Urb. Sardinera Beach CALLE A Dorado, 00646
UPDATED:
11/02/2024 08:00 PM
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
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 true
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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