$1,880,000

5712 Padre Blvd South Padre Island, TX 78597

Estimated payment $10,513/month

Total Views 43,829
6 Beds
6 Baths
3,886 Sq Ft
$484 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Tile Flooring
  • Ceiling Fan
  • Deck
  • Central Air
  • 3-minute walk to Turtle Park

About This Home

Welcome to this fantastic and rare investment opportunity! This unique property offers endless possibilities for lucrative investment ventures. Its prime location, double-sized corner lot in one of the best locations on Padre Blvd, offers more than 11,000 sq ft. This ample space opens unparalleled potential for expansion or repurposing. The existing building is concrete block construction, strategically elevated above Padre Blvd, houses 6 nicely-sized one bedroom / one bathroom fully rented apartments that boast modern amenities, many recent upgrades and a strong rental track record. The commercial zoning and generous lot size open doors for various development options, whether it's adding more rental units or exploring alternative commercial ventures. Seize this exceptional opportunity to make a mark in the thriving South Padre Island real estate market.

Listing Agent

Tony Altermatt

Palm Breeze Real Estate LLC Brokerage Email: 9564335333, Info@PalmBreezeRealEstate.com License #TREC #0691496 Listed on: 03/04/2025

Palm Breeze Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • Property fronts gulf or ocean

Home Design

  • Flat Roof Shape
  • Combination Foundation
  • Stucco

Interior Spaces

  • 3,886 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 190
  • Assessor Parcel Number 6716001900017000

Community Details

Overview

  • 6 Units
  • Fiesta Isles Subdivision

Pet Policy

  • Pet Restriction: Pet Policy: Pets Allowed w/Restrictions, As Owner Permits

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Stories: 2
  • Attribution Contact: 9564335333, Info@PalmBreezeRealEstate.com
  • Property Sub-Type: Multi Family
  • ResoCommunityFeatures: None
  • Road Frontage Type: Padre Blvd Frontage
  • Reso Furnished: Unfurnished
  • ResoLaundryFeatures: Washer/Dryer Hook-up
  • ResoLotFeatures: Less than 1 Acre
  • Lot Size Acres: 0.2556
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 956-433-5333
  • MLS Status: Active
  • Subdivision Name: Fiesta Isles
  • ResoBuildingAreaSource: CCAD
  • Unit Levels: Two
  • Living Area: 3886
  • Reso Structure Type: Other-See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Speed Internet, Cabinets-Manufactured, Ceiling Fan(s)
  • Flooring: Tile
  • Appliances: Cooktop, Stove, Washer/Dryer
  • Full Bathrooms: 6
  • Total Bedrooms: 6

Exterior Features

  • Roof: Flat
  • Horse: No
  • Waterfront Features: Gulf Interior
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Common, Asphalt

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Pet Policy: Pets Allowed w/Restrictions, As Owner Permits

Schools

  • Junior High Dist: Point Isabel ISD

Lot Info

  • Lot Size Sq Ft: 11134.58
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 6716001900017000

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7023.72
  • Tax Block: 190
  • Tax Lot: 17

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/04/2025 03/04/25 For Sale $1,880,000 -- $484 / Sq Ft
Source: South Padre Island Board of REALTORS®

About the Listing Agent

Tony Altermatt
Tony Altermatt

Palm Breeze Real Estate LLC

(956) 663-3692

Section Image

View Tony's Profile

Tony's Other Listings

  • 6300 Padre Blvd Unit 372F, South Padre Island, TX 78597

    $574,000

    • 3 Beds
    • 3 Baths
    • 1,399 Sq Ft
    • 6300 Padre Blvd
    • Unit 372F
    • South Padre Island, TX

    Prime Poolside Retreat at Bahia Mar Experience coastal living at its finest in this beautifully remodeled condo, ideally situated poolside with uninterrupted ocean views from all three balconies. The expansive living area offers an inviting space for entertaining or relaxing in style. Bahia Mar's resort-style amenities include immaculately maintained grounds, two sparkling pools, two hot tubs, a

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 104 E Polaris Dr Unit 1, South Padre Island, TX 78597

    $299,000

    • 2 Beds
    • 2 Baths
    • 890 Sq Ft
    • 104 E Polaris Dr
    • Unit 1
    • South Padre Island, TX

