$450,000
$5K PRICE DROP

500 Padre Blvd Unit 509 South Padre Island, TX 78597

Estimated payment $3,430/month

Total Views 13,197
2 Beds
2 Baths
1,058 Sq Ft
$425 Price per Sq Ft

Highlights

  • Room Service
  • Heated Pool
  • Tennis Courts
  • Property fronts gulf or ocean
  • Furnished
  • Meeting Room

About This Home

Virtual Tours - bit.ly/sit509 This beachfront condo is a rare south corner unit, offering ocean views & lots of natural light. From the living area & the south-facing side of the balcony, you'll have a view of the SpaceX site, making this a perfect spot to gather for rocket launches. The spacious open-concept layout includes a large utility room with washer/dryer connections, adding convenience for full-time living or extended stays. Both bedrooms offer generous closet space, and both bathrooms have been beautifully updated. As part of a the Isla Grand Beach Resort, you'll have access to two pools, a tennis court, a gym, and a game room. A seasonal poolside bar creates a lively atmosphere, while the on-site restaurant, nightclub, coffee shop, and gift shop ensure entertainment and essentials are always within reach. Whether you're seeking a vacation getaway, an investment property, or a permanent beachfront home, this condo delivers location, views, and resort-style living.

Listing Agent

Dina Rich

Keller Williams Realty LRGV - SPI Brokerage Email: 9567611400, kwlrgvspi@gmail.com License #TREC #0630709 Listed on: 02/06/2025

Keller Williams Realty LRGV - SPI

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,764

Year Built

  • Built in 1979 | Remodeled

HOA Fees

  • $480 Monthly HOA Fees

Interior Spaces

  • 1,058 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Gulf Views
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Assigned Parking
  • Unassigned Parking

Pool

  • Heated Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 6776300000450900

Community Details

Overview

  • Association fees include cable TV, internet, maintenance structure, ground maintenance, on-site manager, pest control, security, sewer, trash, water
  • 91 Units
  • Sea Island Tower Community
  • Padre Beach Acres Subdivision
  • 12-Story Property

Amenities

  • Room Service
  • Housekeeping Services
  • Restaurant
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Spa

Pet Policy

  • Pet Restriction: Pet Restrictions, Pet Policy: Pets Allowed w/Restrictions, 50lbs Max, No Agressive Breeds

Building Details

  • Insurance Expense $1,826

Security

  • Front Desk in Lobby
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,764

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Stories: 1
  • Attribution Contact: 9567611400, kwlrgvspi@gmail.com
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Front Desk, Maid Service, Meeting/Conference Room, Restaurant, Room Service, Tennis Court(s), Water View, HOA
  • Reso Furnished: Furnished
  • ResoLaundryFeatures: Washer/Dryer Hook-up
  • ResoLotFeatures: Less than 1 Acre
  • View Type:Pond View: Water, Gulf View
  • Co List Office Phone: 956-761-1400
  • MLS Status: Active
  • Subdivision Name: Padre Beach Acres
  • ResoBuildingAreaSource: CCAD
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 1058
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Condominium
  • Reso Window Features: Window Treatments, Storm Window(s)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cabinets-Custom, Ceiling Fan(s), Elevator
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony
  • Horse: No
  • Pool Features: Heated, Outdoor Pool
  • View: Yes
  • Waterfront Features: Waterfront, Gulf Front
  • Waterfront: Yes
  • Disclosures: Seller's Disclosure
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Covered, Unassigned

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 480
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Pet Policy: Pets Allowed w/Restrictions, 50lbs Max, No Agressive Breeds

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, On-Site Manager, Pest Control, Security, Sewer, Trash, Water

Schools

  • Junior High Dist: Point Isabel ISD

Lot Info

  • Parcel Number: 6776300000450900

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6764

Multi Family

  • Number Of Units In Community: 91
  • Insurance Expense: 1826

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

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 $6,799 $414,318 $23,035 $391,283
2024 $6,799 $416,419 $23,035 $393,384
2023 $8,485 $494,913 $23,035 $471,878
2022 $6,197 $327,019 $13,437 $313,582
2021 $5,346 $265,831 $13,437 $252,394
2020 $5,463 $269,773 $13,437 $256,336
2019 $5,733 $277,661 $13,437 $264,224
2018 $5,811 $281,606 $13,437 $268,169
2017 $4,609 $225,121 $13,437 $211,684
2016 $4,671 $228,145 $13,437 $214,708
2015 $4,675 $231,168 $13,437 $217,731
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $450,000 -1.1% $425 / Sq Ft
02/06/2025 02/06/25 For Sale $455,000 -- $430 / Sq Ft
Source: South Padre Island Board of REALTORS®

Source: South Padre Island Board of REALTORS®

MLS Number: 103269

South Padre Island Board of REALTORS®

APN: 677630-0000-450900

Texas Cameron County South Padre Island 78597

500 Padre Blvd Unit 509, South Padre Island, TX

This home is located at 500 Padre Blvd Unit 509, South Padre Island, TX 78597 and is currently priced at $450,000, approximately $425 per square foot. This property was built in 1979. 500 Padre Blvd Unit 509 is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Padre Island Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Dina Rich
Listing Agent
Dina Rich
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Keller Williams Realty LRGV - SPI
(956) 649-8591