Mission Real Estate Group
Listed by Mission Real Estate Group
$3,500,000
206 Mars
Details
APN 112381,112382
Property Type Land, Multifamily
Sub Type Residential, Single Family Rental Portfolio
Acreage 0.297
Land | 0.297 acres
Marketing description
Two contiguous bayfront lots on the Laguna Madre offering approximately 126 linear feet of true bay frontage and direct seawall access — one of the last vacant waterfront assemblages of this scale on South Padre Island. Combined site totals ~0.29 acres (~12,955 sq ft). Zoned District B under City of South Padre Island Ordinance No. 24-05, permitting single-family and multifamily uses by right — including a 6-unit multifamily structure — confirmed in writing by the City of SPI Planning Department. No rezoning, variance, or discretionary approval required. Up to 4 stories by right, with additional stories achievable via stepped setbacks. The site is positioned for a private bayfront estate or multifamily development at a scale this market rarely offers. An active USACE pier permit (SWG-2011-00531) covering a 6'82' walkway and 8'54' T-head transfers at closing. Both parcels sold together.
Listing Contacts
Mission Real Estate Group
Listed by Mission Real Estate Group
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