$365,000

419 Gulfspray Ave, Corpus Christi, TX 78402

  • 4 beds |
  • 4 baths |
  • 1,060 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $344/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

11%+ CAP RATE! FURNISHED TRIPLEX ON NORTH BEACH – INVESTOR OPPORTUNITY Exceptional investment opportunity just two blocks from the beach on North Beach in Corpus Christi. This furnished triplex offers strong income potential and a prime location near top attractions, including the Texas State Aquarium, USS Lexington, and local restaurants. Conveniently situated just over the Harbor Bridge from Downtown Corpus Christi, Whataburger Field, the Marina, museums, I-37, and more. The property features a new roof installed in 2022 and three well-maintained units. The upstairs unit, approximately 1,060 square feet, is an updated 2-bedroom, 2-bathroom with central air, granite countertops, laminate and vinyl flooring for easy beach cleanup, and a wood-burning fireplace. Walkway decks surround the upper level, providing outdoor space and coastal breezes. The two downstairs units are updated 1-bedroom, 1-bathroom layouts with hard-surface flooring, tiled walk-in showers, and window units. These units have been successfully rented on a week-to-week basis to project workers but offer significant income upside as short-term or vacation rentals, especially during peak tourist seasons. The North Beach Canal Project, if completed as planned, is expected to enhance the area’s value and appeal even further. Current and potential rental rates easily surpass the 1% rule, making this a rare find for investors seeking strong cash flow in a desirable location. Whether you are looking to expand your rental portfolio, operate a short-term rental business, or enjoy a personal beach retreat with rental income, this property delivers excellent versatility and return potential.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 9:17PM
Listing Office:
Weichert REALTORS - The Place : (361) 882-5588
Listing Agent:
Diane Gardner : (573) 280-4345
MLS ID:
473711
  • General: Window TreatmentsBreakfast Bar
  • Appliances: Electric CooktopElectric OvenElectric RangeRefrigeratorRange Hood
  • Laundry: None
  • Flooring: LaminateVinyl
  • A/C: ElectricCentral AirWindow Unit(s)
  • Heating: Window UnitCentralElectric
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • General: Deck
  • Other Structures: DeckPatioCoveredOpen
  • Parking: ConcreteFront EntryOtherOn StreetParking spaces: 6
  • Roofing: Shingle
  • Windows: Window Coverings
  • General: FrameWood Siding2Slab
  • Road/Access: AsphaltConcrete
  • HOA Amenities: 0.0
  • Originating MLS: CCMLS_CCAR
  • School District: Corpus Christi ISD
  • County: Nueces
  • Zoning: BROOKLYN BLK 65 LOT 11105500650115
  • Fencing: None
  • Utilities: Sewer AvailableWater AvailableNet Meter
  • Water: Public
  • Sewer: Public Sewer
  • Source: CCMLS_CCAR

This listing courtesy of Diane Gardner , Weichert REALTORS - The Place

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Evans Ses

1315 Comanche St, Corpus Christi, TX, 78401

Grades PK-5

2.71 miles away

C

Coles High School and Educational Center

924 Winnebago St, Corpus Christi, TX, 78401

Grades 8-12

2.16 miles away

C

Coles High School and Educational Center

924 Winnebago St, Corpus Christi, TX, 78401

Grades 8-12

2.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.