$3,400,000

Positioned adjacent to the Lake Padre marina development, this 2.087-acre, four-lot waterfront assemblage offers a rare opportunity to develop a signature luxury project in one of North Padre Island’s fastest-growing corridors. The property is ideally suited for an upscale community designed to maximize marina views, density, and long-term returns. A thoughtfully executed vertical build allows for premium view corridors, enhanced unit pricing, and strong demand from both full-time residents and second-home buyers seeking luxury coastal living. Permitted uses include high-end condominiums, luxury townhomes, duplexes, and semi-attached residences, offering flexibility to tailor the project to market demand and investor strategy. The site benefits from immediate proximity to shopping, dining, and island amenities, as well as easy access to the beaches of North Padre Island—an increasingly desirable destination driven by continued development and infrastructure growth. With limited available waterfront land and rising demand for upscale coastal residences, this property presents a compelling opportunity for value appreciation and long-term hold or sell-out potential. This is an exceptional chance for a developer or investor to create a landmark waterfront community that captures the island lifestyle while delivering strong financial performance.