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$568,335

NAL Estimated Property Value

3000 Gulf Blvd Apt 1004, SOUTH PADRE ISLAND, TX, 78597

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,120 Sq Ft
price_per_sqft$508.04 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size566 sqft

Building Information

Year Built1983
Stories1
Roof Type114

Land Information

APN67-7720-0100-1004-00
Lot Number1,7,S
SubdivisionSun Tide Phase Iii Condominiums
Land UseResidential
Legal DescriptionUNT 1004 SUN TIDE PHASE III CONDOMINIUMS PADRE BEACH SEC V LOTS 1-7 BLK 62, .703% INT IN COMM AREA
Census Tract012305
Assessed Land Value$37,692
Assessed Improvement Value$530,643
Assessment Year2025

About this property

PRICE REDUCTION, BEACH FRONT views from kitchen, dining area, living area, master bedroom, or relax on your own large private BACHFRONT balcony. Beautiful fully furnished/remodeled 2bdr/2batrh BEACHFRONT condo on the 10th floor. New stainless steel refrigerator, stove, mircrowave and diswasher. Tiled floors throughout, Granite kitchen counter tops, washer/dryer, freshly painted through out, new bathroom fixtures, and lights, 4 new ceiling fans, new sleeper sofa and lounge chair in living room, new dining table and chairs, move in ready, a must see. Centrally located condo complex, short walk to entertainment district, many restaurants, and the local grocery store is a block away. Assigned covered parking. GREAT RENTAL POTENTIAL.

Investor Tools

Property Icon
$568,335
Estimated Property Value
$402,123Estimated Mortgage Balance
$166,212Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,042/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,665
$568,335
2025
$37,692
$530,643
$568,335
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,665
$568,335

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$412,500
No
First
Nov 25, 2024
Dec 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,123
$166,212
29%
71%
$2,474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$2,474/mo
$-1,174/mo
2.7%

City: SOUTH PADRE ISLAND

3000 Gulf Blvd Apt 1004 | Property Details | No Agent List