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    Playa del Carmen Multi-Unit Property Title is generated by Realmo AI

    Building in Downtown Playa del Carmen for sale, Beaumont 77720

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    Claim this Listing
    For Sale
    $1,100,000

    Commercial Sale, Other - Playa del Carmen

    Property size:
    6,028 SF
    Price / SF:
    $182/SF
    Added:
    Jan 5, 2026
    Days on Market:
    142
    Last Refresh:
    May 27 at 1:06 pm

    Property Features for Building in Downtown Playa del Carmen for sale

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    10
    Bathrooms
    12
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Interior features
    Bar, Bookcases, Entrance Foyer, High Ceilings, High Speed Internet, Natural Woodwork, Pantry, Storage
    EntryLevel
    #145
    Exterior features
    Balcony, Courtyard, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Entrance
    Standard status
    Active
    Size
    6,028 SF

    Utilities

    Cooling system
    Electric, Multi Units, Wall Unit(s)

    Building Details

    Year built
    2016
    Architectural style
    Other
    Additional Structures
    Outdoor Kitchen

    We can help!

    Listing Contact
    Ines Gehrcken

    Listing agent Ines Gehrcken

    Listing office Engel & Völkers Playa Del Carmen Avenida 10 entre calles 12 y 14Manzana 122 Lote 1-2 local 1, Colonia Centro Cp. 77710 Playa del Carmen, Quintana Roo

    Listing date Jan 5, 2026

    MLS# AM-5064645 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime central location in Playa del Carmen, steps from Fifth Avenue and beaches.
    • Versatile multi‑unit property with ten independent rooms, each with private bathroom, A/C, and internet.
    • Includes a fully equipped restaurant space with kitchen and dining area.
    • Central courtyard with lush garden, swimming pool, and shaded seating.
    • Multiple development options: apartments, co‑living, vacation rentals, wellness project, or private residence.
    • Strong rental and resale potential due to high demand in Playa del Carmen.

    Overview

    Located in the heart of Playa del Carmen, a multi-unit property with an on-site restaurant space is available for sale, situated a short walk from Fifth Avenue and the area’s white-sand beaches. The property is located on a quiet side street, offering privacy while providing immediate access to the city’s restaurants, shops, and cultural attractions. The building consists of ten independent rooms, each equipped with a private bathroom, air conditioning, and internet connection. A central courtyard connects the spaces and features a lush garden, swimming pool, and shaded seating areas. The property includes a fully equipped restaurant area with kitchen and dining space, which can continue operating as a restaurant, be converted into a private or shared kitchen, or be adapted into a communal or multipurpose space. The property is suitable for residential or mixed-use concepts. The building can be reconfigured into apartments, a co-living or vacation rental concept, a wellness-focused project, or a spacious private residence. The property offers multiple development options thanks to its solid construction, efficient layout, and central location. The flexible design and existing permits provide a foundation for immediate use and long-term value creation. The property size is 6028 square feet.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $864.3K
    NOI $77,784 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.11M
    NOI $77,784 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.56M
    NOI $77,784 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $112.1k $18.60
    − Vacancy −$8.4k −$1.40
    EGI $103.7k $17.21
    − OpEx −$25.9k −$4.30
    NOI $77.8k $12.90
    6,028 SF · lease $18.60/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $1.11M
    $972.3K – $1.30M (±1% cap)
    NOI $77,784 @ 7.0% cap · market cap 7.07%
    Second Best
    Retail
    $959.7K
    $839.8K – $1.12M (±1% cap)
    NOI $67,180 @ 7.0% cap · market cap 6.11%
    Theoretical Best
    Office A
    $1.42M
    $1.25M – $1.66M (±1% cap)
    NOI $99,650 @ 7.0% cap · market cap 9.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Beaumont
    County
    Jefferson
    State
    Longitude
    -94.1014
    Latitude
    30.0859

    FAQs

    What type of property is this?
    Hotel - Multi-unit property with restaurant space near Fifth Avenue, Playa del Carmen.
    Where is this hotel located?
    The property is located at Building in Downtown Playa del Carmen for sale Beaumont.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime central location in Playa del Carmen, steps from Fifth Avenue and beaches.; Versatile multi‑unit property with ten independent rooms, each with private bathroom, A/C, and internet.; Includes a fully equipped restaurant space with kitchen and dining area.
    +529841318979
    We can help!
    Listing Contact
    Ines Gehrcken
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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