Prime South Padre Island Waterfront Property
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Asking Price
$19,500,000
Detailed Information
South Padre Isand, Texas, US
Not Provided
NA
Business Description
This 39-acre property on South Padre Island features stunning waterfront views and direct access to the beach on one side and the intercoastal on the other. It has been operating as an Adventure Park, offering a variety of activities including horseback riding, a petting zoo, ziplining, and water sports, generating over $2.1 million in annual revenue. The property is a popular destination for vacationers, fishing enthusiasts, and boaters. Approved for industrial, commercial, and residential development, the property presents significant expansion opportunities. Approved plans include a beachfront restaurant, a 250-room resort hotel, waterfront homes, and retail facilities. The owner is retiring and is open to offering seller financing. This prime location offers a range of possibilities for further development and investment in a sought-after tourist destination. With its prime waterfront location and diverse revenue streams from the Adventure Park activities, this South Padre Island property presents an attractive investment opportunity. Approved for various development options including a resort hotel