$2,500,000
3 Bed
2 Bath
12,686 Sqft

516 Holiday Drive, Galveston, Texas 77550

  • Residential Income Property Type
  • 12,686 Sqft Square Footage
  • Paved Cars Garage
  • 1969 Year Built
Property Description

Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.

Basic Details
Residential Income
For Sale
74484509
$2,500,000
3
2
12,686 Sqft
1969
2
Multi Family
: Other
Active
$0
Features
: Central, Electric
: Central Air, Electric
: Paved
: Tile
: Water Available, Electricity Available
$0
Address Map
TX
Galveston
Galveston
77550
Holiday
516
Drive
W95° 13' 43.3''
N29° 18' 34.8''
From Seawall Blvd, Turn left onto Holiday Dr. Complex is on the right.
33
Neighborhood
GISD OPEN ENROLL
22 - Galveston
BALL HIGH SCHOOL
22 - Galveston
22 - Galveston
GISD OPEN ENROLL
MLS Addon
Triumph Realty
Audrey Lunstedt
$0
$0
$0
$0
$0
Additional Information
12686
: Brick, Wood Siding
: Two
20
2026-05-15
2
https://dl.dropboxusercontent.com/scl/fi/nt1neggwmz3d6a5ur9c1i/516-Holiday-Dr-Galveston.mp4?rlkey=bwexp9cyxvhcwcdiemaoyqc51&raw=1
Financial
33892.0
Listing Information
David Moosavi
DMoosavi
TIUR01
Triumph Realty
alunstedt
TIUR01
Active
2026-05-31T22:06:04Z
HAR
2026-05-15T21:31:28Z
Speer Companies Brokerage
Speer Companies Brokerage
Contact Broker