$1,299,000

Multi Family In Galveston

  • 8 Beds
  • 8 Baths
  • 4,000 Sqft
  • 5,228 Sqft lot
  • Updated: June 10
  • 1
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21288717

About the Property

Sealy Paradise Apartments is a newly constructed, 8-unit multifamily property situated in Galveston’s East End Historic District — one of the island’s most sought-after neighborhoods — just half a mile from the beach and Seawall Boulevard. Built with institutional-quality finishes and materials rarely found at this price point, the property offers investors a low-maintenance, income-producing asse
Sealy Paradise Apartments is a newly constructed, 8-unit multifamily property situated in Galveston’s East End Historic District — one of the island’s most sought-after neighborhoods — just half a mile from the beach and Seawall Boulevard. Built with institutional-quality finishes and materials rarely found at this price point, the property offers investors a low-maintenance, income-producing asset in one of Texas’s most resilient coastal rental markets.

Each of the eight 1BD 1BA units (~500 SF) features stainless steel appliances, in-unit washer and dryer, LVP flooring, recessed lighting, and dedicated closet space. The building was constructed to a high standard throughout — fire-rated drywall, thermal and sound insulation, and a full fire sprinkler system are all in place. The elevated pier foundation provides flood protection while creating a generous covered parking area at grade, and the zero-scaping, stairwell-accessed layout keeps common area maintenance and operating costs to a minimum. City waste collection further reduces overhead.

Units are currently leasing at $1,500 per month with pass-through expenses, pets allowed with deposit, and lease structures that allow for both annual and seasonal rent increases. First occupants came online in September 2025. With above-market rents, a supply-constrained island location, and a flat-roof, modern metal exterior that stands apart from the surrounding historic streetscape, Sealy Paradise is positioned to deliver stable cash flow and long-term appreciation.
  • Property type

    Other

  • Year built

    2023

  • Price/sqft

    $324

Features

  • Open Kitchen
  • Modern
  • New Builds
  • Stone Countertops
  • Parking
  • Coastal
  • Washer Dryer

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808 Sealy Avenue, Galveston, Texas, United States View on Google Maps
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NRES - Fort Worth

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Texas, United States
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NRES - Fort Worth
Fort Worth, Texas, United States
View agency profile
Last updated
June 10
First listed
Jun 3
Listing reference
21288717
Listing status
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