| Beds 32 | Baths 32 | 17,312 Sqft | 1.93 Acres |
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Property Description
Tropical Studio Apartments presents a rare opportunity to acquire a 32-unit multifamily investment in the heart of North Beach with unobstructed Gulf views. Located just minutes from the USS Lexington Museum, Texas State Aquarium, the Port of Corpus Christi, downtown, beaches, restaurants, and entertainment, this property is ideally positioned in one of the Coastal Bend's most sought-after waterfront destinations.
The property consists of two buildings featuring 32 studio apartments, each approximately 472 square feet with a private balcony overlooking the Gulf. Owned and operated by the same owner since 2005, Tropical Sunset Apartments has been managed primarily through referrals and word of mouth with minimal online marketing, creating significant upside for an investor looking to modernize operations, increase occupancy, and maximize income potential.
Whether your vision is a renovated multifamily community, an extended-stay destination, or another value-add investment strategy (subject to local regulations and approvals), the possibilities are substantial. Located within an Opportunity Zone, the property may also offer additional benefits for qualifying investors.
With its irreplaceable North Beach location, panoramic Gulf views, and exceptional redevelopment potential, this location offers a rare chance to transform an established coastal property into a premier investment opportunity.
Waterfront
Water Name: -
Water Description: Gulf Ocean Access Beach Front
General Information
Sale Price: $1,800,000
Price/SqFt: $104
Status: Active
MLS#: 479858
Post Office: corpus christi
Acres: 1.93
Lot Dimensions: -
Bedrooms:32
Bathrooms:32 (32 full, 0 half)
House Size: 17,312 sq.ft.
Acreage: 1.93 est.
Year Built: 1982
Property Type: Apartment
Style: -
Features & Room Sizes
Paved Road: Paved
Garage: -
Construction: Brick HardiPlank Type Concrete Wood Siding
Exterior Misc: -
Pool: Yes
Pool Description: None
Basement: -
Appliances: Electric Oven Electric Range Refrigerator
Cooling: Electric Window Unit(s)
Heating: Electric Window Unit
Waste: Public Sewer
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: BROOKLYN LTS 1-A 3-A 5-A 7-A 9-A & 11-A BK 28
HOA fees:
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: Angelica Elizondo of Prime Real Estate, Phone: (361) 334-7653
