102 Atol StSouth Padre Island, TX 78597

For Sale
$874,995

Beachfront Investment Opportunity: 3 Units

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional three-unit apartment building, located at 102 E Atol Street E in South Padre Island, Texas, presents a lucrative investment opportunity. Built in 1973, this Class B property sits on a 6,246.504 square foot lot and offers a unique blend of luxury and functionality. The property features a private pool, perfect for relaxation and entertaining, and a one-car garage. The layout includes two rental units on the upper floor and one on the ground floor, ideal for short-term rentals. Both upper-floor units boast private balconies, providing ample outdoor space for guests. The spacious fenced backyard offers additional room for gatherings. The interior has been meticulously remodeled, showcasing contemporary kitchens and bathrooms. This turnkey property is being sold fully furnished, eliminating the need for additional investment. Situated in the desirable South Padre Island area (zip code 78597), this property benefits from a proven track record of revenue generation through short-term rentals, making it an attractive investment with high potential for return. The property's location in Cameron County, Texas, offers easy access to the beach and all the amenities of South Padre Island. This is a rare opportunity to acquire a high-performing, fully furnished investment property in a prime location. The asking price is $874,995.

Highlights

  • Exceptional three-unit apartment building in South Padre Island, TX (78597).
  • Class B property built in 1973, situated on a 6,246.504 sq ft lot.
  • Features a private pool, one-car garage, and fenced backyard.
  • Two upper units with private balconies; one ground-floor unit.
  • Fully furnished and recently remodeled with contemporary kitchens and bathrooms.
  • High-performing short-term rental investment with proven revenue history.

Property Details for 102 Atol St

Property type
Multifamily properties, Apartment buildings
Class
B
Year Built
1973
Buildings
1
Units
3

Location Insight

City
South Padre Island
County
Cameron
State
Texas
Latitude
26.11015
Longitude
-97.1683145
102 Atol St, South Padre Island, Texas

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102 Atol St
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