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South Padre Island, TX Multifamily Homes & Duplexes for Sale

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  • /74

    $1,100,000

    • 6 Beds
    • 8 Baths
    • 3,225 Sq Ft

    118 E Esperanza St, South Padre Island, TX 78597

    Duplex with assumable loan (2.625% interest rate) in prime South Padre Island location. Fully leased with $5,600/month in gross rental income and reliable tenants who treat the property with care. This flexible investment offers multiple income strategies: rent each side in full or increase yield by leasing out the ground-floor studios independently. Both sides include private driveways, two-car

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    CIANNA PEREZ

    Texas Coast & Country Real Estate

    (956) 597-7441

    118 E Esperanza St, South Padre Island, TX 78597
  • /42

    $765,000

    • 4 Beds
    • 2 Baths
    • 1,836 Sq Ft

    5213 Gulf Blvd, South Padre Island, TX 78597

    Ready to add an income producing property to your portfolio? An iconic South Padre treasure — and a rare opportunity all just steps from the sand.. 5213 Gulf Blvd is one of the island's original homes, holding its value and water views even as the shoreline evolved around it. RARE FIND ON GULF BLVD. Coveted corner lot -- Larger than standard lot -- 100ft frontage on Gulf Blvd. 60.5ft on Georgia

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    CIANNA PEREZ

    Texas Coast & Country Real Estate

    (956) 275-7917

    5213 Gulf Blvd, South Padre Island, TX 78597
  • /70

    $1,880,000

    • 6 Beds
    • 6 Baths
    • 3,886 Sq Ft

    5712 Padre Blvd, South Padre Island, TX 78597

    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,

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    Tony Altermatt

    Palm Breeze Real Estate LLC

    (956) 663-3692

    5712 Padre Blvd, South Padre Island, TX 78597
  • /24

    $1,872,000 Open Wed 11PM - 2PM

    • 6,250 Sq Ft

    104 E Tarpon St, South Padre Island, TX 78597

    Introducing a fully furnished 4-plex located in South Padre Island, offering 6,250 sqft across three stories, just walking distance to the beach. Currently operating as an income-producing Airbnb, this property presents a lucrative investment opportunity. The lower two units feature two bedrooms and two baths with patio access to the pool, while the upper two units offer three bedrooms and 2.5

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    Damaris Palacios

    LEGACY REALTY GROUP RGV

    (956) 586-5358

    104 E Tarpon St, South Padre Island, TX 78597
  • /24

    $1,872,000 Open Wed 11PM - 2PM

    • 10 Beds
    • 10 Baths
    • 6,250 Sq Ft

    104 E Tarpon St Unit 1-4, South Padre Island, TX 78597

    Introducing a fully furnished 4-plex located in South Padre Island, offering 6,250 sqft across three stories, just walking distance to the beach. Currently operating as an income-producing Airbnb, this property presents a lucrative investment opportunity. The lower two units feature two bedrooms and two baths with patio access to the pool, while the upper two units offer three bedrooms and 2.5

    Agent Photo

    Damaris Palacios

    Legacy Realty Group RGV

    (956) 594-7626

    104 E Tarpon St Unit 1-4, South Padre Island, TX 78597
  • /37

    $2,500,000

    • 4,175 Sq Ft

    303 Shore Dr, South Padre Island, TX 78597

    Fully Furnished. Dishwasher, Microwave, Refrigerator, Stove, Washer and Dryer

    Dale Iley Mission Real Estate Group

    303 Shore Dr, South Padre Island, TX 78597
  • /16

    $875,000

    • 4 Beds
    • 4 Baths
    • 2,410 Sq Ft

    118 E Whiting St Unit A&B, South Padre Island, TX 78597

    Excellent income-producing opportunity in the heart of South Padre Island's entertainment district! This fully furnished duplex features two spacious 2-bedroom, 2-bath units (A & B), each with its own garage, private storage, and separate electric and water meters. A shared pool and rear deck were added in 2018, offering the perfect setup for island living. Located within walking distance to

    Jason Schrank Troy Giles Realty

    118 E Whiting St Unit A&B, South Padre Island, TX 78597
  • /39

    $889,000

    • 1,148 Sq Ft

    111 E Marisol Dr, South Padre Island, TX 78597

    This bayside triplex has breathtaking bay and sunset views. This property is an excellent opportunity to live in one unit and rent out the other two units for additional income and investment property. Features include porcelain tile flooring throughout, Granit countertops, stainless steel appliances, tray ceilings, and washer and dryer hookups in all units. Short-term rentals are allowed, making

