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$21,000,000
135 Days On Site

Urb. Sardinera Beach CALLE A
DORADO, 00646

For Sale|Multi Family|Active
24
Beds
18
Full Baths
0
Partial Baths
25,501
SqFt
$823
/SqFt
1990
Built
Subdivision:
COSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR
County:
Dorado

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Urb. Sardinera Beach CALLE AUrb. Sardinera Beach CALLE AUrb. Sardinera Beach CALLE AUrb. Sardinera Beach CALLE A
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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.

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Listing Snapshot
Price 
$21,000,000
Days On Site 
135 Days
Bedrooms 
24
Inside Area (SqFt) 
25,501 sqft
Total Baths 
18
Full Baths 
18
Partial Baths 
N/A
Lot Size 
2.5 Acres
Year Built 
1990
MLS® Number 
PR9108162
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $21,000,000
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
2.5
Foundation 
Slab
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RT-I, CT-L
Interior Features
Laundry Features 
None
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Exterior Features
Construction Details 
Concrete
Exterior 
BalconyLighting
Lot Features 
Waterfront
Pool Features 
In GroundPrivate
Private Pool 
Yes
Roof 
Metal
View 
BeachWater
Waterfront 
Yes
Waterfront Features 
Beach FrontOcean FrontBeach Access
Waterview 
BeachWater
Community Features
MLS Area 
00646 - Dorado
Roads 
Asphalt
Listing courtesy of BEYOND COMMERCIAL GROUP LLC 7873970458



Listing information is provided by Participants of the Stellar MLS. 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
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