3405 Ocean Drive, Corpus Christi, TX 78411
Local realty services provided by:ERA Experts
Listed by: sinan zakaria
Office: listed simply
MLS#:627385
Source:TX_FRAR
Price summary
- Price:$1,249,000
- Price per sq. ft.:$225.78
About this home
RARE TURNKEY 10-UNIT INVESTMENT ON PRESTIGIOUS OCEAN DRIVE
3405 & 3409 Ocean Drive | Corpus Christi, Texas
A rare opportunity to acquire a fully furnished, turnkey 10-unit income-producing property directly on Ocean Drive, one of Corpus Christi's premier waterfront corridors.
Surrounded by high-value residential real estate and positioned along the beautiful Corpus Christi Bayfront, this property offers 10 furnished rental units in a premier Ocean Drive location at just $129,000 per unit.
The property consists of eight 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences, with the added convenience of an in-unit washer and dryer in every unit.
All 10 residences are offered fully furnished and turnkey, allowing a new owner to continue the property's established furnished rental model without the cost, time and effort of furnishing 10 individual units.
STRONG EXISTING RENTAL INCOME
Current average monthly rents:
8 × 2BR/1BA: approximately $1,500/month each
2 × 1BR/1BA: approximately $1,350/month each
Approximately $14,700 average monthly rent roll
Approximately $176,400 annualized rent roll
The property's furnished configuration gives an investor exceptional flexibility. Continue operating the residences as short-term rentals (STR/Airbnb), 30+ day mid-term rentals (MTR), traveling-professional or workforce housing, or combine rental strategies to maximize occupancy and revenue, subject to applicable regulations.
LOCATION, LOCATION, LOCATION
Ocean Drive is one of Corpus Christi's defining addresses, known for its waterfront setting, beautiful homes and access to Corpus Christi Bay.
The property offers convenient access to downtown Corpus Christi, major hospitals and medical centers, universities, employment centers, restaurants, recreation and the waterfront, appealing to traveling professionals, contract workers, relocating tenants and extended-stay guests....
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Home facts
- Year built:1970
- Subdivision & Development:P A Cliffs
- Listing ID #:627385
- Added:19 day(s) ago
- Updated:October 28, 2026 at 02:16 PM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave
- Living area:5,532 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1970
- Building area:5,532 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,249,000
- Price per sq. ft.:$225.78
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
- Laundry features:Electric Dryer Hookup, Gas Dryer Hookup
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