Description
PRICE IMPROVEMENT! WATERFRONT SHORT-TERM RENTAL OPPORTUNITY – Steps from the Beach! Welcome to Lorimar Place — a 10-unit waterfront complex on Lake Padre with the beach just one block away. This is the kind of property savvy investors look for: prime location, strong vacation rental appeal, and value-add potential. This 1-bedroom loft-style unit offers the coastal experience today’s travelers are searching for. Guests will love the sparkling water views upon arrival and the private back patio and boat dock — perfect for morning coffee or sunset drinks. Inside, the open-concept living area features soaring ceilings that enhance the sense of space and picture windows to brighten the room, a cozy wood-burning fireplace (a rare bonus feature for winter Texans), Loft-style bedroom layout for added charm and flexibility. The kitchen includes a courtyard-facing window that brings in extra natural light — an easy opportunity to elevate finishes and increase nightly rates with cosmetic updates. Why This Works as a Vacation Rental: Waterfront location on Lake Padre Beach access just one block away Pool steps from the front door Private dock for fishing & relaxing Small 10-unit complex = boutique feel Ideal size for weekenders & winter Texans Strong appeal for short-term rental platforms The unit is a blank slate — giving investors the opportunity to modernize finishes and significantly increase rental income potential. With the right updates and furnishings, this could easily become a top-performing coastal Short-Term Rental. Whether you're expanding your STR portfolio or looking for a dual-purpose personal getaway + income property, this one checks the boxes. Invest in location. Elevate the design. Maximize the returns. ...Come Coast Awhile... Serious Buyers and CASH ONLY. As-is sale.
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1BEDS
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0.04ACRES
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1BATHS
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11/2 BATHS
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525SQFT
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$251$/SQFT
School Information
Description
PRICE IMPROVEMENT! WATERFRONT SHORT-TERM RENTAL OPPORTUNITY – Steps from the Beach! Welcome to Lorimar Place — a 10-unit waterfront complex on Lake Padre with the beach just one block away. This is the kind of property savvy investors look for: prime location, strong vacation rental appeal, and value-add potential. This 1-bedroom loft-style unit offers the coastal experience today’s travelers are searching for. Guests will love the sparkling water views upon arrival and the private back patio and boat dock — perfect for morning coffee or sunset drinks. Inside, the open-concept living area features soaring ceilings that enhance the sense of space and picture windows to brighten the room, a cozy wood-burning fireplace (a rare bonus feature for winter Texans), Loft-style bedroom layout for added charm and flexibility. The kitchen includes a courtyard-facing window that brings in extra natural light — an easy opportunity to elevate finishes and increase nightly rates with cosmetic updates. Why This Works as a Vacation Rental: Waterfront location on Lake Padre Beach access just one block away Pool steps from the front door Private dock for fishing & relaxing Small 10-unit complex = boutique feel Ideal size for weekenders & winter Texans Strong appeal for short-term rental platforms The unit is a blank slate — giving investors the opportunity to modernize finishes and significantly increase rental income potential. With the right updates and furnishings, this could easily become a top-performing coastal Short-Term Rental. Whether you're expanding your STR portfolio or looking for a dual-purpose personal getaway + income property, this one checks the boxes. Invest in location. Elevate the design. Maximize the returns. ...Come Coast Awhile... Serious Buyers and CASH ONLY. As-is sale.