808 Sealy Ave, Galveston, TX 77550

$1,299,000
: 8
BD
: 8
BA

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List Price: $1,299,000
Price Change: ▼ $21,000 1781060073
MLS#: 21288717
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2023
Construction Status: Preowned
Bedrooms: 8
Full Baths: 8
Acres: 0.12
County: Galveston
City: Galveston
Subdivision: Galveston Townsite
Building Name: Sealy Paradise Apartments

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Property Description

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.

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