MASTER RENTAL: STRATEGIC INVESTMENT LOT IN DOWNTOWN (RESIDENTIAL/COMMERCIAL)
CENTRAL LOT. MAXIMUM PROFITABILITY. MIXED-USE. UNIQUE INVESTMENT OPPORTUNITY.
DESCRIPTION
Secure your financial future with this strategically located, multifunctional property in a key central hub. With a generous area of 4,553.13 Sq Ft (423 m²) and highly desirable Residential, Commercial, and Mixed-Use zoning, this lot offers unparalleled flexibility to maximize your return on investment and development potential.
The property already generates income, featuring four independent rentable units, totaling 1,889.92 Sq. Ft. (175.60 m2) of existing construction, guaranteeing instant cash flow from day one. The units are designed to attract diverse tenant profiles, allowing for excellent rent diversification:
One commercial/studio unit faces the street (complete with kitchen and full bathroom), ideal for short-term rentals or business use. There are two independent apartments, one on the ground floor (1 bedroom) and one on the upper floor (2 bedrooms), both with kitchen and services. Finally, an attractive third palapa-style construction (mezzanine with bedroom) is perfect for high-value vacation rentals.
Its location is Premium, with main access from a busy avenue, ensuring high commercial exposure and excellent viability. The long-term value lies in the land and its Mixed-Use zoning, allowing you to develop a higher-density project (residential or commercial) maximizing the profitability of your 4,553.13 Sq. Ft. (423 m²) while the existing units cover your investment.
THE AREA
The environment in the center of Playa del Carmen is dynamic and lively. With cobblestone streets full of life, you will find a mix of local culture and international tourism. There is a vibrant dining scene with a wide variety of restaurants serving everything from authentic Mexican cuisine to international dishes. Shops, boutiques and street markets offer a unique shopping experience. During the day, the nearby beaches are a popular place to relax and enjoy the sun and turquoise Caribbean sea. At night, the center comes to life with live music, lively bars and nightclubs, offering entertainment for all tastes. In short, the environment in downtown Playa del Carmen is vibrant, diverse and full of energy.
The best feature is its location with the proximity to Fifth Avenue, this famous pedestrian street is home to shops, restaurants, bars and nightlife, so being close to it is convenient to enjoy the tourist offer. This land allows you to design and build according to your needs and preferences, whether for residential, commercial or mixed use. It has tourism potential, if it is planned to be developed for tourism, the central location can attract visitors looking to be close to the main attractions of the city. It also has the best proximity to amenities, close to shops, restaurants, shopping centers, public transportation and other amenities, increasing convenience and quality of life.
Amenities & Features
Basement
- None
Exterior Description
- Wood Siding
- Wood Frame
- Concrete Block
Lifestyles
- Metropolitan
- Retirement
Lot Description
- Access Type - Road
- Open
Lot Size
- Under 1/2 Acre
Other
- Association Fee
Property Description
- Easement
Road Type
- City / Town Street
Sewer
- Public
Views
- City / Strip
Water
- City Water
Cinthya Carrillo
Luxury property specialist
Phone number: +52 (984) 122.3380
Email: info@sirrivieramaya.com
RIVIERA MAYA SOTHEBY'S INTERNATIONAL REALTY
5TH AVENUE AND 34TH BOSQUE DE LOS ALUXES, PLAYA DEL CARMEN, QUINTANA ROO, 77710, MEXICO