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956-476-2925
RE/MAX Platinum
200 W Retama Street, South Padre Island, TX 78597
- $735,000
- 4
- BD
- 3
- BA
- 1,916
- SqFt
- List Price
- $735,000
- Status
- ACTIVE
- MLS#
- 517389
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,916
- Lot Size (Acres)
- 0.1435
- Year Built
- 1973
Property Description
**OWNER FINANCING AVAILABLE AT JUST 4.9% INTEREST WITH A MINIMUM 20% DOWN PAYMENT! OR AS LOW AS 4.5% RATE WITH 25% DOWN!** Take advantage of this rare financing opportunity to own a fully furnished, income-producing property on South Padre Island! This versatile 4-bedroom, 3-bath coastal retreat features a unique "2 homes in 1" layout, ideal for vacation rentals, multi-gen living, or personal use with rental income potential. Each level offers a private entrance, full kitchen, and living area, allowing for flexible use. Enjoy your own private backyard oasis with a swimming pool, spacious 6-car driveway, and attached garage. Desirable corner lot near beach access, restaurants, and entertainment. No HOA! Move-in ready and fully furnished. **Owner-financing terms based on a $735k purchase price, 4.9% interest, minimum 20% down payment, 20-year amortization, and 5-year balloon.** Conventional, FHA, and VA offers welcome! Seller willing to negotiate a lower price for traditional financing.
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Additional Information
- Area
- South Padre Island
- Subdivision
- So Padre Is - Padre Beach
- Taxes
- $7,390
- Tax Year
- 2025
- Stories
- 2
- Interior Features
- Countertops (Granite), Built-in Features, Ceiling Fan(s), Decorative/High Ceilings
- Amenities
- None
- Living Area
- 1,916
- Garage Spaces
- 1
- Exterior Features
- Balcony, BBQ Pit/Grill
- Community Features
- None
- Lot Size
- 6,249
- Pool
- Yes
- Pool Description
- In Ground, Outdoor Pool
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- Port Isabel ISD
- Elementary School
- Port Isabel
- Middle School
- Port Isabel Junior High
- High School
- Port Isabel H.S.
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Listing courtesy of Jesus Robert De Leon with Housekey Realty