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AN INVESTORS DREAM ONE BLOCK FROM THE BEACH

AgentImage  | March 13, 2019

Offered at: $195,000
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Listing ID: EC0185
Bedrooms: 7
Bathrooms: 15
Building Size: 560 Square Meters
Lot Size: 140 Square Meters

Agent Details
Name: TorrinBrauch
Phone Number: 239-848-5876
Property Type: Investment Opportunity
Property Status: Price Reduced



Description:

Property Details: 

A building with all of the basics, now all you have to do is add the finishing touches! Plenty of options for a hotel or condos, this property has great income potential.

The property is located just one block off of the Malecón on the quite south end of Puerto Lopez. 4 floors in total with a variety of room styles. 5 suites ready with 2 more in construction for a total of 7 suites. 10 bathrooms ready with 5 more in construction for a total of 15 bathrooms.

  • The first floor is considered the office and has a garage as well as 2 visitor bathrooms. There are also 2 suites:
    • #1) 2 bedrooms, 1 bathroom, and a living room-kitchen-dining room area
    • #2) 2 bedrooms, 1 bathroom, and a living room-kitchen-dining room area
  • The second floor has 3 suites:
    • #1) 2 bedrooms, 1 bathroom, and a living room-kitchen-dining room area
    • #2) 2 bedrooms, 1 bathroom, and a living room-kitchen-dining room area
    • #3) 2 bedrooms, 1 bathroom, and a living room-kitchen-dining room area with view of the ocean
  • The third floor is still in construction and could be finished as you’d like. As is, it has 1 large apartment with:
    • 3 bedrooms, 3 bathrooms, a living-kitchen-dining room area, and view of the ocean
  • The fourth floor is still in construction and could be finished as you’d like. As is, it has 1 large apartment with:
    • 2 large bedrooms, 2 bathrooms, a living room, kitchen-dining room area, laundry, and balcony overlooking the ocean.

Third and fourth floor are open to designs as they are still in beginning stages of construction. You could continue with construction as planned, or divide it into whatever you see fit.

The building is well built and permitted. Nearby restaurants and clean beaches attract tourists from all over. With the right investor, this building could be turned into a goldmine. Contact Live the Life to schedule a showing!