Studio Condo for Rent in Downtown, Playa del Carmen

About this condo

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.

0 days on PropertyMex

Facts and features

Location

Downtown, Playa del Carmen, Quintana Roo

Listed by