200 W Retama Street, South Padre Island, TX 78597

$735,000
4
BD
3
BA
1,916
SqFt

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List Price
$735,000
Status
ACTIVE
MLS#
517389
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
1,916
Lot Size (Acres)
0.1435
Year Built
1973

Property Description

**OWNER FINANCING AVAILABLE AT JUST 4.9% INTEREST WITH A MINIMUM 20% DOWN PAYMENT! OR AS LOW AS 4.5% RATE WITH 25% DOWN!** Take advantage of this rare financing opportunity to own a fully furnished, income-producing property on South Padre Island! This versatile 4-bedroom, 3-bath coastal retreat features a unique "2 homes in 1" layout, ideal for vacation rentals, multi-gen living, or personal use with rental income potential. Each level offers a private entrance, full kitchen, and living area, allowing for flexible use. Enjoy your own private backyard oasis with a swimming pool, spacious 6-car driveway, and attached garage. Desirable corner lot near beach access, restaurants, and entertainment. No HOA! Move-in ready and fully furnished. **Owner-financing terms based on a $735k purchase price, 4.9% interest, minimum 20% down payment, 20-year amortization, and 5-year balloon.** Conventional, FHA, and VA offers welcome! Seller willing to negotiate a lower price for traditional financing.

Additional Information

Area
South Padre Island
Subdivision
So Padre Is - Padre Beach
Taxes
$7,390
Stories
2
Interior Features
Countertops (Granite), Built-in Features, Ceiling Fan(s), Decorative/High Ceilings
Amenities
None
Garage Spaces
1
Exterior Features
Balcony, BBQ Pit/Grill
Pool Description
In Ground, Outdoor Pool
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
Port Isabel ISD
Elementary School
Port Isabel
Middle School
Port Isabel Junior High
High School
Port Isabel H.S.

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Calculator source: Real Geeks

Listing courtesy of Jesus Robert De Leon with Housekey Realty

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