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Urb. Sardinera Beach CALLE A

Multi-family For Sale
$21,000,000

BTC: 216.06234201

ETH: 6,033.85856636

-$7M (2024/11/02)
136 days
Waterfront
24 bds
25,501 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

One or more photo(s) has been virtually staged. Income Generating Portfolio or Redevelopment of Land Portfolio. Discover Costa de Oro, an exclusive land portfolio in the heart of Dorado, Puerto Rico, offering an unparalleled investment opportunity for discerning developers and investors. Situated adjacent to the esteemed Dorado Beach Hotel & Resort and sharing the same beach as the Ritz Carlton Resort and Dorado Beach East, Costa de Oro is 40 feet away from beautiful beaches and a myriad of beachside activities. This exceptional portfolio comprises seven income-generating properties, presenting versatile development options with significant future potential. The properties can potentially be rezoned to CT-I parameters to maximize density and unit ratios. Envision a stunning hotel with 300 keys or a luxurious residential complex with up to 120 3-bedroom units. With its prime location and proximity to world-class dining and entertainment, Costa de Oro is poised for exponential growth. The area is a thriving hub for tourism, ensuring a steady stream of visitors and a robust return on investment. Currently, the property generates income through short-term rentals and commercial bays leased to restaurant tenants. The short-term rental portfolio includes 18 rentable units fully remolded by the current owner. Commercial spaces are fully leased by existing restaurants. Gross Building Area: Parcels A: 8,610 sq. ft. (11 short-term rental units) Parcels B: 12,467 sq. ft. (three restaurants) Parcels C: 4,424 sq. ft. (7 short-term rentals + restaurant) Image Rendering Disclaimer: The renderings presented in this MLS listing/marketing flyer are artistic representations of a potential mixed-use development. These images are intended for illustrative purposes only and may not accurately reflect the final design or features of the project. Prospective buyers and interested parties are encouraged to conduct their own due diligence and consult with professionals to verify all details and ensure the design and project meet their specific requirements. The potential unit count and zoning analysis on the flyer were provided by the owner.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1990
Lot:
2.50 Acres
Heating:
None
Price/sqft:
$823
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • None

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 24

  • Property

    • Pool Private: Yes

    • Exterior Features: Balcony / Fenced / Lighting / Sidewalk

    Lot

    • Lot: 2.50 Acres

    Other Property Information

    • Parcel Number: 01908502726

    • Zoning: RT-I, CT-L

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Source details

    • MLS ID: PR9108162

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: None

    • Pool Features: In Ground

    • Waterfront: Yes

    • Living Area: 25501

    • Water Source: Public

    • Subdivision Name: COSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BEYOND COMMERCIAL GROUP LLC