Urb. Sardinera Beach CALLE A
Dorado, PR 00646
24 beds | 2.50 acres | #PR9108162
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.
Interior Details
- InteriorNinguno
Beds & Baths
- Bedrooms24
Property Details
- Exterior MaterialsBalcony, Fence, Lighting, Sidewalk
Measurements
- Acres2.5
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1990
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesCable Connected, Electricity Connected, Sewer Connected, Water Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionCOSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR
Location
- CountyDorado
Financial Details
- Original List Price$28,000,000
- Days on Market (Cumulative)72
Restrictions
- Pets AllowedYes
Other
- MLS #PR9108162
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Barnes | Broker
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Phillip Faigenblat (#MFR743524326)
Listing Office: BEYOND COMMERCIAL GROUP LLC (#MFR743524326)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.