Urb. Sardinera Beach CALLE A Active

Dorado,00646

$ 21000000

24 Beds

18 Baths

25501 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,501 sqft

Price per Sqft $823

Subdivision Costa De Oro, Urb. Sardinera Beach, Dorado, Pr

MLS Listing ID PR9108162

Bedrooms 24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1990

Lot Size 2.500 Acres

Acres 2.5

Property Description

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

County Dorado

Community Costa De Oro, Urb. Sardinera Beach, Dorado, Pr

Zoning RT-I, CT-L

Interior

Interior Features Ninguno

Heating None

Cooling Mini-Split Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony,Fence,Lighting,Sidewalk

Pool In Ground

Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected

Waterfront Description Beach Front,Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

Roof Type Cement,Metal

Garage false

Private Pool Yes

Building

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Pets Allowed Yes

Pet Size Medium (36-60 Lbs.)

Ownership Fee Simple

Num of Pet 1

Special Listing Condition None

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