Two buildingsPanoramic gulf viewsUnobstructed gulf views
Tropical Studio Apartments presents a rare opportunity to acquire a 32-unit multifamily investment in the heart of North Beach with unobstructed Gulf views. Located just minutes from the USS Lexington Museum, Texas State Aquarium, the Port of Corpus Christi, downtown, beaches, restaurants, and entertainment, this property is ideally positioned in one of the Coastal Bend's most sought-after waterfront destinations.
The property consists of two buildings featuring 32 studio apartments, each approximately 472 square feet with a private balcony overlooking the Gulf. Owned and operated by the same owner since 2005, Tropical Sunset Apartments has been managed primarily through referrals and word of mouth with minimal online marketing, creating significant upside for an investor looking to modernize operations, increase occupancy, and maximize income potential.
Whether your vision is a renovated multifamily community, an extended-stay destination, or another value-add investment strategy (subject to local regulations and approvals), the possibilities are substantial. Located within an Opportunity Zone, the property may also offer additional benefits for qualifying investors.
With its irreplaceable North Beach location, panoramic Gulf views, and exceptional redevelopment potential, this location offers a rare chance to transform an established coastal property into a premier investment opportunity.
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Zillow last checked:
Listing updated:
Listed by:
Angelica Elizondo361-460-3075,
Prime Real Estate
Source: South Texas MLS,MLS#: 479858Originating MLS: Corpus Christi
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 32
Bathrooms: 32
Full bathrooms: 32
Heating
Electric, Window Unit
Cooling
Electric, Window Unit(s)
Appliances
Included: Electric Oven, Electric Range, Refrigerator
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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