Property photo 1
Property photo 2
0 Baths
5,532 sqft

$1,350,000

3405 Ocean Drive, Corpus Christi TX, 78411

Price per sqft$244.03
Built in1970
Property size5,532 sqft
Property typeMulti-family

Overview

Active

Listed Oct 8, 2026

Updated 47h ago

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 $135,000 per unit. The property consists of eight 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences, each with an in-unit washer and dryer. 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.

$8,982/mo

Est. mortgage payment based on a $1,350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

View
Yes
Waterfront
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Courtesy of Listed Simply, Sinan Zakaria

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jim Banks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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