Last Agent to Sell the Property
Keller Williams Houston Central License #0703792 Listed on: 04/13/2022
Co-Listed By
Elisha Oldenkamp
License #0736239
Last Buyer's Agent
Nonmls
Houston Association of REALTORS
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahrked Holdings Llc | -- | Fidelity National Title | |
| Keller James | $100,000 | None Available | |
| Keller James | $500,000 | None Available | |
| Coral Thunder Llc | -- | Great American Title Co | |
| Coral Thunder Llc | -- | Great American Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Coral Thunder Llc | $100,000 | |
| Previous Owner | Coral Thunder Llc | $500,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | -- | -- | -- |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | Price Changed | $895,000 | -5.7% | $166 / Sq Ft |
| 04/13/2022 04/13/22 | For Sale | $949,500 | -- | $176 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,459 | $1,263,030 | $499,850 | $763,180 |
| 2023 | $11,459 | $606,600 | $529,250 | $77,350 |
| 2022 | $9,877 | $448,081 | $382,240 | $65,841 |
| 2021 | $4,074 | $175,260 | $122,510 | $52,750 |
| 2020 | $8,162 | $343,050 | $122,510 | $220,540 |
| 2019 | $8,458 | $343,050 | $122,510 | $220,540 |
| 2018 | $8,519 | $343,050 | $122,510 | $220,540 |
| 2017 | $14,191 | $570,200 | $122,510 | $447,690 |
| 2016 | $3,916 | $166,100 | $98,010 | $68,090 |
| 2015 | $3,906 | $166,100 | $98,010 | $68,090 |
| 2014 | $3,906 | $166,100 | $98,010 | $68,090 |
Seller's Agent in 2022
Austin Jones
Keller Williams Houston Central
(281) 942-6576
167 Total Sales
E
Seller Co-Listing Agent in 2022
Elisha Oldenkamp
N
Buyer's Agent in 2022
Nonmls
Houston Association of REALTORS
Source: Houston Association of REALTORS®
MLS Number: 45636835
APN: 8079-0007-000