4209 Gulfbreeze Blvd - Multi-Family FOR SALE


Corpus Christi, TX 78402- North Beach
$599,900 USD
361-289-5168
4209 Gulfbreeze Blvd, Corpus Christi, TX for Sale
$599,900 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

4209 Gulfbreeze Blvd
Corpus Christi, TX 78402
North Beach


HIGHLIGHTS

  • Investment opportunity with 3 income-producing units (studio + duplex)
  • Elevated design with covered, concrete carport parking for each unit
  • Metal cargo lift for luggage and groceries; metal roofs on both structures
  • Each unit features a kitchen, dining, living, bedroom & bath
  • Private balconies with views of Corpus Christi Bay & North Beach
  • Minutes to the Texas State Aquarium, USS Lexington & Harbor Bridge

OVERVIEW

**Price Recently Reduced by $50,000 Quick Facts • 3 Income-Producing Units (Studio + Duplex) • 2016 Construction – Elevated Coastal Design • Total Income: $6,250/Month ($75,000/Year) • STR Eligible – High Tourism Corridor • Private Balconies with Bay Views • Covered Carport Parking + Cargo Lifts • Zoning: RM-AT Investment Snapshot • Gross Income: $75,000/Year / 12.5% Gross Yield Potential • Est. Cap Rate: ~10% (market dependent) • STR Annual Potential: $90K–$120K • Ideal for STR Operators, 1031 Buyers, or Owner-Occupants Seeking Income Location Advantage • 1 min – Beachwalk • 2 min – USS Lexington • 3 min – Texas State Aquarium • 6 min – Downtown Marina No HOA Fees • Full Land Ownership • Private Parking

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$299 USD /SF

# OF UNITS

3

PRICE/UNIT

$199,967

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4209 Gulfbreeze

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RM-AT

APN/PARCEL ID

1055-0029-0055

ASK ABOUT THIS PROPERTY

David HeitzmanCravey Real Estate Services, Inc.More Info
361-289-5168

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David HeitzmanCravey Real Estate Services, Inc.More Info
361-289-5168

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.