Tropical Studio Apartments presents a rare opportunity to acquire a 32-unit multifamily investment in the heart of North Beach with unobstructed Gulf views. Located just minutes from the USS Lexington Museum, Texas State Aquarium, the Port of Corpus Christi, downtown, beaches, restaurants, and entertainment, this property is ideally positioned in one of the Coastal Bend's most sought-after waterfront destinations. The property consists of two buildings featuring 32 studio apartments, each approximately 472 square feet with a private balcony overlooking the Gulf. Owned and operated by the same owner since 2005, Tropical Sunset Apartments has been managed primarily through referrals and word of mouth with minimal online marketing, creating significant upside for an investor looking to modernize operations, increase occupancy, and maximize income potential. Whether your vision is a renovated multifamily community, an extended-stay destination, or another value-add investment strategy (subject to local regulations and approvals), the possibilities are substantial. Located within an Opportunity Zone, the property may also offer additional benefits for qualifying investors. With its irreplaceable North Beach location, panoramic Gulf views, and exceptional redevelopment potential, this location offers a rare chance to transform an established coastal property into a premier investment opportunity.
| MLS # | 479858 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 40 |
| Listing Provided By | Prime Real Estate | Angelica Elizondo |
| Bed(s) | 32 |
|---|---|
| Bath(s) | 32 Total |
| SQ Feet | 17,312 |
| Story(s) | 3 |
| Building(s) | 2 |
| Acreage | 1.93 |
| Water Front | Yes |
| Property View | Yes |
| Lot Features | Beach Front |
|---|
| Parking Features | Attached, Covered |
|---|
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78402 |
| Community Name | Brooklyn |
| Listing VS Median (in Brooklyn) | |
Price: $1,800,000 low | high Med: $365,000 sqft: 17,312 low | high Med: 1,060 $ / sqft: $104 low | high Med: $344 On site: 40 low | high Med: 162 | |
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78402 |
| Community Name | Brooklyn |
| Listing VS Median (in Brooklyn) | |
Price: $1,800,000 low | high Med: $365,000 sqft: 17,312 low | high Med: 1,060 $ / sqft: $104 low | high Med: $344 On site: 40 low | high Med: 162 | |