Urb. Sardinera Beach CALLE A Dorado, Puerto Rico

Property Type: Residential Income
Subtype: Multi Family
Status: Active
24
Rooms
Baths
$21,000,000
Sale
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.
Address: Urb. Sardinera Beach CALLE A Dorado, Puerto Rico 00646

Additional Details

Interior

Total Bedrooms
24
Other Interior Features
Ninguno

Exterior

Construction Materials
Concrete
Cooling
Ductless
Other Exterior Features
Balcony, Fence, Lighting, Sidewalk

General

Days on Market
389
Pets Allowed
Yes

Area and Lot

Lot Size in Acres
2.5
Living Area in SQFT
25501
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Frontage
Beach Front, Gulf/Ocean

Financial

Annual Tax
$0
HOA Fees
$0

Location

Head west on PR-26. Merge onto PR-22 W and continue for 17 miles. Take exit 24 toward Dorado and merge onto PR-693. Follow PR-693, then turn left onto Calle A. Your destination, C 51, will be on the left.

Interested in this property? Get in touch

Phillip Faigenblat

License: #18456
1052 Muñoz Rivera
Rio Piedras Puerto Rico, 00927

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