Positioned just blocks from North Beach this 2.5-acre assemblage presents a rare chance to invest in a rapidly evolving coastal area. The sellers prefer to sell all three properties together with this parcel being the largest and currently used as residential. One of the properties already includes a rental unit providing immediate income potential. Zoned RM-AT Multifamily (1 2 3) and AT Districts (Section 4.4.1.C) this location is primed for multifamily development vacation rentals or a high end coastal retreat. The North Beach Project an ambitious redevelopment effort could significantly enhance property value potentially creating waterfront access in the future. With its proximity to the beach major attractions and increasing demand for coastal rentals this is a golden opportunity for savvy investors looking to capitalize on short-term and long-term gains.
General Information
Sale Price: $1,150,000
Price/SqFt:
Status:
MLS#: 456614
City: corpus christi
Post Office: corpus christi
County: Nueces
Acres: 1.16
Lot Dimensions: -
Size:
Acreage: 1.16 est.
Year Built: 1963
Property Type: Commercial Sale
Style:
Community/Association Features
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Listing By: Annalisa Rios of eXp Realty LLC, Phone: (888) 519-7431
(361) 510-0555
Call Aaron Guevara for more information about this property.