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5,175 Sqft
732 Lot Sqft
Multi-Family

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Estimated electricity cost

An Energy Ogre member at this location would SAVE $336/year.

About this property

Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base. The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.

MLS#
75347006
List Price
$1,105,000 ($214/Sqft.)
Listing Status
For Sale
Address
3506 Cove View Blvd
City
State
TX
Zip Code
Legal Description
PALMS AT COVE VIEW CONDOMINIUMS (2008) ABST 121, 0
Property Type
Multi-Family
Stories
1
Building Size
5,175 Sqft/Appraisal District
Year Built
1983 /Appraisal District
Lot Size
732 Sqft/Appraisal District
Maintenance Fee
$3,050 / Monthly
Key Map©
401B
Market Area

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Property website

Exterior

Roof
Composition
Exterior Type
Cement Board

Interior

Cooling
Central Electric
Heating
Heat Pump

Rooms

Unit1 Bed
15 x 12
Unit1 Kitchen
8 x 7
Unit1 Living
13 x 13
Unit2 Bed1
11 x 11
Unit2 Bed2
11 x 9
Unit2 Kitchen
13 x 11
Unit2 Living
14 x 13
1 Bdr #
2
2 Bdr #
3
2 Bdr #
1
Studio #
1
StudioKitchen
10 x 11
StudioLivingRoom
9 x 8
StudioBedroom
13 x 11

See the lot information

Lot Size
732 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial information

Financing Considered
Cash Sale, Conventional, FHA, Investor, Owner Financing
Other Fees
Yes / 6100 / Reserves, Transfer fees TBD
Maintenance Fee
Yes / $3050 / Monthly
Maint Fee Includes
Cable TV,Common Grounds,Exterior Building,Garbage Service,Insurance,Recreational Facilities,Water and Sewer
Tax Rate
1.6952

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

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Analysis for
3506 Cove View Blvd
An Energy Ogre member at this location would SAVE $336/year. Find out more
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Estimated Monthly Payments

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Explore school information

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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

UTR TEXAS, REALTORS

17000 El Camino Real Ste 107, Houston, TX 77058

UTR-Texas, Realtors is an independent real estate company with over 300 agents serving the Greater Houston Area. Our agents assist clients in Harris, Fort Bend, Brazoria, Galveston, Montgomery, and other nearby Counties. Our company ranks in the top 1% of over 3600 real estate offices who reported sales in the Houston area Multiple Listing Service since 2012 through today. Buying and selling real estate is an important decision. We know the process can be challenging. Our experienced agents will listen to your needs and goals and then help you reach them. Whether it is a $200,000 home, a $1,000,000 home, or a multi-million dollar commercial property, we have the experience and expertise to make the process easier for you.

Information source

Houston Association of REALTORS®
Source last updated Apr 15, 2026 at 10:37 AM
Listing last updated Dec 22, 2025 at 05:27 PM
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3506 Cove View Blvd, Galveston, TX 77554. View photos, map, tax, nearby homes for sale, home values, school info...

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