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Investment Highlights
- Capital Preservation & Zero Initial CapEx: 2026 new construction minimizes initial maintenance reserves and repair overhead.
- 1031 Exchange Ready: Turnkey build with clear title, immediate occupancy, and flexible execution options.
- Management Efficiency: Four large townhomes on one physical parcel provide economies of scale.
- Tax Acceleration Eligible: Qualifies for Cost Segregation acceleration and 27.5-year residential straight-line depreciation benefits.
- Operational Versatility: Multi-family zoning allows for STR (Short Term Vacation Rentals), Long Term Lease Up, or Hybrid Strategy.
- Tenant Attraction: Each unit features an attached 1-car garage and a private enclosed yard - rare amenity highlights.
Executive Summary
13981 Ports O Call Drive is a brand-new, four-unit multi-family asset positioned in the growing North Padre Island coastal submarket. The property represents an ideal acquisition for investors seeking low-maintenance ownership, clean capital deployment, and strategic operational flexibility.
Unlike single-family homes or individual condominium units, this quadplex consolidates four spacious residential townhomes under a single management footprint.
Each of the four identical townhome units features:
3 bedrooms / 2.5 baths
Open Living Layout
Laundry
Attached Private 1-Car Garage
Private Enclosed Rear Yard & Covered Patio
Durable, Low-Maintenance Materials (Hardie Board exterior, luxury vinyl plank flooring, granite surfaces, SS kitchen appliance suite)
The layout appeals directly to both long-term residential renters seeking space and garage storage, as well as vacation guests needing multi-bedroom accommodations.
Located steps from canal access and minutes from Gulf Coast beaches, waterfront dining, boating, kayaking, fishing, bird watching, surfing - this property benefits from year-round recreational activities.
ACQUISITION SUMMARY:
Price: $1,260,000
Total Units: 4 Townhomes
Total Building Area: 5,636 +/- SF
Occupancy Status: Vacant / Brand New Construction
Association: Padre Isles POA (PIPOA)
Buyer and Buyer's Agent to independently verify all property dimensions, square footage, taxes, insurance requirements, zoning ordinances, PIPOA dues/transfer fees, and intended operational use.
Unlike single-family homes or individual condominium units, this quadplex consolidates four spacious residential townhomes under a single management footprint.
Each of the four identical townhome units features:
3 bedrooms / 2.5 baths
Open Living Layout
Laundry
Attached Private 1-Car Garage
Private Enclosed Rear Yard & Covered Patio
Durable, Low-Maintenance Materials (Hardie Board exterior, luxury vinyl plank flooring, granite surfaces, SS kitchen appliance suite)
The layout appeals directly to both long-term residential renters seeking space and garage storage, as well as vacation guests needing multi-bedroom accommodations.
Located steps from canal access and minutes from Gulf Coast beaches, waterfront dining, boating, kayaking, fishing, bird watching, surfing - this property benefits from year-round recreational activities.
ACQUISITION SUMMARY:
Price: $1,260,000
Total Units: 4 Townhomes
Total Building Area: 5,636 +/- SF
Occupancy Status: Vacant / Brand New Construction
Association: Padre Isles POA (PIPOA)
Buyer and Buyer's Agent to independently verify all property dimensions, square footage, taxes, insurance requirements, zoning ordinances, PIPOA dues/transfer fees, and intended operational use.
Property Facts
| Price | $1,758,078 CAD | Lot Size | 0.19 AC |
| Price Per Unit | $439,520 CAD | Building Size | 5,636 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Apartment Style | Townhome | Parking Ratio | 1.42/1,000 SF |
| Building Class | B | ||
| Zoning | RM-3 Multi-Family | ||
| Price | $1,758,078 CAD |
| Price Per Unit | $439,520 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 5,636 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | RM-3 Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Double Pane Windows
- Island Kitchen
- Linen Closet
- Pantry
- Patio
- Vinyl Flooring
Site Amenities
- Individual Locking Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 4 | - | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 289046 | Improvements Assessment | $0 CAD |
| Land Assessment | $176,122 CAD | Total Assessment | $176,122 CAD |
Property Taxes
Parcel Number
289046
Land Assessment
$176,122 CAD
Improvements Assessment
$0 CAD
Total Assessment
$176,122 CAD
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13981 Ports O Call Dr
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