    Olga Vega Carter SPI Realty

    111 E Marisol Dr, South Padre Island, TX 78597
  • /44

    $1,695,000

    • 6 Beds
    • 6 Baths
    • 4,086 Sq Ft

    105 E Oleander St Unit A&B, South Padre Island, TX 78597

    Breathtaking property meticulously crafted with exceptional attention to detail, offering the perfect coastal retreat or vacation rental opportunity. Each unit features 3 spacious bedrooms, 2 full bathrooms, and a half bath, with all bedrooms conveniently located on the second floor for added privacy. The open-concept design includes a chef-inspired kitchen with a large island and plenty of space

    Jaime Lee Gonzalez Keller Williams Realty RGV

    105 E Oleander St Unit A&B, South Padre Island, TX 78597
  • /25

    $1,250,000

    • 5,240 Sq Ft

    110 E Retama St, South Padre Island, TX 78597

    Great opportunity to invest in this Four Plex. closely located to the beach, entertainment district, restaurants, and more. Units 1 and 2 (upstairs) 3 bedrooms 3 full bathrooms, Units 3 and 4 (downstairs) 3 bedrooms and 4 full bathrooms. Granite countertops, porcelain tile flooring throughout, stainless steel appliances (washer and dryer included) open floor plan. Build in 2115, Storm Shutters

    Bertha De La Rosa Legacy Realty Group Rgv

    110 E Retama St, South Padre Island, TX 78597
  • /7

    $670,000

    • 2,688 Sq Ft

    3200 Padre Blvd, South Padre Island, TX 78597

    Just steps from Padre Blvd and a short walk to Beach Access 10, this two-story duplex is a rare find in SPI. Originally built as a commercial building, it was converted into two spacious 3 bed / 2 bath units (1,421 SF each – 2,842 SF total) and has been operating as a successful short-term rental.Each unit features granite countertops, tile flooring, individual HVAC systems, and a

    Rene Adrian Alcala Salinas Black Rock Cre

    3200 Padre Blvd, South Padre Island, TX 78597
  • /16

    $630,000

    • 4 Beds
    • 4 Baths
    • 1,560 Sq Ft

    122 E Whiting St Unit A,B, South Padre Island, TX 78597

    Welcome to this fantastic Gulf interior duplex located just a short walk from the beach and surrounded by vibrant restaurants and bars! This charming property features two spacious 2-bedroom, 2-bath units, perfect for vacation rentals or as an investment opportunity. With a total of four bedrooms and four baths, each unit offers comfortable living spaces with tile flooring and essential

    Jason Schrank Troy Giles Realty

    122 E Whiting St Unit A,B, South Padre Island, TX 78597
  • /20

    $765,000

    • 2,296 Sq Ft

    129 E Esperanza St, South Padre Island, TX 78597

    Charming duplex just steps from beach access, has been completely renovated offering the perfect combination of convenience and coastal living. Each unit features 2 bedrooms and beautifully updated kitchens with granite countertops, stylish backsplashes and beautiful finishes. The two-level property showcases a blend of tile and hardwood flooring. The backyard has been re-leveled and offers ample

    Jaime Lee Gonzalez Keller Williams Realty RGV

    129 E Esperanza St, South Padre Island, TX 78597
  • /40

    $1,595,000

    • 3,797 Sq Ft

    116A & 116B E Dolphin St, South Padre Island, TX 78597

    Stunning modern duplex offering the ultimate vacation experience with a peaceful atmosphere and an unbeatable location—just a short walk from the beach, shops, restaurants, bars, and local attractions. Each unit features 3 bedrooms and 2.5 bathrooms, designed with comfort and functionality in mind. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a

    Jaime Lee Gonzalez Keller Williams Realty RGV

    116A & 116B E Dolphin St, South Padre Island, TX 78597
  • /35

    $635,000

    • 1,368 Sq Ft

    210 W Gardenia St, South Padre Island, TX 78597

    Charming Duplex on South Padre Island – Perfect for Investment or Vacation Living! Located on the serene Bay side, this duplex offers an excellent opportunity for short and long-term rentals or a cozy island getaway. Each unit features 2 spacious bedrooms and 1 bathroom, with one unit recently remodeled into a luxurious space boasting high-end finishes and modern touches. Both units come fully

    Ronaldo Esparza Exp Realty Llc

    210 W Gardenia St, South Padre Island, TX 78597
  • /30

    $875,000

    • 4 Beds
    • 2 Baths
    • 2,159 Sq Ft

    106 W Acapulco St, South Padre Island, TX 78597

    This newly built multi-unit/multi-family home offers a modern design and spacious living. Features 3separate units one main unit plus two additional casitas (units). Outdoor space to enjoy backyard retreat forrelaxing, grilling, or entertaining. Perfect for vacation rentals, or living with extra rental income potential!Main Unit Features:*Spacious Living Area: Open-concept design with plenty of

