Listing Agency: Engel & Volkers Playa Del Carmen · Engel & Völkers p***@engelvoelkers.com Show Phone

Listed By: Alex Barrera

Added: Aug 13 Changed: Sep 23 Last Checked: Oct 7 at 8:06PM

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MLS# AM-5089271

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.

Investment Insights

Based on property information with market context.

This 969-square-foot apartment is configured with two bedrooms and two full bathrooms. The residence features an open living and dining area, a furnished interior, and a kitchen supplied with appliances, cookware, and utensils. Air conditioning is installed throughout the apartment, while the bathrooms include walk-in showers and contemporary finishes.

The property is positioned on Calle 42 Norte at Quinta Avenida in Playa del Carmen, within walking distance of the beach and the restaurants, shops, and nightlife along Quinta Avenida. Building amenities include controlled entry, elevator service, and shared spaces intended for resident or guest use. The apartment is equipped for immediate occupancy or short-term rental operation.

Key Highlights

• 969 SF apartment with 2 bedrooms and 2 full bathrooms
• Fully furnished and equipped with kitchen appliances, cookware, and utensils
• Air conditioning in every room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$7,695

Cap Rate

2.90%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$153,900 $153.9K

Cap Rate 7%

$109,929 $109.9K

Cap Rate 9%

$85,500 $85.5K

Market Conditions

NOI Build-Up for 969 SF

Gross rent

$14.9K $15.36/SF

− Vacancy

−$893 −$0.92/SF

EGI

$14.0K $14.44/SF

− OpEx

−$6.3K −$6.50/SF

NOI

$7.7K $7.94/SF

Area

Beaumont, TX

Vacancy

6.00%

Lease Rate

$15.36 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$153,900

Cap Rate 7%

$109,929

Cap Rate 9%

$85,500

Alternative Uses

Best Use

Apartment 5plus

$109.9K

$96.2K – $128.3K (±1% cap)

NOI $7,695 @ 7.0% cap · market cap 2.90%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$228.8K

$200.2K – $267.0K (±1% cap)

NOI $16,019 @ 7.0% cap · market cap 6.04%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Short term rental ...

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

1,079

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022

8.3% 2023

9.3% 2024

9.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this short term rental properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Short term rental property - Fully furnished apartment with two bedrooms, two bathrooms, air conditioning, and elevator access near dining, shopping, and the beach.

Where is this short term rental property located?

The property is located at calle 42 norte esquina Quinta ave. nte Beaumont.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: 969 SF apartment with 2 bedrooms and 2 full bathrooms; Fully furnished and equipped with kitchen appliances, cookware, and utensils; Air conditioning in every room