1628 Seawall Blvd
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1628 Seawall Blvd
6 Unit Apartment Building $4,266,000 CAD ($711,000 CAD/Unit) Galveston, TX 77550
Investment Highlights
- beachfront
- beautiful pool area
Executive Summary
For Sale: Condo Coco – Your Dream Beachfront Retreat!
Discover Condo Coco 6 stunning one-bedroom, one-and-a-half-bathroom beachfront condo nestled in the heart of Galveston. The idyllic Condo Coco Resort is on the Gulf of Mexico. This Mediterranean-style gem in Galveston offers breathtaking sea views from every level, including a private balcony off the primary bedroom. Imagine waking up to the soothing sounds of the ocean and enjoying magnificent sunsets right from your home.
Property Highlights:
Charming Bi-Level Design: Experience refined elegance with modern island interiors and original artwork. The main level features a fully equipped kitchen, a cozy living area with a fold-out platform sleeper sofa, and a convenient half bath.
Luxurious Accommodations: The primary bedrooms boast an organic mattress, blackout shades for uninterrupted rest, and an ensuite bathroom with a standalone shower. Step onto your private balcony to savor morning coffee or unwind in the evening with stunning ocean views.
Outdoor Living:
Enjoy the shared amenities of this fully fenced, gated property, which includes:
A gulf-side pool surrounded by lush gardens and a suntan ledge for ultimate relaxation.
An elevated deck for sun and moonrise views, complete with a shared hot tub, outdoor gas grill, and preparation station.
A serene space blending vintage and modern outdoor seating for social gatherings or quiet reflection after a day at the beach.
Convenient outdoor shower to rinse off the sand before heading inside.
Prime Location:
Condo Coco is conveniently located within walking distance to some of Galveston's best attractions:
Longboard Palapa Bar: Just steps away (1 min walk)
Miller's Seawall Grill: Delicious seafood and American fare (2 min walk)
Pleasure Pier: Thrilling amusement park rides (3 min walk)
Seawall Beach: Direct access to sandy shores, right across the street
Nearby dining options include the renowned Gaido's Seafood Restaurant and the vibrant Mosquito Cafe, ensuring you’ll never run out of delicious choices.
Ideal Investment Opportunity:
Whether you seek a personal seaside retreat or a lucrative investment in a high-demand rental market, Condo Coco offers both charm and potential. With six identical units in the complex, this is an incredible chance to own a slice of paradise.
This property consists of a full beachfront condo complex and attached land. There are 6 units as well as a pool and hot tub area. There is ample parking and room ( and plans) for many additional units. Additional opportunities for wedding space or separating the land from the condos. Sale to honor future bookings and projections are from the existing property management company.
Discover Condo Coco 6 stunning one-bedroom, one-and-a-half-bathroom beachfront condo nestled in the heart of Galveston. The idyllic Condo Coco Resort is on the Gulf of Mexico. This Mediterranean-style gem in Galveston offers breathtaking sea views from every level, including a private balcony off the primary bedroom. Imagine waking up to the soothing sounds of the ocean and enjoying magnificent sunsets right from your home.
Property Highlights:
Charming Bi-Level Design: Experience refined elegance with modern island interiors and original artwork. The main level features a fully equipped kitchen, a cozy living area with a fold-out platform sleeper sofa, and a convenient half bath.
Luxurious Accommodations: The primary bedrooms boast an organic mattress, blackout shades for uninterrupted rest, and an ensuite bathroom with a standalone shower. Step onto your private balcony to savor morning coffee or unwind in the evening with stunning ocean views.
Outdoor Living:
Enjoy the shared amenities of this fully fenced, gated property, which includes:
A gulf-side pool surrounded by lush gardens and a suntan ledge for ultimate relaxation.
An elevated deck for sun and moonrise views, complete with a shared hot tub, outdoor gas grill, and preparation station.
A serene space blending vintage and modern outdoor seating for social gatherings or quiet reflection after a day at the beach.
Convenient outdoor shower to rinse off the sand before heading inside.
Prime Location:
Condo Coco is conveniently located within walking distance to some of Galveston's best attractions:
Longboard Palapa Bar: Just steps away (1 min walk)
Miller's Seawall Grill: Delicious seafood and American fare (2 min walk)
Pleasure Pier: Thrilling amusement park rides (3 min walk)
Seawall Beach: Direct access to sandy shores, right across the street
Nearby dining options include the renowned Gaido's Seafood Restaurant and the vibrant Mosquito Cafe, ensuring you’ll never run out of delicious choices.
Ideal Investment Opportunity:
Whether you seek a personal seaside retreat or a lucrative investment in a high-demand rental market, Condo Coco offers both charm and potential. With six identical units in the complex, this is an incredible chance to own a slice of paradise.
This property consists of a full beachfront condo complex and attached land. There are 6 units as well as a pool and hot tub area. There is ample parking and room ( and plans) for many additional units. Additional opportunities for wedding space or separating the land from the condos. Sale to honor future bookings and projections are from the existing property management company.
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$233,791
|
$48.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$233,791
|
$48.77
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $233,791 |
| Annual Per SF | $48.77 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $233,791 |
| Annual Per SF | $48.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $4,266,000 CAD | Building Class | C |
| Price Per Unit | $711,000 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 4,794 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome |
| Price | $4,266,000 CAD |
| Price Per Unit | $711,000 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 4,794 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2024 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+2 | 6 | - | 799 |
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Walk Score ®
Very Walkable (75)
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1628 Seawall Blvd
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