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.
| MLS # | 21288717 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 79 |
| Listing Provided By | NRES | Andrew Neumann |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| Story(s) | 2 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.12 |
| Cooling | Electric |
|---|---|
| Heating | Electric |
| Interior Features | Built-in Features, Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry |
| Appliances | Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer |
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detector(s) |
| Construction Materials | Frame, Wood |
| Foundation Details | Pillar/Post/Pier |
| Parking Features | Covered |
|---|
| Utilities | Cable Available, City Sewer, City Water, Electricity Connected, Master Water Meter |
|---|
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | Galveston |
| Community Name | Galveston Townsite |
| School District | Galveston ISD |
| Elementary School | Burnet |
| High School | Ball |
| Listing VS Median (in Galveston Townsite) | |
Price: $1,299,000 low | high Med: $1,299 On site: 79 low | high Med: 86 | |
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | Galveston |
| Community Name | Galveston Townsite |
| School District | Galveston ISD |
| Elementary School | Burnet |
| High School | Ball |
| Listing VS Median (in Galveston Townsite) | |
Price: $1,299,000 low | high Med: $1,299 On site: 79 low | high Med: 86 | |