15714-15726 S Padre Island Drive, Corpus Christi, TX 78418
sale
$3,500,000
|
Other
Courtesy Of Rev Realty Texas LLC
Prime Development Opportunity on Padre Island - 2.35 Acres of CR-2 Resort-Zoned Land - Positioned in the heart of North Padre Island, this 2.35-acre assemblage offers a rare chance to secure seven contiguous platted lots in a location already recognized for its resort-driven growth and coastal appeal. Currently a portion of this acreage houses a metal building with four bays fully rented earning good income. The targeted development for this property is Multifamily Residential/Condominium/Short-Term Rental. The Commercial Resort (CR-2) designation is one of the most flexible and valuable zoning categories on the Barrier Islands, allowing you to shape the property into a high-performing asset. Permitted uses include: Tourist-oriented retail and services, water-related commercial ventures, indoor and outdoor amusement or recreation, and most importantly townhomes, multifamily, cottages, and group living. This zoning unlocks the potential for mixed-use development, hospitality concepts, vacation rentals, or resort-style residential communities-all in high demand on North Padre Island.
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Property Features
- Age: 21-30 Years Old
- Building Units: 4
- Cooling System: Electric
- Exterior Type: MetalSiding
- Floors: 1
- Heating System: Electric (Heating)
- Legal Description: Padre Island Lots 4A, 4B, 5A, 5B, 6A, 6B, X-A, X-B Block 16
- MLSID: 471544
- Roof Type: Metal
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