49 Grand Beach Blvd - Residential LAND FOR SALE


Galveston, TX 77550- Grand Beach16,000 SF
$699,000 USD
832-754-1100
49 Grand Beach Blvd, Galveston, TX for Sale
$699,000 USD
Residential LAND - FOR SALE
1/7
16,000 SF

49 Grand Beach Blvd
Galveston, TX 77550
Grand Beach


HIGHLIGHTS

  • Premier Gulf-view lot in gated Grand Beach with unobstructed views and enhanced privacy.
  • Walking distance to the proposed $700 million Margaritaville Resort Galveston and beach access.
  • STR-friendly community offering strong vacation rental demand and long-term appreciation potential.

OVERVIEW

INVESTMENT HIGHLIGHTS Rare opportunity to acquire what is arguably one of the premier Gulf-view homesites on Galveston's rapidly transforming East End. Located in the exclusive gated community of Grand Beach, this exceptional lot offers unobstructed Gulf views, enhanced privacy due to its open frontage, and is within walking distance of one of the most anticipated developments on the Texas Gulf Coast—the planned Margaritaville Resort Galveston. MARGARITAVILLE RESORT GALVESTON The proposed Margaritaville Resort represents an estimated $700 million investment into Galveston Island and is expected to bring new restaurants, entertainment venues, retail offerings, resort amenities, and increased tourism activity to the immediate area. Grand Beach owners are uniquely positioned to benefit from being within walking distance of this landmark development while maintaining the privacy and exclusivity of a gated residential community. GALVESTON'S ECONOMIC EXPANSION Galveston is experiencing significant economic growth fueled by major investments in healthcare, tourism, shipping, maritime industries, and infrastructure improvements. Key economic drivers include: • Expansion of the Port of Galveston, one of the fastest-growing cruise and cargo ports in the United States. • Major shipbuilding and maritime contracts expected to create thousands of jobs throughout the region and support long-term economic growth. • Continued expansion of UTMB (University of Texas Medical Branch), one of Galveston's largest employers and a nationally recognized healthcare and research institution. • Growing tourism numbers supported by cruise operations, beach tourism, convention activity, and new entertainment attractions. TILMAN FERTITTA'S INVESTMENT IN GALVESTON Few investors have demonstrated a stronger commitment to Galveston's future than local billionaire Tilman Fertitta. Through his hospitality, entertainment, restaurant, hotel, and tourism businesses, Fertitta has invested hundreds of millions of dollars into the island over the past two decades. His investments include: • The Galveston Island Historic Pleasure Pier • The San Luis Resort Complex • Hilton Galveston Island Resort • Holiday Inn Resort Galveston • Landry's Seafood House • Willie G's Seafood • Rainforest Cafe • Multiple waterfront and harbor redevelopment projects Industry observers estimate Fertitta's combined historical and planned investments on the island exceed half a billion dollars, helping transform Galveston into one of the Gulf Coast's premier tourism destinations. LONG-TERM UPSIDE Texas legislators periodically discuss expanded gaming legislation. Should destination resort gaming ever become authorized in Texas, many industry observers believe Galveston would be among the strongest candidates for future integrated resort development due to its established tourism infrastructure, cruise industry, beach destination appeal, and proximity to Houston. While no casino approvals currently exist, many investors view this as a potential long-term upside catalyst. IDEAL FOR • Luxury Beach Home • Vacation Residence • Short-Term Rental Investment • Long-Term Land Hold • Future Appreciation Play With Gulf views, gated access, short-term rentals permitted, proximity to the future Margaritaville Resort, and exposure to Galveston's ongoing economic expansion, this property offers a unique opportunity to secure land in one of the most exciting growth corridors on the Texas Gulf Coast. Two lots are available and may be purchased individually or together.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/ACRE

$1,903,030/AC

PRICE/SF

$44 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

44 & 49 Grand Beach Blvd unrestricted view.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Residence

LAND ACRES

0.37 AC

LAND SF

16,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

Residential & STR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michel CoretDelux Realty LLCMore Info
832-754-1100

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Michel CoretDelux Realty LLCMore Info
832-754-1100

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