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Listed by Universal Properties Realty
$ 735,000
Est. payment /mo
New
KIKITA PLAYA KIKITA, CONDO VISTA DEL MAR #301 & 401 Dorado, PR 00646
6 Beds
4 Baths
2,340 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $314
MLS Listing ID 67345
Style Beach,Gated Community,Penthouse
Bedrooms 6
Full Baths 4
Year Built 2010
Annual Tax Amount $10,000
Property Description
TWO OCEANFRONT APARTMENTS FOR ONE PRICE! Vista del Mar at Kikita Beach, Dorado. This extraordinary offering includes fully remodeled, furnished and equipped Apartment 301 together with PH 401 in shell condition, ready to replicate the existing concept or be designed around its next owner's vision. Each unit provides approximately 1,170 square feet of construction, for approximately 2,340 combined square feet. Unit 301 features 3 bedrooms, 2 bathrooms, 2 balconies and a history of more than $90,000 in annual gross short-term rental revenue, according to seller-provided records. It is being delivered ready to continue operating: the seller is leaving the furniture, beds, mattresses, linens, appliances, laundry equipment, televisions, décor, curtains, security cameras, water cistern and practically everything required. PH 401 provides approximately the same square footage in shell condition, creating the opportunity to develop a second income-producing residence, a personalized penthouse or an entirely new layout, subject to applicable permits and approvals. The package includes 2 assigned parking spaces, one for each unit, plus 3 visitor spaces. Enjoy a true oceanfront location, direct access to a beach area with a semi-private atmosphere and walking access to two of Dorado's most recognized restaurants. A reported $735,000 appraisal, together with the additional value represented by the second unit, presents an exceptional opportunity with more than $300,000 in potential combined equity, subject to buyer review and verification. The property may be eligible for conventional or DSCR financing, subject to appraisal, credit, lender requirements and final approval. Two apartments, one price, income from day one and a second residence ready to multiply the potential. Price: $575,000. Past performance does not guarantee future results..
Location
State PR
Community Dorado
Area Dorado
Zoning R-I
Interior
Cooling Split
Flooring Ceramic Tile
Exterior
Parking Features In Line
Garage Spaces 2.0
Building
Lot Description Garden, Pool, Jacuzzi, Meeting Room, Balcony, Porch
Water Aqueduct
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PMI Puerto Rico
Broker License ID: E-283