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204 Oleander Dr., South Padre Island, TX 78597

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For Sale

$965,000

4 beds • 4 baths • 2,805 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $344.03
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

This income-generating multi-family building features four well-maintained 1-bedroom, 1-bathroom units AND 8 INCOMING PRODUCING STORAGE UNITS offering additional revenue streams and great potential for long-term profitability each condo is designed for comfort and functionality. All units currently occupied offering immediate rental income. Situated on the bay interior of South Padre Island, the location provides easy access to local amenities and attractions while offering a peaceful, serene environment. Short-term rentals are permitted, adding flexibility for different leasing strategies, whether for long-term tenants or vacationers seeking a retreat near the bay.
MLS# 103494

Courtesy Of Patrick McNulty, Broker

(956) 572-3191

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Tile

Map and Directions

Directions to 204 Oleander Dr., South Padre Island, TX 78597

Home seller CENTURY 21 Johnston Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Johnston Company

(956) 425-3333
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 South Padre Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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