Redevelopment Opportunity in Cerro Gordo Beach

Investment Overview

This two-story residential structure offers 1,488 square feet of gross living area, situated on a spacious 1,683 square meter (18,116 square foot) site. Located directly across from the iconic Cerro Gordo Beach, the property presents a rare re-development opportunity in one of Puerto Rico’s most desirable coastal settings. Its lot size allows for flexibility, whether the vision is to redevelop into a modern beachfront multifamily property, short-term rental destination, or a boutique hospitality concept. The existing structure provides a foundation for renovation or expansion, while the site’s zoning and location make it attractive for investors seeking long-term value and appreciation in a growing tourism-driven market. With its proximity to the sand and unobstructed access to ocean breezes, the property represents a truly unique canvas for redevelopment.

Investment Highlights

• Site Area: 1,683 square meters, equivalent to 18,116 square feet
• Topography: level, at street grade
• Flood Classification: X (non-floodable)
• Zoning: RT-I (medium density residential-tourist)
• Coordinates: 18.481323N; -66.346139W
• Tax Code #: 018-055-026-07-001
• Annual Property Tax Expense: $835.02
• Improvements: 2-story residential structure comprising 1,488 square feet of gross living area (GLA)