About This Home

This 18-bedroom, 0-bathroom multi-family at 3405 Ocean Drive in Corpus Christi, TX is listed for $1,249,000 ($226 per sqft). Built in 1970, the home offers 5,532 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1970
  • 0.31 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
10 full
1970

Amenities

WaterfrontA/C
Listing Description

RARE TURNKEY 10-UNIT INVESTMENT ON PRESTIGIOUS OCEAN DRIVE 3405 & 3409 Ocean Drive | Corpus Christi, Texas A rare opportunity to acquire a fully furnished, turnkey 10-unit income-producing property directly on Ocean Drive, one of Corpus Christi's premier waterfront corridors.

Surrounded by high-value residential real estate and positioned along the beautiful Corpus Christi Bayfront, this property offers 10 furnished rental units in a premier Ocean Drive location at just $129,000 per unit. The property consists of eight 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences, with the added convenience of an in-unit washer and dryer in every unit.

All 10 residences are offered fully furnished and turnkey, allowing a new owner to continue the property's established furnished rental model without the cost, time and effort of furnishing 10 individual units. STRONG EXISTING RENTAL INCOME Current average monthly rents: 8 * 2BR/1BA: approximately $1,500/month each 2 * 1BR/1BA: approximately $1,350

/month each Approximately $14,700 average monthly rent roll Approximately $176,400 annualized rent roll The property's furnished configuration gives an investor exceptional flexibility. Continue operating the residences as short-term rentals (STR/Airbnb), 30+ day mid-term rentals (MTR), traveling-professional or workforce housing, or combine rental strategies to maximize occupancy and revenue, subject to applicable regulations.

LOCATION, LOCATION, LOCATION Ocean Drive is one of Corpus Christi's defining addresses, known for its waterfront setting, beautiful homes and access to Corpus Christi Bay. The property offers convenient access to downtown Corpus Christi, major hospitals and medical centers, universities, employment centers, restaurants, recreation and the waterfront, appealing to traveling professionals, contract workers, relocating tenants and extended-stay guests.

Monthly Cost Estimate

$6,680/mo

20% down · 6.5% · 30 years

Principal$903
Interest$5,412
Insurance$364

Estimates only. Actual payments may vary.

Location

3405 Ocean Drive

Corpus Christi, TX 78411

P A Cliffs

Property Details

Flooring

Tile

Construction

Brick

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectricCooktopElectricWaterHeaterDisposalMicrowave

Questions & Answers

This 18-bedroom, 0-bathroom multi-family at 3405 Ocean Drive is listed at $1,249,000 ($226/sqft). The estimated monthly payment is $6,680 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.31 acre lot, 2 stories, Waterfront.

This property is listed by Sinan Zakaria.

SZ

Sinan Zakaria

License 0855518

Agent at Listed Simply

Listed by Listed Simply · Broker phone: 8009955879 · View on Broker Site

MLS# 627385· Source: Central Texas Multiple Listing Service· 25 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3405 Ocean Drive, Corpus Christi, TX 78411

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