15714-15726 S PADRE ISLAND DRIVE, CORPUS CHRISTI, TX 78418
Homes for sale in Corpus Christi.
Homes for sale in 78418.
List Price$3,500,000
15714-15726 S Padre Island Drive
Corpus Christi, TX 78418
Listing #471544
About This Property
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.
Property Features
Location Information
County
Nueces
Directions
From Park Road 22 and Highway 37. Take North Padre Island exit and drive to the Island passing three intersections with stop lights. Property will be on the right. Look for Tradewinds signage, metal building will be on the right side with a fenced area with large boat visible in front. Lots are on the left side of the property that extends from SPID to Palmira Drive.
Subdivision
Padre Island
Interior Features
Heating
Electric
Total Number of Units
4
Cooling
Electric
Exterior Features
Stories
1
Topography
Level
Construction/Exterior
Metal Siding
Lot Size in Acres
2.35
Exterior
Storage
Lot Size in Sq. Ft.
102,270
Foundation
Slab
Buildings
1
Possession
Close Of Escrow
Road Description
Paved
Parking Description
Other
Road Frontage
State Road
Has Garage
Yes
Has Waterfront
No
Garage Spaces
12
Is One Story
Yes
Additional Information
Roof/Attic
Metal
Year Built
2004
Other Utilities
Other
Status
Active
Property Type
COM
Documents Available
Aerial
Property SubType
Warehouse
Square Feet Source
Appraiser
Property SubType 2
Commercial Sale
Similar Listings
Mortgage Calculator
$16,344
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,612
Monthly Tax
$2,916
Monthly Insurance
$816
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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