106 W Corral Street South Padre Island, TX $ 2,900,000
106 W Corral Street
$ 2,900,000
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106 W Corral Street

South Padre Island, TX, 78597
$ 2,900,000
Bedrooms17 Baths17.0 Sq 4,800

Monthly Estimate*

$ 17,856

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Multi-Family Home for sale in South Padre Island, TX

for $2,900,000 with 17 bedrooms and 17 full baths. This 4,800 square foot home was built in 2024 on a lot size of 0.3253.

Presenting an exceptional investment opportunity: a 17-unit studio apartment property located just steps away from the vibrant entertainment district of South Padre Island. This property offers flexibility for both short-term and long-term rental options, catering to a variety of guests year-round. Each unit is turn-key and fully furnished, featuring appliances, Wi-Fi, and modern amenities to ensure a comfortable stay. The complex is equipped with security cameras for peace of mind, along with a private pool and a dedicated laundry building for added convenience. With its prime location and amenities, this property promises excellent income potential in a highly desirable area. Don’t miss this exceptional chance to invest in a high-demand rental area with outstanding potential for growth.

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Multi-Family Pending

Price

$ 2,900,000

Bedrooms

17

Full Bath

17

Property Type

Multi-Family

Taxes

$ 7,044

Style

Multi Family

Lot Size

0.3253

Year Built

2024

Town/City

South Padre Island

County/Region

Cameron

MLS | Web ID

481357

Features
General
Living Area 4800
Heating Other HVAC
Cooling Other HVAC Wall Unit(s)
Possession Closing and Funding
Roof Composition Shingle
Appliances Water Heater (Other) Microwave Refrigerator
Garage Spaces 0
Pool Features In Ground Outdoor Pool
Security Features Security System Smoke Detector(s)
Construction Materials Stucco
Year Built 2024
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Gross Income 241978
Community Features None
County Cameron
Insurance Expense 0
New Construction No
Property Type Residential Income
HOA No
Energy Efficient Other
MaintenanceExpense 0
Subdivision Name Padre Beach
Garage Y/N No
Other Structures Laundry Facility
Status Pending
Directions From Padre Blvd turn left onto Corral St. Property will be on the right hand side.
High School Port Isabel H.S.
City South Padre Island
High School District Port Isabel ISD
Number Of Units Total 17
Lot Size Units Square Feet
Lot Size Square Feet 14170.9392
Carport Spaces 0
Carport Y/N No
Elementary School Port Isabel
Tax Annual Amount 7044
Home Warranty Y/N No
Middle/Junior High School Port Isabel Junior High
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Port Isabel ISD
Elementary School District Port Isabel ISD
Year Built Source Builder
Legal Description PADRE BEACH SUBDIVISION BLK 9 LOT 8A (2024 REPLAT C1-4578 CCMR FILED 4/28/2023)
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Microwave
Flooring Tile
Air Conditioning Y/N Yes
Laundry Features Laundry Area
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Exterior
Fencing None
Parking Features No Carport No Garage
Water Source Public
Total Parking 0
Lot Size Area 14170.9392
Foundation Details Slab
Number of Buildings 9
Building Area Total 4800
Lot Size Acres 0.3253
Road Surface Type Paved
Covered Spaces 0
Number of Separate Water Meters 18
Irrigation Water Rights Y/N No
Pool YN Yes
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* Excluded Features
List By
Jaime Lee Gonzalez

Listing Agent

Keller Williams Realty Rgv

Broker

jaime@jlgrealtor.com

Email

Affordability Calculator

$18,443
Per Month
97%
3%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$587
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057508 Elementary School
3057558 Middle School
Port Isabel H.S. High School
Pricing History
DatePricePrice ChangeDescription
9/19/2025$2,900,000 Listed Price

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106 W Corral Street, South Padre Island, TX, 78597 is a Multi-Family Home for sale at $2,900,000 with 4,800 sqft and a lot size of 0.3253. 106 W Corral Street has 17 bedrooms, 17.0 baths, and was built in 2024. The property's zip code is 78597 which is in South Padre Island, TX