204 W PALM ST, SOUTH PADRE ISLAND, TX 78597 — Cameron County
TABC permit number: MB799261 (type: Bar/restaurant serving distilled spirits, wine, and beer for on-premise consumption) — Category: Bar
Owner / operator: PALM STREET PIER, INC.
License status: Surrendered (expires 2026-02-28)
License first issued: 2023-05-02
Lobo Del Mar reported $11.9K in July 2025.
Trailing-12 receipts: $681K (-68.8% YoY, -81.4% MoM). Clean compliance record. Located in South Padre Island.
Peak monthly receipts: $0 ().
Based on trailing receipts and Texas hospitality industry multiples.
Source: Texas Comptroller franchise tax records.
Computed audit risk: MEDIUM. Factors: Revenue collapsed to 19% of historical average ($11,947 vs $60,499/mo avg).
Permit-level public data assembled by BoozeReports from Texas Comptroller mixed beverage receipts, TABC license registry, local health inspection feeds, and federal court records. View full interactive bar profile.