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$445,970

NAL Estimated Property Value

1700 GULF BLVD. 112, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,256 Sq Ft
price_per_sqft$421.97 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Washer, Electric Water Heater

Exterior

Private PoolPrivate Pool
Lot Size1,694 sqft

Building Information

Year Built1977
Stories1
Roof Type114

Land Information

APN67-5800-0010-3070-00
Lot Number1,2
SubdivisionMarisol Apts Condominiums
Land UseResidential
Legal DescriptionSO PADRE IS- MARISOL APTS COND SUN NY ISLE PT LTS 1-2-3-4 BLK 1 APT- 307 BLDG A, 2.74% INT IN COM AREA
Census Tract012305
Assessed Land Value$112,718
Assessed Improvement Value$333,252
Assessment Year2025

About this property

Virtual Tours - bit.ly/mar112 Imagine living the beachfront dream at the Marisol Condominium. Start your mornings with a cup of coffee on your private patio as the sun rises over the Gulf. Enjoy breathtaking ocean views from the living room, dining area, and kitchen. The kitchen has been beautifully remodeled, offering an open and seamless layout. Durable Saltillo tile flooring runs throughout the unit, combining style with functionality. Convenience is key, with wet bar just off the living area, and an in-unit washer and dryer. Plus, the AC and water heater are both less than a year old. All appliances and some furnishings convey with the sale. Marisol's amenities include a heated pool, gated entry, a lush lawn with a BBQ area, a laundry room, and a front desk for your convenience. Great price for a 3-bedroom beachfront condo - don't let this one get away!

Investor Tools

Property Icon
$445,970
Estimated Property Value
$306,557Estimated Mortgage Balance
$139,413Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,584
$445,970
2025
$112,718
$333,252
$445,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,584
$445,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Unknown
$318,500
No
First
Mar 21, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,557
$139,413
31%
69%
$1,910/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,910/mo
$-610/mo
3.5%

City: SOUTH PADRE ISLAND

1700 GULF BLVD. 112 | Property Details | No Agent List