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.
Mls | 440719 |
---|---|
Listing Type | For Sale |
Style | Land |
Subtype | Resale |
Status | Pending |
Days On Site | 230 |
Listing Provided By | Weichert Realtors Strategic Alliance | Pamela Alvarez |
Acreage | 0.27 |
---|---|
Water Front | Yes |
Property View | Yes |
State | TX |
---|---|
County | Nueces |
City | Corpus Christi |
Zip Code | 78418 |
Community Name | Ports Ocall |
Listing VS Median (in Ports Ocall) | |
Price: $279,900 low | high Med: $497,500 On Site: 230 low | high Med: 4.000000 |