808 Sealy Avenue
Property Description
Sealy Paradise Apartments is a newly constructed, 8-unit multifamily property situated in Galveston's East End Historic District - one of the island's most sought-after neighborhoods - just half a mile from the beach and Seawall Boulevard. Built with institutional-quality finishes and materials rarely found at this price point, the property offers investors a low-maintenance, income-producing asset in one of Texas's most resilient coastal rental markets. Each of the eight 1BD 1BA units (~500 SF) features stainless steel appliances, in-unit washer and dryer, LVP flooring, recessed lighting, and dedicated closet space. The building was constructed to a high standard throughout - fire-rated drywall, thermal and sound insulation, and a full fire sprinkler system are all in place. The elevated pier foundation provides flood protection while creating a generous covered parking area at grade, and the zero-scaping, stairwell-accessed layout keeps common area maintenance and operating costs to a minimum. City waste collection further reduces overhead. Units are currently leasing at $1,500 per month with pass-through expenses, pets allowed with deposit, and lease structures that allow for both annual and seasonal rent increases. First occupants came online in September 2025. With above-market rents, a supply-constrained island location, and a flat-roof, modern metal exterior that stands apart from the surrounding historic streetscape, Sealy Paradise is positioned to deliver stable cash flow and long-term appreciation.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,299,000 |
| No. of Units: | 8 |
| Year Built: | 2023 |
| Opportunity Zone: | No |
| Price per unit: | $162,375 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 8 |
ID: 3yd-NTREIS-21288717
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