PREMIER DEVELOPMENT SITE IN OPPORTUNITY ZONE! 15.82 acres- 1040ft waterfront!! FORMER MARINA SITE AT THE FOOT OF THE SPI CAUSEWAY on the Laguna Madre Bay. Access to the Gulf of Mexico, Intracoastal Waterway & Brownsville Ship Channel nearby. Over 1-acre of parking in the 8.21 acres plus 7.6 acres fee simple submerged land. Previous city leased submerged land adjacent to fee simple submerged land. Near South Padre Island. Prime location for a marina, multifamily units, restaurant, or vendors associated with any current expansion at the ship channel. End-use can be residential, or commercial. The seller is flexible. Possible seller financing or trade. See virtual tour & additional pictures.
From Hwy 100 at the causeway on Port Isabel side, turn south & proceed to Adams st. Go straight to the end of the street & you will run into the parking lot of this property.