11%+ CAP RATE! FURNISHED TRIPLEX ON NORTH BEACH - INVESTOR

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Home For Sale

419 Gulfspray Avenue

Corpus Christi, Texas 78402

Nueces County

Community: Brooklyn

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$365,000 4 br, 4.0 bath 1060 sq. ft. 0.110 acres

11%+ CAP RATE! FURNISHED TRIPLEX ON NORTH BEACH - INVESTOR OPPORTUNITY Exceptional investment opportunity just two blocks from the beach on North Beach in Corpus Christi. This furnished triplex offers strong income potential and a prime location near top attractions, including the Texas State Aquarium, USS Lexington, and local restaurants. Conveniently situated just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The property features a new roof installed in 2022 and three well-maintained units. The upstairs unit, approximately 1,060 square feet, is an updated 2-bedroom, 2-bathroom with central air, granite countertops, laminate and vinyl flooring for easy beach cleanup, and a wood-burning fireplace. Walkway decks surround the upper level, providing outdoor space and coastal breezes. The two downstairs units are updated 1-bedroom, 1-bathroom layouts with hard-surface flooring, tiled walk-in showers, and window units. These units have been successfully rented on a week-to-week basis to project workers but offer significant income upside as short-term or vacation rentals, especially during peak tourist seasons. The North Beach Canal Project, if completed as planned, is expected to enhance the area's value and appeal even further. Current and potential rental rates easily surpass the 1% rule, making this a rare find for investors seeking strong cash flow in a desirable location. Whether you are looking to expand your rental portfolio, operate a short-term rental business, or enjoy a personal beach retreat with rental income, this property delivers excellent versatility and return potential.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 1060
  • Year Built: 1975
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Electric (Heating), Central
  • Garage: On Street
Exterior:
  • Lot Size: 0.110 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame, WoodSiding
  • Roof: Shingle
  • MLS #: 466417
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Contact Information:
Beach Home For Sale in Corpus Christi, Texas
Listing Agent: Diane Gardner, The Place Of Houses, 573-280-4345, 361-882-5588 Listing Site, Listing Status: Active
Copyright © 2025 South Texas Multiple Listing Service, LLC. 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: 6753603
Viewed 37 times.
Updated: Oct 23, 2025

This property is a Home located at 419 Gulfspray Avenue, Corpus Christi, Texas 78402, and is currently For Sale at $365,000. This Home has 4 bedrooms, 4.0 baths, 1060 sq ft.