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Hottest Beach Investments on the Tex-Mex Riviera
Realty Executives of South Padre Island      Invest@SouthPadreProperty.com
Roman C. Esparza: 512-745-7777      Rhonda Ferrone: 956-266-3995
   
   
 
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Recent Sales on the Island
     
    Gulf Point #1312         2B/2B        $164,000        967 sqft         $170 per sqft
 
 
     
     
    Las Puertas #106         2B/2B        $199,000        952 sqft         $209 per sqft
 
 
     
     
    Cyprus Villas #2        3B/3.5B      $199,900      1632 sqft      $122 per sqft
 
 
     
     
    Puerto del Sol #2304       2B/2B      $310,000      1260 sqft        $246 per sqft
 
 
     
     
    Padre Grand #703       2B/2B      $345,000       1226 sqft        $281 per sqft
 
 
     
     
    115 E Oleander        3B/3B      $349,000       1679 sqft        $278 per sqft
 
 
     
     
    Sapphire Resort #802       3B/2B      $425,000    1468 sqft       $290 per sqft
 
 
     
     
    1109 Bass Ave, Port Isabel     4B/3B   $445,000    2356 sqft     $189 per sqft
 
 
 
Tactical Real Estate Investing
 

Nothing Lasts Forever. The Housing Bubble, a perfect example.
We have been enjoying low interest rates for some time now. The signs are they will be unlikely to remain at these levels. Not only that, but just look at these real estate prices! They are low now, but will rise if there is an inflationary economy.

Don’t miss out on this time, where real estate prices are low and interest rates still low. “CASH WON'T BE KING anymore- during periods of inflation it is better to own assets, even stocks over cash which will lose value”, writes Christopher Ruddy, Financial Intelligence Report 8/10.

He is right, which is why we feel that tactical investing, or absolute return funds may be the best piece of advice you’ll get today! Be a long-term investor when it comes to real estate, and TEXAS is a great state to purchase your new asset! It is a great time to buy, and take advantage of a good deal today.

 
 
 
Private Beachfront Communities: Best Under $250 per sqft
     
    Saida Towers III #1002       1B/2B      $235,000     986 sqft      $238 per sqft
 

Awesome gulf views from 10th floor condo. This unit features a king size
bedroom and 2 full bathrooms. With a premium sleeper sofa, it accommodates
4 comfortably. Large balcony. Loads of amenities including a heated pool,
hot tubs, tennis courts, private beach access and other resort features.
Great investment, second home or weekend retreat.

 
 
     
     
    Saida Towers III #306       1B/2B      $239,000     986 sqft      $242 per sqft
 

Saida Towers offers 3 swimming pools (1 heated in the winter) jacuzzis
and tennis courts. Very popular property for vacations.

 
 
     
     
    Saida Towers III #506       1B/2B      $245,000     986 sqft      $248 per sqft
 

Very few units like this 1 bedroom, 2 bath on the market. Large condo
with open social area. Saida is the most complete resort for all your
summer activities. Direct beach view! Great rental unit.

 
 
     
     
    Marisol #302        3B/2B          $299,000         1257 sqft           $238 per sqft
 

WHAT? Ocean front with THREE bedrooms! The 3br condos at Marisol are
scarce and its been almost three years since the last one was available.
This corner unit has spectacular views from the living and generous balcony
areas and a separate private BR balcony overlooks the pool area.

 
 
     
     
    Las Villas #301      4B/4.5B      $419,000      1887 sqft       $222 per sqft
 

This is one of the highly desirable larger floorplans at Las Villas.
This spacious home is waiting for you. Get ready for a swim in the pristine
pool or perhaps watch a movie at the private on-site movie theater!
Gourmet kitchen, fully loaded. Stainless steel appliances, granite counters.

 
 
 
 
Built within Last Four Years Under $250K
     
    Rain Dancer #9          2B/2B        $168,000       921 sqft          $182 per sqft
 

Attractive 2B/2B condo, smartly decorated and very well maintained.
Lovely furnishings and stainless steel appliances are included!
High-speed Internet, DVD player, 3 TVs and washer/dryer included as well.
Relax in this quiet serene complex flourishing with lush tropical
surroundings and an inviting, sparkling blue pool.

 
 
     
     
    Cara del Sol #12       3B/3B      $179,000     1180 sqft      $152 per sqft
 

This is a beautifully constructed, finished and furnished condo.
Open floor plan, stainless appliances, granite countertops, custom cabinets,
washer/dryer and a balcony off the master bedroom. Painted with tropical
colors and very tastefully furnished. Where else can you find a 3 bedroom,
3 bath condo on the Island for under $180,000?

 
 
     
     
    Acqua Dolce II #4           2B/2B         $179,000       1132 sqft      $158 per sqft
 

This is a really spacious second floor condo on the beach side of the building
that is very close to the beach and to shopping, dining, and entertainment.
It is also a short walk to the bay. It is nicely furnished and ready for your
personal use, or as a rental/investment... or a combination. There are some
nice detail features that make it a bit more interesting than other similar
properties. Great use of tile accents, beautiful granite. Solid construction.

 
 
     
     
    Sea Glass #7          2B/2B         $185,000         1125 sqft          $164 per sqft
 

Very nice condo in one of the best maintained complexes on the Island.
Large bedrooms, great kitchen with updated stainless steel appliances,
granite counter tops and custom cabinets. Assigned tandem parking,
close to beach, entertainment district and lots of restaurants!
A must see, great investment opportunity.

