3913 Padre Blvd
South Padre Island, TX 78597

This newly remodeled, two-story hotel property is located at the high-traffic intersection of Padre Blvd. and Oleander, centrally positioned on South Padre Island. Originally built in 1981, the property underwent a significant renovation in 2021, offering a modern and well-maintained structure with a total of 58 rooms (including 9 suites and 48 guest rooms). The building spans 22,464 SF on a 1-acre lot, providing ample space for guests and convenient amenities.

With a price tag of $4,500,000, this property is an ideal investment opportunity within an Opportunity Zone, offering the potential for long-term tax benefits. The property is classified as a Class C building, making it an affordable option for those looking to enter the hospitality market. The hotel offers a 2.04/1,000 SF parking ratio, providing plenty of parking for guests, and benefits from proximity to major airports, including Brownsville/South Padre Island International Airport (25.6 miles) and Valley International Airport (48.4 miles).

This property is well-suited for investors seeking a stable income-producing asset in a popular tourist destination, with significant potential for both short-term revenue and long-term capital appreciation.