901 Padre BlvdSouth Padre Island, TX 78597

Property Details for 901 Padre Blvd

Year built

2000

Lot size

0.97 AC

Property size (Sq ft)

30,258 SF

Property type

Commercial real estate

APN

67-6410-0030-0050-00

APU

6764100030005000

Description

This exceptional 50-room bayfront hotel presents a lucrative investment opportunity in the thriving South Padre Island, Texas market. Built in 2000, the property boasts a prime location offering convenient access to the beach and numerous retail establishments within walking distance. The hotel's strategic placement within a high-traffic area ensures consistent occupancy and strong revenue generation. South Padre Island's 34-mile coastline, coupled with its diverse attractions, including world-class water sports, an entertainment district, and a variety of restaurants, creates a robust tourism market. This drive-to-beach destination attracts a large number of visitors annually, making this hotel a highly desirable asset. The asking price for this turnkey operation is $4,500,000. The hotel's proximity to the beach and local amenities, combined with the area's strong tourism appeal, positions it for continued success and significant return on investment. This is a rare chance to acquire a well-established hotel in a highly sought-after location. The property is situated at 901 Padre Blvd., South Padre Island, TX 78597, in Cameron County.

Location Insight

City

South Padre Island

County

Cameron

State

Texas

Latitude

26.0908

Longitude

-97.1656

CBSA code

15180

CBSA name

BROWNSVILLE-HARLINGEN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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