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$425,000

5909 Padre Blvd # 404, South Padre Island, TX, 78597

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,252 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$339.46 / sqft
Year BuiltBuilt in 2006

About this property

Top-Floor Waterfront Living with Deeded Boat Slip! This fully furnished, unit offers a wonderful combination of comfort and style. 2 bedrooms plus a flex space for extra sleeping or office make this home an ideal island getaway. The 4th floor balcony offers a bird’s-eye view of the channel below and spectacular sunsets, creating the perfect setting to unwind and enjoy the coastal breeze. The inviting living and dining areas provide a relaxing space to unwind or entertain, while the well-appointed kitchen and large granite Island make everyday living and vacation stays a breeze. Enjoy the building’s well kept amenities, including a heated infinity pool with waterfall, relaxing hot tub, and shaded poolside cabana. Added bonuses include a storage closet on the balcony, 2 elavators and tandem 2-car parking spot. The deeded boat slip makes this property especially appealing to boating and fishing enthusiasts. Perfect for a full-time residence, a second home, or an investment opportunity!

Investor Tools

$0Estimated Mortgage Balance
$492,057Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Maurine Salas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
No HOA
5.947%

City: South Padre Island

5909 Padre Blvd # 404 | Property Details | No Agent List