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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.
| DAYS ON MARKET | 26 | LAST UPDATED | 2/14/2026 |
|---|---|---|---|
| TRACT | Lorimar Place Condo | YEAR BUILT | 1983 |
| COUNTY | Nueces | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Flour Bluff |
|---|---|
| Jr. High School | Flour Bluff |
| High School | Flour Bluff |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Insurance, Maintenance Grounds, Maintenance Structure |
| CONSTRUCTION | Brick |
| EXTERIOR | Dock |
| FIREPLACE | Yes |
| HEAT | Central, Electric |
| HOA DUES | 450 |
| LOT | 1742 sq ft |
| LOT DESCRIPTION | Landscaped, Waterfront |
| LOT DIMENSIONS | 1673 |
| PARKING | Concrete |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground, Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Lorimar Place Condo |
| UTILITIES | Cable Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Access |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coastline Properties
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This IDX solution is (c) Diverse Solutions 2026.
