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For sale
  • $21,000,000

    Urb Sardinera Beach Calle #A, Dorado, PR 00646

    11beds
    8baths
    25,501sqft
    : 
    Multi Family
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $823/sqft
    $-- HOA

    What's special

    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.
    259 days
    on Zillow
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    619
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    10
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    Zillow last checked: 7 hours ago

    Listing updated: November 02, 2024 at 09:02am

    Listing Provided by:

    Phillip Faigenblat 787-397-0458,

    BEYOND COMMERCIAL GROUP LLC 787-397-0458

    Source: Stellar MLS,MLS#: PR9108162MLS LogoOriginating MLS: Puerto Rico

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 8
    Heating
    • None
    Cooling
    • Ductless
    Appliances
    • Laundry: None
    Features
    • None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 25,501 sqft

    Property

    Features
    • Exterior features: Balcony, Lighting, Sidewalk
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Beach, Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Beach,Gulf/Ocean - Full
    • Waterfront features: Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
    Lot
    • Size: 2.5 Acres
    Details
    • Additional parcels included: 019-085-027-02, 019-075-027-001, 019-076-028-29, 019-076-028-30, 019-076-028-01, 019-076-029-01
    • Parcel number: 01908502726
    • Zoning: RT-I, CT-L
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Cement,Metal
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: COSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Dorado

    Financial & listing details

    • Price per square foot: $823/sqft
    • Date on market: 8/10/2024
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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