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Off market
  • $343,200

    5600 Gulf Blvd #703, South Padre Island, TX 78597

    1beds
    589sqft
    Condo
    Built in 1987
    -- sqft lot
    $343,200 Zestimate®
    $583/sqft
    $1,827 Estimated rent

    Home value

    $343,200

    $316,000 - $374,000

    $1,827/mo

    Zestimate® history
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    $3,224/mo

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    What's special

    This is a fantastic opportunitty. This condo is a WOW!! Totally rennovated with new flooring, all new kitchen and bath, new furniture, new AC 2021, new water heater and disposal 2022. Fresh and stylish interior opens to massive, covered beachfront balcony. Beautiful sunrises and southeast breezes from this oversized balcony. Entry to condo is just steps from the elevator to covered parking and beach access. The Inverness offers a pool, hot tub, covered gated garage, and front desk. It's been a great rental with a gross income in 2021 of $40,289. It is almost solid booked with guests for summer so don't miss the 360 degree virtual tour whereby you can see every inch of the condo.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 589 sqft

    Property

    Lot
    • Size: 348 Square Feet
    Details
    • Parcel number: 6740100703000000

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1987

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $828 monthly
    Location
    • Region: South Padre Island

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $394,099
    • Annual tax amount: $6,702

    Price history

    DateEventPrice
    7/19/2022Sold--
    Source: SPIBOR #96254 Report a problem
    7/7/2022Pending sale$330,000$560/sqft
    Source: SPIBOR #96254 Report a problem
    7/3/2022Price change$330,000+1.5%$560/sqft
    Source: SPIBOR #96254 Report a problem
    6/25/2022Pending sale$325,000$552/sqft
    Source: SPIBOR #96254 Report a problem
    6/21/2022Listed for sale$325,000$552/sqft
    Source: SPIBOR #96254 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,702 +4.2%$394,099
    2024$6,435 -0.4%$394,099
    2023$6,460 +30.9%$394,099 +51.3%
    2022$4,934 $260,409 +31.8%
    2021-- $197,574
    2020-- $197,574 +64.8%
    2019$2,476 +2%$119,906
    2018$2,428 -3.9%$119,906 -2.1%
    2017$2,526 -11.4%$122,419 -12.1%
    2016$2,851 +0.6%$139,267 -1%
    2015$2,834 $140,617 -1%
    2014$2,834 $141,967 -0.9%
    2013-- $143,315 -8.4%
    2012-- $156,493 -6.4%
    2011-- $167,132 -18%
    2010-- $203,729 +4.4%
    2009-- $195,163 +0.1%
    2008-- $194,968 +3.8%
    2007-- $187,881
    2000$1,366 --
    Find assessor info on the county website

    Neighborhood: 78597

    Nearby schools

    GreatSchools rating
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