Don't miss your chance to own this remodeled 6-unit complex located at Mars & Gulf Blvd close to a nearby beach access point! This prime SPI property offers a turn-key opportunity for vacation rentals or long-term tenants. Each of the six 2-bedroom, 2-bathroom units features high-end interior upgrades including: granite countertops, stainless steel appliances, travertine tile flooring, tile showers & backsplashes, custom wood cabinets & solid wood doors, hurricane-impact windows, washers & dryers and tiled private balconies. The sale also includes the adjoining lot which boasts a resort-style outdoor space w/a large heated swimming pool & hot tub, outdoor kitchen & grill area, pool table, TV & restrooms for poolside gatherings. This is a rare find with great rental reviews. A solid income-producing property with all the bells and whistles-schedule your showing today! Sale also includes plans for additional meeting space and units expanding capacity from 36 to 52.
For sale
$2,500,000
130 E Mars Ln, South Padre Island, TX 78597
12beds
6,564sqft
Est.:
Multi Family
Built in 1985
-- sqft lot
$2,263,900 Zestimate®
$381/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 218 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 09:18am
Listed by:
Padre Elite Team 956-433-8564,
RE/MAX Elite
Source: SPIBOR,MLS#: 103634
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer/Dryer
- Laundry: Washer/Dryer Hook-up
Features
- Cabinets-Custom, Ceiling Fan(s)
- Flooring: Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 6,564
- Total interior livable area: 6,564 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony
- Pool features: Pool-Outdoor
- Spa features: Community
- Waterfront features: Gulf Interior
- Frontage type: Gulf Blvd Frontage
Lot
- Size: 0.29 Acres
- Features: Less than 1 Acre
Details
- Zoning: mult
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Stucco
- Foundation: Combination
- Roof: Flat
Condition
- Remodeled
- Year built: 1985
Community & HOA
Community
- Features: BBQ Area
- Security: Smoke Detector(s)
- Subdivision: Padre Beach Sec IX
Location
- Region: South Padre Island
Financial & listing details
- Price per square foot: $381/sqft
- Annual tax amount: $36,372
- Date on market: 4/18/2025
- Listing terms: Bank Loan,Cash,Conventional
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