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1212 Padre

South Padre Island, TX 78597
  • $5,500,000
  • STATUS: Active
  • ON SITE: 620 Days
  • MLS #: 328488
UPDATED: 58 min ago
$5,500,000
  • 0
    BEDS
  • 3.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great investment property for a possible hotel. Located less than a mile from the Causeway entrance to the Island. Property is made up of 3 lots in total of 3.47 Acres. Lot 1: 0.54 AC, Lot 2A: 1.18 AC, and Lot 4: 1.75 AC. Denny's Restaurant sits on Lot 1 and a vacant structure sits on Lot 2A, with paved parking . Lot 4 is a vacant lot with all utilities to curb. Land will only be sold "all together" and must be sold with a "lease back" to Denny's for 5,000sf.

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© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2021-10-16T16:16:35.757.
www.ryanandbrian.com/homes/102877834
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1212 Padre South Padre Island, TX 78597

  • Price: $5,500,000
  • Status: Active
  • Updated: 58 min ago
  • MLS #: 328488
0
Beds
0
Baths
0
½ Baths
3.47
Acres
Neighborhood:
Miramar & Sand Piles
County:
Cameron
Area:
South Padre Island
Elementary School:
Derry
Middle School:
Port Isabel Junior High
High School:
Port Isabel H.S.
School District:
Port Isabel ISD
Property Description
Great investment property for a possible hotel. Located less than a mile from the Causeway entrance to the Island. Property is made up of 3 lots in total of 3.47 Acres. Lot 1: 0.54 AC, Lot 2A: 1.18 AC, and Lot 4: 1.75 AC. Denny's Restaurant sits on Lot 1 and a vacant structure sits on Lot 2A, with paved parking . Lot 4 is a vacant lot with all utilities to curb. Land will only be sold "all together" and must be sold with a "lease back" to Denny's for 5,000sf.
Exterior Features

Crops None Fencing OtherPartial Lot Features Sidewalks Road Frontage Type City Street Road Surface Type Paved RoadPaved Waterfront Features Gulfside

Property Features

Association YN No Community Features SidewalksStreet Lights Electric On Property YN No Possible Use Commercial Property Sub Type Commercial Land Sewer City SewerOther Tax Annual Amount 31884 Tax Year 2019 Utilities City GarbageNoneSewer ConnectedPhone ConnectedWater AvailableSewer Available Water Source City Zoning C

Listing by Sergio Adame of Api Real Estate, Llc.
© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2021-10-16T16:16:35.757.
 
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The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
801 E. Fern Avenue, Ste. 107
McAllen TX, 78501