Listing provided courtesy of SPI Beachfront RealtyMLS# 104242MLS ProviderContact Information: 9565720521
  • 300 days on site
  • 15 views

An exceptional investment opportunity awaits with this fully occupied 5-plex, perfectly positioned in the heart of Port Isabel on two prominent corner lots. Boasting a prime location directly across from the city park and just a 5-minute drive over the causeway to the sandy beaches of South Padre Island, this property offers both convenience and long-term value in one of the area's most desirable markets. The main residence features 3 spacious bedrooms, 2.5 baths, and a 2-car garage, blending comfort and function for tenants seeking a larger home environment. Complementing the main home are three studio efficiencies, each with its own private bath, along with a well-appointed 1-bedroom, 1-bath apartment. Together, these five units create a diverse mix of rental options that appeal to a wide range of tenants. Currently producing $4,777 per month in rental income, this property represents a stable, income-generating asset with immediate returns. Prime location & strong rental history!

Source: South Padre Island MLS, MLS#: 104242

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  • Property Type
    Residential Income
  • Lot
    0.28 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 510 S Musina #A-E


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/5/2026Source: South Padre Island MLS Price Reduction
$499,900 -3.7%
9/3/2025Source: South Padre Island MLS Added to Database
September 03, 2025