8416 Main StSouth Padre Island, TX 78597

For Sale
Call for price

Prime 0.7-acre multifamily development site.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.7-acre development opportunity in South Padre Island, Texas, presents a unique chance to create a thriving multifamily community. Located at 8416 Main St, zip code 78597, the property boasts a Planned Development District zoning, allowing for up to 25 multifamily units. The versatile zoning also permits the development of townhouses or single-family residences, offering flexibility for various project visions. With a total square footage of 30,492, this site is ideally situated within The Shores Master Planned Community, providing convenient access to the beach and marina. Its prime location is adjacent to the South Padre Island Farmers Market and the South Padre Island Convention Center, ensuring high visibility and attracting potential residents and visitors. The sale is offered as a For Sale By Owner transaction, with a Net Net Net (NNN) lease type anticipated for any future tenants. This presents a compelling investment opportunity for developers seeking to capitalize on the strong demand for residential properties in this desirable coastal location. The property is zoned for multifamily, retail use, and offers a multi-tenancy potential. This is a rare chance to build in a thriving area with excellent amenities and high potential for return on investment.

Highlights

  • 0.7-acre development site in South Padre Island, TX (8416 Main St, 78597).
  • Planned Development District zoning allows up to 25 multifamily units, townhouses, or single-family homes.
  • 30,492 square foot lot in The Shores Master Planned Community, near the beach and marina.
  • High visibility location adjacent to the Farmers Market and Convention Center.
  • For Sale By Owner; NNN lease anticipated.

Property Details for 8416 Main St

Property type
Other retail properties, Multifamily properties
Square Feet
30,492 SF
Lot Size (sq. ft)
30,492 SF

Location Insight

City
South Padre Island
County
Cameron
State
Texas
Latitude
26.150653788276
Longitude
-97.173777449775
8416 Main St, South Padre Island, Texas

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8416 Main St
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