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$3,375,000

Beds
Unknown
sq ft
1,559

2821 S 11th St Unit 105, Port Aransas, TX 78373

2821 S 11th St Unit 105

Port Aransas, TX 78373

  • 168 days on market
    • Price drop $325,000↓
Welcome to this stunning investment property that boasts 5 individual luxury townhomes in the heart of Port Aransas, TX. Ideally located on 11th St near beach access 1A! Property is zone for short- term rental. This 15 beds/15 bath complex is being sold as 1 unit to offer unmatched opportunity and flexibility for a boutique hotel or resort style vacation retreat. This property offers a private heated & chilled pool. Each unit is 3 bed/3 bath with two living spaces that can accommodate a variety of guest. Townhomes also have designated parking per unit. The HOA is in place but could be eliminated for added flexibility. This sale includes all fixtures and furniture, such as an industrial ice maker, smart car charging station, high end furniture and much more! Making this property convenient and turnkey, perfect for the busy investor! Don't miss out on this rare opportunity to own a unique in-town investment property! Schedule by appointment only.

Details

Property type

Townhouse

Est. home value

$634,250

Lot size

2,749 sq ft

Price per sq ft

$2,165

Year built

2014

Annual property taxes

$6,569

HOA

Yes

Price History

09/13/2024
CentralTexas

CentralTexas #546242

Price change
$3,375,000
-8.78%
06/04/2024
CentralTexas

CentralTexas #546242

Listed
$3,700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Port Aransas ISD

Number of units in community: 

5

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Security State Bank & Trust

Loan start date

October 2021

Original loan amount

$530,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Purchase Money Mortgage

Seller

Beachspace Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 7:40 AM

Listing updated: 10/03/2024 at 2:59 PM

Listed by: Charles Gallagher, Reliance Residential Realty - Phone #: (830) 629-3338

MLS: CentralTexas #546242

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