Exclusive commercial building on the 5th Avenue $19,200,000
- Commercial
- MLS# 1343435
- EVID# AM-256956
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Property Details
This property in Playa del Carmen located on the Fifth Avenue is a highly desirable investment opportunity. With four spacious units, this building offers the potential for steady rental income and a strong return on investment. The units are well-appointed with modern amenities and features, making them appealing to a wide range of tenants. Additionally, the building has the potential to be expanded with two more floors, providing even greater investment potential. Currently, the ground floor of the building on the Fifth Avenue is the home to two commercial businesses, while the upper floors feature a studio unit and an amazing penthouse. The location of the commercial businesses provides a steady stream of additional income, making the property an even more attractive investment opportunity. In addition to its strong financial potential, the building also boasts an unbeatable location. Playa del Carmen is a thriving tourist destination known for its pristine beaches, vibrant nightlife, and rich cultural heritage. The city is also well-connected, with easy access to major transportation hubs and attractions. Whether you're looking to live in one of the units or rent them out, the property provides the perfect blend of comfort, convenience, and profitability. Overall, the building is a rare opportunity to own a piece of one of the world's most desirable destinations. With its strong financial potential, flexible floor plan, and unbeatable location, it's a must-see for anyone looking to invest in real estate in this vibrant city.
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Property History
| Date | Price |
|---|---|
| -- | New Value: $19,200,000 |
| 2/4/2023 8:48:00 AM | New Value: $19,200,000 |
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.