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15561 S Padre Island Dr

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Address: 15561 S Padre Island Dr, Corpus Christi, TX 78418, USA

Texas + Land/Development

Created date: February 20, 2024

Date last updated: September 5, 2024

Fully platted (see attached)

Property Description

North Padre Island is experiencing strong residential and multifamily growth. Whitecap NPI is under way with an $800 million master planned community will offer many amenities as a residential and resort destination. The development will include a beach environment with shops, cates, market, yacht club and a national preserve. The community is 240 acres in total with room for about 780 residential lots and is a planned 7 year project. In addition to Whitecap NPID, Lake Padre Development is planned east of Park Road 22 and south of South Route 361. This 120 acre development will bring a marina, apartments, hotel, shopping and entertainment. The development has more than 2 miles of waterfront. The first phase of Lake Padre Development should kick off with a beachfront 250 unit apartment complex in mid 2024. The subject property offers an excellent opportunity to join in the explosive growth of North Padre Island to serve the needs of the community, tourists, and travelers. This property is well suited for hotel/restaurant and retail development or a small townhome/condo project.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$1,325,095
Lot Size:	1.69 Sq ft
Opportunity Zone:	No
Property Website	Click Here