This income-generating multi-family building features four

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Home For Sale

204 Oleander Dr.

South Padre Island, Texas 78597

Cameron County

Community: Padre Beach Sec Viii

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$900,000 4 br, 4.0 bath 2805 sq. ft. 0.000 acres

This income-generating multi-family building features four well-maintained 1-bedroom, 1-bathroom units AND 8 INCOMING PRODUCING STORAGE UNITS offering additional revenue streams and great potential for long-term profitability each condo is designed for comfort and functionality. All units currently occupied offering immediate rental income. Situated on the bay interior of South Padre Island, the location provides easy access to local amenities and attractions while offering a peaceful, serene environment. Short-term rentals are permitted, adding flexibility for different leasing strategies, whether for long-term tenants or vacationers seeking a retreat near the bay.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 2805
  • Year Built: 1993
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: Carport, None
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame
  • Roof: Composition
  • Property Taxes: $6,308
  • MLS #: 103494
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Contact Information:
Beach Home For Sale in South Padre Island, Texas
Listing Agent: Glenda George, Patrick McNulty, Broker, 281-779-0572, 956-572-3191 Listing Site, Listing Status: Active
Copyright © 2025 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5941462
Viewed 140 times.
Updated: Dec 03, 2025

This property is a Home located at 204 Oleander Dr., South Padre Island, Texas 78597, and is currently For Sale at $900,000. This Home has 4 bedrooms, 4.0 baths, 2805 sq ft.