For Sale

Urb. Sardinera Beach Calle A Dorado, Puerto Rico 00646

$28,000,000
19 more
Urb. Sardinera Beach CALLE A, Dorado, Puerto Rico 00646

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

24 Bedrooms
18 Bathrooms
25,501 Sqft
Property Description

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.

Basic Details
Active
Residential Income
Multi-Family
For Sale
PR9108162
$28,000,000
24
18
0
25,501 Sqft
1990
2.50 Acre
$1
Features
Yes
Beach,Gulf/Ocean
Beach,Gulf/Ocean - Full
Address Map
US
PR
Dorado
Dorado
00646
CALLE A
Urb. Sardinera Beach
0
COSTA DE ORO, URB. SARDINERA BEACH, DORADO, PR
W67° 43' 6.5''
N18° 28' 25.3''
Additional Info
BEYOND COMMERCIAL GROUP LLC
Phillip Faigenblat
787-397-0458
$0
$0
No Minimum
Courtesy of Phillip Faigenblat with BEYOND COMMERCIAL GROUP LLC
Phone: 787-397-0458
Listing ID #PR9108162
Contact Agent

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

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