Active

901 Padre Boulevard

South Padre Island TX, 78597

$4,500,000


$148.72 per sqft

Active

30,258 sqft

Commercial

Built in 2000

Excellent opportunity to acquire a bay front 50 room hotel in a high traffic area of South Padre Island, TX. The hotel is a short distance to the beach, and is also in walking distance to quite a few retailers. The coastline is a 34 mile long beach and has several extensive nature tourism market drivers, world-class wind and water recreational activities, an entertainment district, and local restaurants. South Padre Island, TX, is located in the southern part of the state and is a popular drive-to-beach destination for travelers.

413171

MLS ID

September 2, 2023

Listed

May 9, 2024

Updated

Map

901 Padre Boulevard
South Padre Island TX, 78597

Interior Features

Total Stories

4


Interior Features

Storage


Appliances

Water Heater (Other Location)


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall Unit(s), Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.97 Acres


Roof

Flat

Other Property Details

Taxes

$32,782


Tax Frequency

Annually


Garage

Yes


Garage Spaces

52


Parking

Off Street


Parking Total

52


View

No


County

Cameron


Pool

No


Pool Features

Community, Outdoor Pool


Waterfront

Yes


Buyer Agency Compensation

1.25%

Listing History

Date

Event

Price

1/31/2024

Price Change

$4,500,000

-10%

Listed by Ryan J. McDaniel with Effective Real Estate
Listing Contact: 956-322-8522 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 5/9/2024. 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.

©2024 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 5/9/2024 at 2:43 AM UTC

Powered byLuxury Presence