NOT LISTED FOR SALE

406 Padre Blvd Unit 504 South Padre Island, TX 78597

Estimated Value: $490,000 - $724,000

2 Beds
2 Baths
1,379 Sq Ft
$491/mo HOA Fee

Last Sold May 05, 2025

Current estimated payment $4,081/month

56 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Gated Community
  • Tennis Courts
  • Heated Pool
  • Furnished
  • Balcony

About This Home

As of May 2025

Experience breathtaking Gulf views from this smartly updated 2B/2B condo in the highly sought-after Saida Towers. This beachfront retreat offers a spacious open concept living space with floor-to-ceiling windows, a spacious balcony, and a well-appointed kitchen perfect for entertaining. Whether you're looking for a vacation home, investment property, or full-time coastal retreat, this condo offers the perfect blend of luxury and relaxation. This unit is fully furnished with contemporary dcor and has convenient access to community amenities like 3 pools (one heated), a tiki bar, shuffleboard courts, and direct beach access. Whether you're looking for a vacation retreat or a year-round getaway, this condo offers the perfect blend of comfort, style, and tranquility by the sea.

Last Agent to Sell the Property

Norma Turkington

RE/MAX Elite Brokerage Email: 9564335648, remaxelitepi@gmail.com License #TREC #0570524 Listed on: 03/10/2025

RE/MAX Elite

Last Buyer's Agent

Diego Gonzalez

Pinnacle Realty Advisors License #0719294

Pinnacle Realty Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 366

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Flat Roof Shape
  • Combination Foundation
  • Built-Up Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,379 Sq Ft Home
  • Furnished
  • Window Treatments
  • Storage
  • Washer and Dryer
  • Tile Flooring
  • Gulf Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 6772800050050400

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, pest control, security
  • 81 Units
  • Saida Towers IV Community
  • Padre Beach Acres Subdivision
  • 9-Story Property

Recreation

  • Tennis Courts
  • Community Spa

Pet Policy

  • Pet Restriction: Pet Policy: Pets Allowed w/o Restrictions

Building Details

  • Insurance Expense $7,197

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,722

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Stories: 1
  • Attribution Contact: 9564335648, remaxelitepi@gmail.com
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Gated, Tennis Court(s), Water View, HOA
  • Road Frontage Type: Padre Blvd Frontage
  • Reso Furnished: Furnished
  • ResoLaundryFeatures: Washer/Dryer Hook-up
  • ResoLotFeatures: Less than 1 Acre
  • Lot Size Acres: 0.0084
  • View Type:Pond View: Water, Gulf View
  • ResoSecurityFeatures: 24 Hour Security
  • Co List Office Phone: 956-433-5648
  • MLS Status: Closed
  • Subdivision Name: Padre Beach Acres
  • ResoBuildingAreaSource: CCAD
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 1379
  • Efficiency: None
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Condominium
  • Reso Window Features: Window Treatments
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: High Speed Internet, All Bedrooms Same Level, Storage, Elevator
  • Flooring: Tile
  • Appliances: Dishwasher, Refrigerator, Stove, Washer/Dryer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 9

Exterior Features

  • Exterior Features: Balcony
  • Roof: Built-Up, Flat
  • Horse: No
  • Pool Features: Heated, Outdoor Pool
  • View: Yes
  • Waterfront Features: Gulf Front
  • Waterfront: Yes
  • Disclosures: Seller's Disclosure
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Foundation Details: Combination, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected, Sewer Connected, Phone Available, Water District
  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Fee: 491
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Policy: Pets Allowed w/o Restrictions

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Pest Control, Security

Schools

  • Junior High Dist: Point Isabel ISD

Lot Info

  • Lot Size Sq Ft: 365.904
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 6772800050050400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7722.17

Multi Family

  • Number Of Units In Community: 81
  • Insurance Expense: 7197.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Apr 30, 2025
Sold by
Saida 4504 Llc
Bought by
Grupo Penatrev Inc
Seller's Agent
Norma Turkington
RE/MAX Elite
Buyer's Agent
Diego Gonzalez
Pinnacle Realty Advisors
List Price
$510,000
Views
1
Current Estimated Value
$553,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.93%

Purchase Details

Closed on
Oct 19, 2024
Sold by
Aletty Ashok and Aletty Veena
Bought by
Saida 4504 Llc

Purchase Details

Closed on
Jun 26, 2017
Sold by
Phelps Dennis L and Phelps Deborah L
Bought by
Aletty Ashok and Aletty Veena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2008
Sold by
Chien Shinchi
Bought by
Phelps Dennis L and Phelps Deborah L

Purchase Details

Closed on
Aug 29, 2005
Sold by
Resendez Francisco Javier Hermosillo and De Hermosillo Rosa Maria Gonzales Cantu
Bought by
Chien Shinchi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grupo Penatrev Inc -- Edwards Abstract & Title
Saida 4504 Llc -- None Listed On Document
Aletty Ashok -- Stewart Title Company
Phelps Dennis L -- Dba Cameron Cnty Title Co
Chien Shinchi -- Dba Cameron County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aletty Ashok $228,500
Previous Owner Chien Shinchi $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold -- -- --
03/10/2025 03/10/25 For Sale $510,000 -- $370 / Sq Ft
Source: South Padre Island Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $7,850 $473,574 $34,779 $438,795
2024 $7,850 $480,768 $34,779 $445,989
2023 $8,489 $495,153 $34,779 $460,374
2022 $6,304 $332,688 $31,465 $301,223
2021 $5,262 $261,618 $30,429 $231,189
2020 $5,435 $268,418 $30,429 $237,989
2019 $5,610 $271,671 $30,281 $241,390
2018 $5,676 $275,069 $30,281 $244,788
2017 $5,702 $278,470 $30,281 $248,189
2016 $5,841 $285,270 $30,281 $254,989
2015 $5,830 $288,669 $30,281 $258,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Padre Island Board of REALTORS®

MLS Number: 103451

South Padre Island Board of REALTORS®

APN: 677280-0050-050400