General Description
minimizeWalking Distance to the Beach! This fully furnished 11 unit apartment complex with a beach house for a total of 12 units, has been converted from the Surfside Motel and is a complete rehab, entire building has been re-piped, on city sewer. The property consists of 3-Two Bedroom Units rent for $150/night, 1-One bedroom units rents for $150/night, and 7 Studios with full kitchenettes and baths rent for $125/night. The beach house is a 2 bedroom one and a half bathroom that sleeps eight, with HVAC, separate water & electric meters that's $250/night. Currently all units are almost all 100% booked and full. This property sits on 2 lots. Easy access off Blue Water Highway and surrounded by many restaurants, public beach access, and Surfside Jetty Park with public boat ramp. 9.1% Cap Rate. Already fully occupied with Airbnb residents. Make an offer today!
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $112.33 | $606,600 | 35.38% | $606,600 | 35.38% |
2022 | $82.98 | $448,081 | 155.67% | $448,081 | 155.67% |
2021 | $32.46 | $175,260 | -48.91% | $175,260 | -48.91% |
2020 | $63.53 | $343,050 | 0.00% | $343,050 | 0.00% |
2019 | $63.53 | $343,050 | 0.00% | $343,050 | 0.00% |
2018 | $63.53 | $343,050 | $343,050 |
2023 Brazoria County Appraisal District Tax Value
Market Land Value: | $529,250 |
Market Improvement Value: | $77,350 |
Total Market Value: | $606,600 |
2023 Tax Rates
SURFSIDE BEACH: | 0.2815 % |
VELASCO DRAINAGE DIST: | 0.0673 % |
BRAZORIA COUNTY: | 0.2707 % |
BRAZOSPORT COLLEGE: | 0.2648 % |
PORT FREEPORT: | 0.0160 % |
COUNTY ROAD & BRIDGE: | 0.0433 % |
BRAZOSPORT ISD: | 0.9533 % |
Total Tax Rate: | 1.8969 % |
Estimated Mortgage/Tax
minimizeEstimated Monthly Principal & Interest (Based on the calculation below) | $ 3,418 |
Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 959 |
Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
Good |
Good |
View Nearby Schools ↓
Property Map
minimize330 Coral Court Surfside Beach TX 77541 was recently sold. It is a 5,400 SQFT, in S/D Tr 48.
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