200 W Retama St

South Padre Island TX 78597

1916 sq. ft.

6249.99 sq. ft.

Single-Family

Currently for sale - view listing

Overview

**OWNER FINANCING AVAILABLE AT JUST 4.9% INTEREST WITH A MINIMUM 20% DOWN PAYMENT! OR AS LOW AS 4.5% RATE WITH 25% DOWN!** Take advantage of this rare financing opportunity to own a fully furnished, income-producing property on South Padre Island! This versatile 4-bedroom, 3-bath coastal retreat features a unique "2 homes in 1" layout, ideal for vacation rentals, multi-gen living, or personal use with rental income potential. Each level offers a private entrance, full kitchen, and living area, allowing for flexible use. Enjoy your own private backyard oasis with a swimming pool, spacious 6-car driveway, and attached garage. Desirable corner lot near beach access, restaurants, and entertainment. No HOA! Move-in ready and fully furnished. **Owner-financing terms based on a $735k purchase price, 4.9% interest, minimum 20% down payment, 20-year amortization, and 5-year balloon.** Conventional, FHA, and VA offers welcome! Seller willing to negotiate a lower price for traditional financing.