    First-Floor Condo with Modern Upgrades! Discover your dream home on beautiful South Padre Island! This charming first-floor condo boasts new tile flooring throughout, creating a sleek and modern look. The kitchen is a chef's delight with stainless steel appliances, granite countertops, elegant crown molding and a brand-new refrigerator. Enjoy the convenience of an extra-large tandem parking

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 128 E Saturn Ln Unit A, South Padre Island, TX 78597

    $1,399,000

    • 6 Beds
    • 5.5 Baths
    • 3,600 Sq Ft
    • 128 E Saturn Ln
    • Unit A
    • South Padre Island, TX

    Welcome to your dream rental property that effortlessly accommodates up to 20 guests. This exquisite townhome boasts 6 spacious bedrooms, including 3 luxurious ensuites, ensuring everyone experiences ultimate comfort and style. Dive into relaxation with your private pool or host unforgettable gatherings in the expansive entertainment area, complete with a wet bar that opens onto a generous

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 128 E Saturn Ln Unit A & B, South Padre Island, TX 78597

    $2,690,000

    • 12 Beds
    • 12 Baths
    • 6,820 Sq Ft
    • 128 E Saturn Ln
    • Unit A & B
    • South Padre Island, TX

    Unlock the full potential of coastal rental income with this rare offering—an entire building featuring two mirror-image townhomes, each boasting 6 spacious bedrooms and 3 ensuite baths. With a combined capacity to host up to 40 guests, this property is primed for high-volume short-term rentals or multi-family use. Each unit is thoughtfully designed for comfort and entertainment, featuring:

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 203 W Marlin St Unit 12, South Padre Island, TX 78597

    $329,900

    • 2 Beds
    • 3 Baths
    • 1,224 Sq Ft
    • 203 W Marlin St
    • Unit 12
    • South Padre Island, TX

    BAY FRONT - Kick back and take in the sunsets, fireworks, and passing boats from three private balconies—one off the living room and one for each bedroom. Just two blocks from the beach and a short walk to South Padre's best bayfront bars with live music, this condo puts you right in the heart of the island's laid-back coastal scene. Bring your boat—there's a slip at the complex! Enjoy direct

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 310A Padre Blvd Unit 908, South Padre Island, TX 78597

    $750,000

    • 3 Beds
    • 2 Baths
    • 1,474 Sq Ft
    • 310A Padre Blvd
    • Unit 908
    • South Padre Island, TX

    Luxury and Stunning Views Await in Your Dream Condo Welcome to this exquisite condo where luxury and breathtaking views come together. This spacious, fully furnished residence features two balconies: one with a front-row seat to SpaceX launches from the bayside, and the other offering serene ocean vistas from the beachside. Inside, enjoy elegant tile flooring throughout, sleek granite

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 905 N Shore Dr, Port Isabel, TX 78578

    $430,000

    • 3 Beds
    • 3 Baths
    • 1,827 Sq Ft
    • 905 N Shore Dr
    • Port Isabel, TX

    Experience coastal living in this stunning two-story home located in a desirable palm-lined neighborhood. Boasting a bold black-and-white exterior with a dramatic black garage door and glass-accented entry, offering impressive curb appeal. The lush backyard features fig, persimmon, bayleaf, and strawberry guava trees, creating a private tropical oasis. Freshly painted both inside and out,

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image
  • 1113 Pompano Ave, Port Isabel, TX 78578

    $750,000

    • 3 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 1113 Pompano Ave
    • Port Isabel, TX

    Discover the ultimate coastal escape in this 3-bed, 2-bath waterfront cottage—perfect for anglers and entertainers alike. Enjoy direct Gulf access with a private boat dock, lift, and kayak slip, ideal for fishing adventures right from your backyard. The covered patio features a BBQ grill and cozy seating, creating a welcoming space to host guests and savor the day's catch. Inside, a cheerful

    Tony Altermatt Palm Breeze Real Estate LLC

    Section Image

Source: South Padre Island Board of REALTORS®

MLS Number: 103409

South Padre Island Board of REALTORS®
Texas Cameron County South Padre Island 78597

5712 Padre Blvd, South Padre Island, TX

This home is located at 5712 Padre Blvd, South Padre Island, TX 78597 and is currently priced at $1,880,000, approximately $483 per square foot. This property was built in 1981. 5712 Padre Blvd 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.

Nearby Homes
Tony Altermatt
Tony Altermatt
Listing Agent Section Image
Palm Breeze Real Estate LLC
(956) 663-3692