Listing Courtesy of: Phillip Faigenblat - BEYOND COMMERCIAL GROUP LLC
787-397-0458
$21,000,000
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Urb. Sardinera Beach Calle A Dorado, PR 00646
Multi-Family
Residence
24
Beds
18
Baths
Sq. Ft.
3
Acre
Lot
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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 ad...jacent 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.
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MLS#
PR9108162
Property Type
Multi-Family
Bedrooms
24
Bathrooms
Year Built
1990
Lot Size
3
Sewer
Public Sewer
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