Description
Income-producing multi-use asset featuring 24 hotel rooms, 13 fully occupied apartments, 28 boat slips, restaurant/bar, bait shop, boat fuel station, fishing pier, RV/boat storage. 2025 financials reflect over 50% year-over-year revenue growth driven by upgrades and improved management. Strong NET income supported by diversified income streams. Additional land currently utilized for rv & boat storage, offers future development potential, previously improved as a hotel site. Rare large-scale waterfront asset with immediate cash flow and long-term value-add potential. Property ID's 92931, 92913, 929114, 92915.
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0BEDS
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4.47ACRES
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0BATHS
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01/2 BATHS
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25,257SQFT
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$356$/SQFT
Description
Income-producing multi-use asset featuring 24 hotel rooms, 13 fully occupied apartments, 28 boat slips, restaurant/bar, bait shop, boat fuel station, fishing pier, RV/boat storage. 2025 financials reflect over 50% year-over-year revenue growth driven by upgrades and improved management. Strong NET income supported by diversified income streams. Additional land currently utilized for rv & boat storage, offers future development potential, previously improved as a hotel site. Rare large-scale waterfront asset with immediate cash flow and long-term value-add potential. Property ID's 92931, 92913, 929114, 92915.
© 2026 South Padre Island Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2026-06-16T13:30:00.667.