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Urb. Sardinera Beach Calle A

Dorado, PR 00646

24 beds
18 baths
25,501 sqft
~3 acre lot
$823 per sqft
1990 build
– on site

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.

Listing courtesy of STELLAR_MLS / BEYOND COMMERCIAL GROUP LLC

Last checked: Checking… • Last updated Nov 2, 2024 •

MLS# PR9108162 —

The Building

Year Built:

1990
New Construction:

false
Construction Materials:

Concrete
Roof:

Cement
Foundation Details:

Slab
# of Buildings:

6
Building Area Units:

Square Feet

Interior

Interior Features:

Ninguno
Fireplace:

false

Room Dimensions

Living Area:

25501
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

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 left.
Latitude:

18.473061
Longitude:

-66.281389
Coordinates:

-66.281389, 18.473061

The Property

Parcel Number:

01908502726
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

2.5
Lot Size Area:

2.5045
Lot Size SqFt:

109094
Lot Size Units:

Acres
Total Acres:

2 to less than 5
Zoning:

RT-I, CT-L
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

Zone X
Additional Parcels:

true
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
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax 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 agents.

Beds

Bedrooms Total:

24

Baths

Total Baths:

18

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

None

The Community

Subdivision Name:

COSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR
Water View:

Beach
Water View:

true
Water Access:

Beach
Water Access:

true
Waterfront:

true
Waterfront Features:

Beach
Pool Private:

true
Pool Features:

In Ground
Pets Allowed:

Yes
# of Pets:

1
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

18

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/2/24 Nov 2, 2024	Price Changed	STELLAR_MLS	$21,000,000	-25.0%
8/10/24 Aug 10, 2024	Listed / Active	STELLAR_MLS	$28,000,000

Multifamily For Sale

$21,000,000

Price drop −$7,000,000

Listing provided by broker:

Phillip Faigenblat

BEYOND COMMERCIAL GROUP LLC

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This multifamily located in Dorado, PR 00646 is currently for sale for $21,000,000. Urb. Sardinera Beach Calle A is a 25,501 square foot multifamily with 24 beds and 18 baths that has been on Estately for 104 days.

Listing Courtesy of: STELLAR_MLS and BEYOND COMMERCIAL GROUP LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.