About This Home

This 6-bedroom, 6-bathroom residential multi family at 5712 Padre Blvd. in South Padre Island, TX is listed for $1,880,000 ($484 per sqft). Built in 1981, the home offers 3,886 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1981
  • 0.26 acre lot
  • 2 stories

Property Details

2 stories
6 full
1981

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$10,055/mo

20% down · 6.5% · 30 years

Principal$1,360
Interest$8,147
Insurance$548

Estimates only. Actual payments may vary.

Location

5712 Padre Blvd.

South Padre Island, TX 78597

Fiesta Isles

Features & Amenities

Interior Features

Cabinets-ManufacturedCeiling Fan(s)Smoke DetectorUnfurnishedWasher/Dryer Hook-up

Exterior Features

Deck

Property Details

Flooring

Tile

Construction

Block Stucco

Outdoor Features

Deck

Appliances

Cook-TopStoveWasher/Dryer

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 5712 Padre Blvd. is listed at $1,880,000 ($484/sqft). The estimated monthly payment is $10,054 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.26 acre lot, 2 stories. Interior Features: Cabinets-Manufactured, Ceiling Fan(s), Smoke Detector. Exterior Features: Deck.

This property is listed by Tony Altermatt.

TA

Tony Altermatt

Agent at NextHome on the Coast

Listed by NextHome on the Coast · Broker phone: 9562993695 · View on Broker Site · Broker website

MLS# 104872· Source: South Padre Island Board of Realtors· 262 days on PropertySimple

Copyright © 2026 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5712 Padre Blvd., South Padre Island, TX 78597

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