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6 Beds
6 Baths
3,886 sqft

$1,880,000

5712 Padre Blvd., South Padre Island TX, 78597

Price per sqft$483.79
Built in1981
Property size3,886 sqft
Property typeMulti-family

Overview

Active

Listed Feb 13, 2026

Updated Jun 5

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.

$12,508/mo

Est. mortgage payment based on a $1,880,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
104872

Interior Features

Bedrooms
6
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$6,546
Tax Frequency
Annually
Waterfront
Yes

Listed by Tony Altermatt with Palm Breeze Real Estate LLC
Listing Contact: 956-617-1940 

The IDX display contains information sourced from the South Padre Island Board of REALTORS® as of 6/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 South Padre Island Board of REALTORS® all rights reserved.

Data last updated on 6/5/2026 at 5:36 PM UTC

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