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 #66015897
Lots / Land
Type
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. Targeted development for this property is Multifamily Residential/Condominium/Short-Term Rental. Commercial Resort (CR-2) designation is one of the most flexible and valuable zoning categories on the Barrier Islands. Permitted uses: Tourist-oriented retail and services, water-related commercial ventures, indoor/outdoor amusement/recreation, and most importantly townhomes, multifamily, cottages, and group living. This zoning allows 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
Subdivision
Padre Island
Latitude
27.590091
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.
Longitude
-97.2225
Exterior Features
Acre Range
2 Up to 5 Acres
Lot Size in Sq. Ft.
0
Lot Description
Cleared, Interior Lot
Is One Story
No
Lot Size in Acres
2.35
School
School District
Flour Bluff
Middle School
FLOUR BLUFF JUNIOR HIGH SCHOOL
Elementary School
FLOUR BLUFF ELEMENTARY SCHOOL
High School
FLOUR BLUFF HIGH SCHOOL
Additional Information
Property Type
LL
Status
Active
Year Built
0
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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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