🎯🏠✳️DISCOUNTED WATERFRONT CONDO FOR SALE on South Padre Island, Corpus Christi, TX 78418✳️🏠🎯

Nueces County, Corpus Christi, TX, 78418
Sold
Listed at: November 10th, 2022
Price
$162,000
ARV
$230,000
Gross Margin
$68,000
Sq. Footage
980
Type
Condo
Parking
Attached Garage
Year build
1974
Lot size
1779.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Waterfront Condo! It is at Anchor Resort in Corpus Christi, on Padre Island, which offers a boat slip, a parking spot, two pools, bbq pits, 24-hour surveillance, wi-fi, and great value. It is a secure environment and close to Texas A&M CC for college students; close to the bluff, or a great economical vacation rental considering the location and ease of access to the water. It is right on a canal.


VIDEO WALK-THRU AVAILABLE


PROPERTY DETAILS & NEEDS - CONDO

  • 3 Beds/2 Baths
  • 980 sqft (Lot 1779sqft)
  • ARV - 230,000


HOW CAN YOU PROFIT FROM THIS DEAL

  • Air DNA

$169 Average Daily Rate, 55% Occupancy,

Estimated Annual Revenue: $33,973

  • Perfect Short-Term Rental with Utilities included in HOA!


PROPERTY CONDITION

  • The property will be vacant at closing
  • Fully furnished
  • Granite countertop in kitchen and bathroom
  • HVAC - 5 years
  • The property is in a good condition, including electrical and plumbing
  • HOA - utilities and insurance are included


COMPARABLES

14300 S Padre Island Dr. Unit#186 - $237,000(1/1.5, 740 sq ft,1974)

14300 S Padre Island Dr. Unit#159 - $110,500(0/1.5, 388 sq ft, 1974)


RENTOMETER

14506 Verdemar Dr (3/3, 2,026 sqft) - $2,995

14303 Kemps Way (3/3, 1,382 sq ft) - $2,200


For more Details or to schedule a walk-thru please call (512) 812-8317 or email Sales@acfbuyshomes.com.


ACF Property Liquidators is selling its equitable interest in the contract to purchase the aforementioned properties. All properties are sold for cash or hard money. Buyer's responsibility to do your own due diligence and verify all information. Prices are NET to the seller with the buyer paying all closing costs unless otherwise stipulated. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. Buyer is to pay a $595 closing fee to an external transaction coordination company.

Videos

Walkthrough Video

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Antione Fernandes

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Disposition manager