Unique opportunity to have FRACTIONAL ownership in a multifamily project in desired Crystal Beach! With stunning Gulf views and 100-yard walk to the beach. The 2 units consist of an existing recently rehabbed finished 1 story home and planned new construction 2 story home currently in the permitting process. Ready to start early January and finish May 2024, in time for the summer short term rental season. The 2 units can rent separately or combined offering 7 bedrooms, 14 beds and sleeping 24. Both will be fully furnished, offer a garage, ground floor sand shower and elevators. Also included in the rental income is an on-site Club Cart making this a very desirable Airbnb product. Currently we are offering up to 50% turnkey ownership in two 25% blocks. Each $250,000 block will include equity, profit sharing and personal use. So, jump in and enjoy all that the Bolivar Peninsula has to offer at a fraction of the price. Call Agent for more details and questions!
Location not available
Listing
Street
Satellite
Exterior Features
Style Other Style
Construction Other Style
Siding Wood
Roof Composition
Garage No
Garage Description Attached Garage
Water Public Water, Septic Tank
Sewer Public Water, Septic Tank
Lot Description Water View
Interior Features
Heating Central Electric
Cooling Central Electric
Basement Pier & Beam
Stories 2
Neighborhood & Schools
Subdivision Meynig
School Disrict 22 - Galveston
Elementary School GISD OPEN ENROLL
Middle School GISD OPEN ENROLL
High School BALL HIGH SCHOOL
Financial Information
Parcel ID 5135-0000-0079-000
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.