Urb. Sardinera Beach CALLE A Dorado, PR $ 21,000,000
Urb. Sardinera Beach CALLE A
$ 21,000,000
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Urb. Sardinera Beach CALLE A

Dorado, PR, 00646
$ 21,000,000
Bedrooms24 Baths18.0 Sq 25,501

Monthly Estimate*

$ 131,013

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Multi-Family Home for sale in Dorado, PR

for $21,000,000 with 24 bedrooms and 18 full baths. This 25,501 square foot home was built in 1990 on a lot size of 2.5.

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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Multi-Family Active

Price

$ 21,000,000

Bedrooms

24

Full Bath

18

Property Type

Multi-Family

Taxes

$ 0

Style

Multi Family

Lot Size

2.5

Year Built

1990

Town/City

Dorado

County/Region

Dorado

MLS | Web ID

PR9108162

Features
Interior
Interior Amenities ninguno
Air Conditioning Y/N yes
Heating Y/N no
Fireplace Y/N no
Laundry Features none
Total Bedrooms 24
Total Baths 18
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General
Sewer public sewer
Heating none
Cooling mini-split unit(s)
Utilities cable connected electricity connected sewer connected water connected
Roof cement metal
Zoning rt-i ct-l
Pool Features in ground
Construction Materials concrete
Pets Allowed yes
Year Built 1990
Property Subtype multi family
Ownership fee simple
Waterfront Features beach gulf/ocean
Additional Parcels Description 019-085-027-02 019-075-027-001 019-076-028-29 019-076-028-30 019-076-028-01 019-076-029-01
County dorado
New Construction no
Property Type residential income
HOA N
Subdivision Name costa de oro urb. sardinera beach dorado pr
Garage Y/N no
Status active
Directions head west on pr-26. merge onto pr-22 w and continue for 17 miles. take exit 24 toward dorado and merge onto pr-693. follow pr-693 then turn left onto calle a. your destination c 51 will be on the lef
City dorado
Number Of Units Total 18
MLS Area 00646 - dorado
Lot Size Units acres
Lot Size Square Feet 109094
Carport Y/N no
Land Lease Y/N no
Additional Parcels Y/N yes
Lease Considered Y/N yes
Building Area Units square feet
Living Area Units square feet
Standard Status active
Legal Description 7 parcels with some existing mix use structures that total 10 135.19 square meters of land area equivalent to 2.5 acres. individual lot descriptions can be provided by request of brokers or buying ag
Water View beach gulf/ocean - full
Water Access Type beach gulf/ocean
Pet Size Limit medium (36-60 lbs.)
Minimum Lease no minimum
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code zone x
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Exterior
Exterior Amenities balcony fenced lighting sidewalk
Water Source public
Lot Size Area 2.5045
Foundation Details slab
Number of Buildings 6
Lot Size Acres 2.5
Road Surface Type asphalt
Private Pool yes
Waterfront Y/N yes
Number of Lots 7
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* Excluded Features
List By
Beyond Commercial Group Llc

Broker

phillip.faigenblat@gmail.com

Email

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$131,013
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Monthly Principal & Interest
$131,013
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2024$21,000,000 -25.00% Price Down
8/10/2024$28,000,000 Listed Price

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Urb. Sardinera Beach CALLE A, Dorado, PR, 00646 is a Multi-Family Home for sale at $21,000,000 with 25,501 sqft and a lot size of 2.5. Urb. Sardinera Beach CALLE A has 24 bedrooms, 18.0 baths, and was built in 1990. The property's zip code is 00646 which is in Dorado, PR