 
 
     
     
    San Francisco II #1       2B/2B      $199,900     1353 sqft      $148 per sqft
 

Nice 8-plex located a block from the beach, close to EVERYTHING!
Ground floor, nicely furnished and decorated.
Pool, hot tub and large lounging area.

 
 
     
     
    Pueblo del Padre #6       2B/2B      $199,000     1007 sqft      $198 per sqft
 

Beautiful condo in the heart of South Padre Island. Located very close
to the entertainment district. It has an amazing floor plan and features
granite countertops, travertine showers, 10-foot ceilings, stainless steel
appliances, and much more!

 
 
     
     
    San Francisco I #1       2B/2B      $185,000     978 sqft      $189 per sqft
 

Granite kitchen counters, stainless steel appliances, tile living areas, lushly landscaped pool & bbq areas. Brick-paved exterior, ambient wall fountain.

 
 
     
     
    Oleander Place #101       2B/2B      $219,000     1126 sqft      $194 per sqft
 

Ground floor, spacious and well appointed with stainless steel
appliances, granite counter tops, large washer dryer, lap pool,
hot tub and only 1/3 block to the beach!

 
 
     
     
    Emerald Breeze #1         2B/2B        $229,000       1110 sqft      $206 per sqft
 

Just 3 lots from Gulf Blvd and the beach, this gorgeous ground floor condo
comes complete with granite countertops, stainless steel appliances,
10-foot ceilings and french doors off the Master bedroom to the beautiful
pool area. Professionally furnished and decorated.

 
 
 
 
Foreclosures & Short Sales
   
  Bridgeview N5, Port Isabel: Foreclosure
2B/2B      $79,900      1114 sqft      $72 per sqft
 
  Ground floor unit across from pool, all
appliances in place including stack washer/dryer.
 
   
  Surfside I #106: Foreclosure
1B/1B      $90,000      535 sqft      $168 per sqft
 
  Condo on ground floor, steps from jacuzzi in
quiet complex. Just short distance to the beach.
 
   
  Los Pelicanos Unit B: Short Sale
2B/2B      $135,000      787 sqft      $172 per sqft
 
  New construction condos with granite counters, high ceilings and tile floors. Pool & walk to beach.
 
   
  Sunset Landing #1: Foreclosure
2B/2B      $147,900      1021 sqft      $145 per sqft
 
  Amazing 2 bedroom, 2 bathroom condo with great views and a pool!
 
   
  Wild Wind V #9: Foreclosure
2B/2B      $150,900      1119 sqft      $135 per sqft
 
  Fantastic 2 bedroom, 2 bathroom
condo on beach side. Great location with a pool.
 
   
  Aqua Condos #6: Foreclosure
3B/2B      $159,900      1227 sqft      $130 per sqft
 
  Lovely condo in move-in condition, nice
open floor plan, kitchen with granite counters.
 
   
  Las Verandas #208: Foreclosure
2B/2B      $162,500      1207 sqft      $135 per sqft
 
  Gated condo community next to the Bahia Mar. Walk to beach, semi-private entrance off of pool.
 
   
  Aqua Condos #7: Foreclosure
3B/2B      $164,900      1227 sqft      $134 per sqft
 
  Spacious 3 bedroom, 2 bath upstairs
unit with all tile floors and all appliances.
 
   
  625 N Northshore, Port Isabel: Short Sale
2B/2B      $172,500      2300 sqft      $75 per sqft
 
  This is a great home on The Hill.
It is a wonderful safe neighborhood for a family.
 
   
  San Francisco I #2: Foreclosure
2B/2.5B      $175,000      1115 sqft      $157 per sqft
 
  Very comfortable condo with pool, close to
the entertainment area, short walk to the beach.
 
   
  Aqua Condos #5: Foreclosure
3B/2B      $189,000      1227 sqft      $154 per sqft
 
  Ground floor condo with 10 ft. ceilings, pool & common area, short walk to public beach access.
 
   
  Harbor View #22, Laguna Vista: Foreclosure
3B/2.5B      $225,000      1790 sqft      $126 per sqft
 
  Lovely newer townhome in good condition. Beautiful view of the Harbor and boat dock.
 
   
  Harbor Pointe #102: Short Sale
3B/3B      $238,000      1750 sqft      $136 per sqft
 
  10-unit gated complex with pool. 1/2 block to beach. Walking dist. to restaurants & shopping.
 
   
  Embassy #402: Foreclosure
2B/2B      $295,000      1167 sqft      $253 per sqft
 
  Beach front condo on the 4th floor with awesome view of Gulf of Mexico.
 
   
  Costa Verde Unit D: Foreclosure
3B/2.5B      $299,000      2126 sqft      $141 per sqft
 
  Beautiful two-story condo walking distance
from the beautiful beach! Modern interior design.
 
   
  119 E Coronado, Port Isabel: Short Sale
4B/4B      $329,900      2136 sqft      $154 per sqft
 
  Duplex with 5 garages! Two 2B/2B units
with separate office. Rental income-producing.
 
 

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Austin Branch
512-745-7777
www.AustinDomicile.com

McAllen Branch
956-971-8989
www.McAllenRealEstate.com

   
Sign up for our Austin & McAllen Real Estate newsletters
with the "Update Profile" link at the bottom of this Email.

 

 
 
  Realty Executives of South Padre Island
Roman C. Esparza, Broker CDPE®, CIAS®, ABR, GRI, RSPS 1800 Padre Blvd, South Padre Island, TX 78597

E-Mail: Invest@SouthPadreProperty.com
Roman C. Esparza: 512-745-7777
Rhonda Ferrone: 956-266-3995