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.
Exterior Features
Style Traditional
Construction Condo
Siding Brick
Exterior Dock, Patio, Landscaping
Roof Shingle
Garage No
Garage Description Concrete, FrontEntry
Water Public
Sewer PublicSewer
Lot Description Landscaped
Interior Features
Heating Central, Electric
Cooling CentralAir
Fireplaces Yes
Fireplaces Description Other, WoodBurning
Year Built 1983
Neighborhood & Schools
Subdivision Lorimar Place Condo
Elementary School Flour Bluff
Middle School Flour Bluff
High School Flour Bluff
Financial Information
Parcel ID 455900020040
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.