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$279,900
Est. payment /mo
11,625 SqFt
UPDATED:
09/07/2024 07:06 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,625 sqft
Price per Sqft $24
Subdivision Ports O Call
MLS Listing ID 1804147
Annual Tax Amount $6,062
Lot Size 0.270 Acres
Acres 0.27
Property Description
Introducing a prime waterfront lot nestled in the heart of Padre Isles, this property offers a lucrative opportunity for residential multi-family development. The level lot boasts a strategic location along a spacious canal, providing the unique advantage of allowing 25-foot docks. One of the key features contributing to the property's appeal is the permissibility of short-term rentals in the area. This adds a significant dimension to the investment potential, making it an ideal prospect for those looking to capitalize on the growing demand for short-term accommodations and positions the property as a lucrative income-generating asset. The combination of waterfront access, multi-family zoning, and short-term rental allowance makes this investment opportunity highly attractive for those seeking both a picturesque lifestyle and a sound financial venture.
Location
State TX
County Nueces
Area 3100
Zoning RM
Exterior
Utilities Available Water System, Electric, Sewer System
Schools
Elementary Schools Flour Bluff
Middle Schools Flour Bluff
High Schools Flour Bluff
School District Flour Bluff Isd
Others
Miscellaneous Flood Plain
Acceptable Financing Conventional, Texas Vet, Cash, Investors OK
Listing Terms Conventional, Texas Vet, Cash, Investors OK
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Listed by Pamela Alvarez • Weichert Realtors Strategic Alliance • (210) 363-5082