8008 Seawall Blvd - Commercial LAND FOR SALE


Galveston, TX 77551- Lake Madeline257,875 SF
$14,775,000 USD
409-220-6979
8008 Seawall Blvd, Galveston, TX for Sale
$14,775,000 USD
Commercial LAND - FOR SALE
1/16
257,875 SF

8008 Seawall Blvd
Galveston, TX 77551
Lake Madeline


HIGHLIGHTS

  • 8008 Seawall Boulevard is an approximately 5.9-acre site located along the Galveston beachfront with an existing apartment complex currently closing.
  • Flexible zoning and tourism-focused market trends make this an ideal site for mixed-use projects, waterfront residences, beach resorts, and more.
  • Redevelopment-ready site with several curb cuts and all utilities present, including sewer capacity for at least 164 units and 3-phase power.
  • Record-breaking cruise activity in ‘24, with a new terminal coming in ‘25 and recent city funding for comprehensive cruise and cargo port upgrades.
  • Minutes from Galveston’s best destinations, such as The Strand, Moody Gardens, Discover Pyramid, Pleasure Pier, Schlitterbahn Water Park, and more.
  • Capitalize on growth as the population within a 3-mile radius rose by 12.8% from 2020 to 2024 and is estimated to increase another 7% by 2029.

OVERVIEW

Conveyance Real Estate invites developers, investors, and visionaries to explore this premier opportunity and create a landmark destination on the Galveston beachfront as the city enters a new era of prominence and prosperity. 8008 Seawall Boulevard spans 5.92 acres across two adjacent parcels along the waterfront with approximately 668 feet of Seawall Boulevard frontage. The property is offered as a land redevelopment play with a multifamily community, The Antigua Apartments, currently standing. The existing infrastructure provides developmental advantages with all utilities present, including 3-phase power and sewer capacity for at least 164 units. Buyers will be working with a motivated seller, as this property has not been on the market in over 60 years, and with an equally motivated city government eager to align the site with emerging market trends. 8008 Seawall Boulevard has a highly flexible zoning designation, allowing for a luxury resort, high-end coastal residences, a visionary mixed-use project, and more; any of which will see its success rocketed in tandem with Galveston’s upward trajectory. Galveston’s port is ranked first in Texas and fourth in the nation for busiest cruise ports, bringing in $733 million of business revenue in 2023. The port saw 3.4 million passengers in 2024 and is pacing for an estimated 400 sailings and 3.6 million passengers in 2025. This faster-than-expected growth spurred the Galveston Wharves Board of Trustees to pass funding for an updated 20-year master plan in Q1 2025 to support additional cruise infrastructure. In the near term, another cruise terminal will open in November 2025 to homeport MSC and Norwegian cruise lines. The Port of Galveston’s cargo business is also being bolstered by similar efforts and is poised to complete a $90 million improvement and expansion project to the West Port Cargo Complex in 2026. Mainland Galveston is not without its own economic drivers. It hosts more than 80 festivals and events annually and has destinations like Moody Gardens, Schlitterbahn, Pleasure Pier, The Bryan Museum, and more for year-round attractions. Underpinning its commitment to growth, the City of Galveston has made significant investments in the revitalization of the Strand District, a charming corridor of historic houses, boutiques, fine dining, atmospheric doors, and other character-filled establishments. Education and healthcare also fortify Galveston’s economic backbone with the University of Texas Medical Branch, the American National Insurance Company, and Texas A&M University at Galveston providing high-income jobs for much of the population. Discover this rich tapestry of commerce drivers and elevate success with Galveston’s rising economic tide by leaving an enduring legacy at 8008 Seawall Boulevard today.

FOR SALE DETAILS

PRICE

$14,775,000 USD

PRICE/ACRE

$2,495,779/AC

PRICE/SF

$57 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Oceanfront Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Hospitality, Apartment Units, Hotel

LAND ACRES

5.92 AC

LAND SF

257,875 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C

APN/PARCEL ID

374999,375001

ASK ABOUT THIS PROPERTY

Michael ChangConveyance Real Estate LLCMore Info
409-220-6979

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Michael ChangConveyance Real Estate LLCMore Info
409-220-6979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.