    Michelle Brecker Pathway to Home Realty

    106 W Acapulco St, South Padre Island, TX 78597
  • /44

    $965,000

    • 4 Beds
    • 4 Baths
    • 2,805 Sq Ft

    204 W Oleander St, South Padre Island, TX 78597

    This income-generating multi-family building features four well-maintained 1-bedroom, 1-bathroom units AND 8 INCOMING PRODUCING STORAGE UNITS offering additional revenue streams and great potential for long-term profitability each condo is designed for comfort and functionality. All units currently occupied offering immediate rental income. Situated on the bay interior of South Padre Island, the

    Glenda George Patrick McNulty, Broker

    204 W Oleander St, South Padre Island, TX 78597
  • /17

    $1,300,000

    • 3,506 Sq Ft

    112 E Dolphin St, South Padre Island, TX 78597

    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

    Jaime Lee Gonzalez Keller Williams Realty RGV

    112 E Dolphin St, South Padre Island, TX 78597
  • /45

    $2,495,000

    • 4,212 Sq Ft

    5312 Gulf Blvd, South Padre Island, TX 78597

    This Texas beach home enjoys an incredibly coveted location, positioned not only directly along the shoreline but also on the highly sought-after Gulf Blvd., providing the opportunity for huge rental income. The property offers versatile rental options, allowing you to lease out the entire property, encompassing all three private floors/condos, or opt for individual rentals, with each floor

    Osiel Garcia Imperio Real Estate Llc

    5312 Gulf Blvd, South Padre Island, TX 78597
  • /29

    $700,000

    • 2,625 Sq Ft

    129 E Gardenia St, South Padre Island, TX 78597

    Seize the chance to own this remarkable duplex, ideally located just steps away from the pristine beaches of South Padre Island. Each unit offers 3 spacious bedrooms and 2 full bathrooms, and a full kitchen, complete with generous closet space. The property features three balconies, perfect for enjoying the refreshing sea breeze and stunning views. The standout feature of this duplex is its large

    Jake Mechin KELLER WILLIAMS REALTY RIO GRANDE VALLEY

    129 E Gardenia St, South Padre Island, TX 78597
  • /20

    $1,499,999

    • 2,068 Sq Ft

    4301 Gulf Blvd, South Padre Island, TX 78597

    DEVELOPER'S DREAM LOCATION! Corner 70x100 lot, Gulf Blvd and Esperanza St, across the street from beach access thru beautiful butterfly garden. INVESTOR'S DELIGHT! Live in one unit, rent the other! A-Frame Duplex, great condition, each unit 2 bedrooms, 2 bathrooms. Unit 1 on right, bedroom and living area on second floor with partial Gulf view. Kitchen and bedroom on first floor. Unit 2 on the

    Carol Mark - SRES, AHWD, PSA JWA Realty

    4301 Gulf Blvd, South Padre Island, TX 78597
  • /40

    $1,595,000

    • 6 Beds
    • 6 Baths
    • 3,797 Sq Ft

    116 W Dolphin St Unit A&B, South Padre Island, TX 78597

    Jaime Lee Gonzalez Keller Williams Realty RGV

    116 W Dolphin St Unit A&B, South Padre Island, TX 78597

Why Live in South Padre Island

South Padre Island, Texas, is a vibrant waterside community known for its natural beauty and bustling tourism. With a population of just over 2,000, the island transforms from a tranquil haven for retirees and 'winter Texans' during the cooler months to a lively resort town during spring break. Located about 25 miles from the US-Mexico border, South Padre Island is connected to the mainland by the Queen Isabella Causeway. The island's economy is heavily influenced by tourism, with many residents working in hospitality and restaurants. Major employers include SpaceX and the Port of Brownsville, a significant deep-water seaport. The island offers numerous things to do, such as snorkeling, parasailing, beachcombing, and horseback riding along its 66 miles of protected shoreline. Isla Blanca Beach and Sea Shell Beach are popular spots for these activities. The local wildlife, including migrating birds and hatching sea turtles, is protected and celebrated by the community. Housing on South Padre Island consists mainly of multi-story beachside condos and coastal-style homes, with most properties located just a few blocks from the beach. The island's shopping and dining scene is centered around Padre and Gulf Boulevard, featuring local businesses like gulfside grills, bars, boutiques, and beach supply stores. Significant annual events include Sandcastle Days and the Texas International Fishing Festival. Residents have access to nearby medical facilities in Port Isabel and Brownsville, with the closest major hospital being 28 miles away. The island's weather is moderated by its coastal location, with summer temperatures ranging from 80 to 90 degrees and cooler winter months averaging 60 to 70 degrees. However, South Padre Island is prone to hurricanes and heavy rainfall, necessitating clear evacuation routes and hurricane-proofed homes.

Home Trends in South Padre Island, TX

Housing Trends

Median Sale Price
$449,000
Median Single Family Sale Price
$1,135,000
Median Townhouse Sale Price
$1,023,350
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$239,000
Average Price Per Sq Ft
$413
Number of Homes for Sale
129
Last 12 months Home Sales
349
Months of Supply
4.40
Median List Price
$488,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
21%
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