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4295 Highway 87
Port Bolivar, TX 77650
Bolivar Yacht Basin · Land For Sale
·
272.00 AC
Investment Highlights
- Unique waterfront development opportunity with Marina Expansion Permit Approved for Development
- Direct access to Galveston Bay and the Intercostal Waterway.
- Certified quantities of beach quality sand and overburden exceeding $5 Million.
- Existing permitted and protected marina location.
- Existing Water Control and Improvement district.
Executive Summary
Perfect for investors or developers, this property is located along State Highway 87 on Port Bolivar's peninsula is 272 +/- acres of prime bay front development land, of which 212 +/- acres have potential for residential/commercial improvements with expansion of the existing marina, hotel/restaurant, yacht club, storage, RV, etc. This location is across the highway from Bolivar Beach and only 10 minutes from Bolivar Side Ferry Landing taking you into Galveston. The peninsula is tenanted by multiple RV parks, vacation rentals and resorts, as well as retail and restaurants such as Jose's Cantina, Pappy's Seafood, Tiki Beach Bar & Grill, Dollar General, Ace Hardware etc.
Property Facts
1 Lot Available
Lot
| Lot Size | 272.00 AC |
| Lot Size | 272.00 AC |
Description
Bolivar Yacht Basin consists of approximately 212 acres of bay front property on Bolivar Peninsula in Galveston County, Texas. The property and marina has been issued a 404 C permit for further expansion and improvement permit active for next 5 years. This property collectively offers an excellent opportunity for a housing development or Marina Hospitality Development coupled with a hotel and entertainment area. Proximity to Houston and immediate access to Galveston Bay and the Gulf of Mexico, make it a beach and boating lover’s dream. Real estate in the Bolivar area is driven by buyers who seek to have a vacation home convenient to Houston. Approximately 95% of the buyers are second home owners.
Property Taxes
| Parcel Number | 0203-0030-0000-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $4,390 CAD | Total Assessment | $4,390 CAD |
Property Taxes
Parcel Number
0203-0030-0000-000
Land Assessment
$4,390 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,390 CAD
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