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320 Padre Blvd

27.65 Acres of Commercial Land Offered at £13,301,650 in South Padre Island, TX 78597

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Investment Highlights

Beach to Bay
Possible Seller Financing

505' Beachfront

Executive Summary

BEACH TO BAY!! THE MOST DESIRABLE TRACTS OF LAND LEFT TO DEVELOP IN SOUTH PADRE ISLAND CITY LIMITS! Located in the heart of SPI as you exit the causeway. 17.5+/- AC tract on the beach side with 505' of beach frontage. 9.9+/- AC tract on the bayside, revealing the gateway to SPI. The tracts are separated by Padre Blvd., the main Hwy 100 in SPI. A wealth of information is already available from previous due diligence. Seller will consider splitting tracts but obviously the beach side has the value. Seller financing may be available depending on buyer eligibility. South Padre is growing. SpaceX is now operational and a new deep water marina is in the planning stages. All this and it is located in an OPPORTUNITY ZONE!!

Property Facts

Price	£13,301,650	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Multifamily Hospitality Apartment Units Apartment Units - Condo Bar Casino Department Store Hold For Development Hospital Hotel Marina Master Planned Community Motel Parking Garage Restaurant Specialty, Festival or Entertainment Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	27.65 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£13,301,650
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Hospitality Apartment Units Apartment Units - Condo Bar Casino Department Store Hold For Development Hospital Hotel Marina Master Planned Community Motel Parking Garage Restaurant Specialty, Festival or Entertainment Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	27.65 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£13,301,650	Lot Size	27.65 AC
Price Per AC	£481,072

Price	£13,301,650
Price Per AC	£481,072
Lot Size	27.65 AC

PADRE ISLAND UNSUBDIVIDED ABST 260 17.59 ACRES OUT OF 21.83 ACRES OF A D DICKINSON JR TRACT EAST OF PARK RD 100 and PADRE ISLAND UNSUBDIVIDED ABST 260 9.947 ACRES OUT OF 11.87 ACRES AD DICKINSON JR TRACT WEST OF PARK RD 100.