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Wharf St - Luxury Multi Family Development Opportunity 0.7 Acres of Commercial Land Offered at $1,750,000 in South Padre Island, TX 78597

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INVESTMENT HIGHLIGHTS

Land can accommodate up to 25 Multifamily Units
Potential to purchase as Townhouse Lots
Part of The Shores Master Planned Community

Potential to develop multifamily, townhouse or single family residential
Beach and Marina Access
Adjacent to SPI Farmers Market and SPI Convention Center

EXECUTIVE SUMMARY

Located within The Shores Master Planned Community. The Shores is an upscale, 240-acre master planned resort community on the northern end of South Padre Island. Red brick paved streets and lushly landscaped architectural details provide residents access to the multitude of community amenities, as well as easy, walkable access to the marinas and beaches which are only steps away.

Shores MF Land SPI Brochure

PROPERTY FACTS

Price	$1,750,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Master Planned Community Single Family Development
No. Lots	1	Total Lot Size	0.70 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PD - Planned Development District (Residential)

Price	$1,750,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Master Planned Community Single Family Development
Total Lot Size	0.70 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	PD - Planned Development District (Residential)