RAR55 – Unique Oceanfront Three Unit Income Generating Property!

$899,000 USD

Description

Have your cake and eat it too with Casita Kin Ha!

Want to live on the beach in paradise AND generate rental income — you can do it all with this great property.

Casita Kin Ha is an immaculately maintained 3 unit home situated directly ocean front in Puerto Morelos.  Smartly designed to withstand the coastal elements and welcome guests, this home has it all! Every unit has amazing ocean views, great indoor/outdoor living areas and a proven rental history.

The ground floor unit is a 1 bedroom apartment with an open floor plan kitchen/dining/living area surrounded by an amazing Caribbean ocean view.  Indoor/outdoor living is divine with sliding doors opening out to a large shaded patio out front, perfect for enjoying your coffee while the sun rises, or perhaps something a little more tropical while the sun sets on the sea…

The second floor unit is also a 1 bedroom apartment.  The floor plan here is different from the apartment below, but is still an open concept kitchen/dining/living area with to-die-for ocean views and breezes all day long.  A large shaded patio out front completes the living area by inviting you outside.

The penthouse is a gorgeous little studio with the bedroom/living/dining area, a separate kitchen (with an amazing ocean view!) and private bath.  The large patio off the living area promises unforgettable ocean views and breezes throughout the day and night.

The first two levels are each approximately 1000 square feet and the penthouse studio is approximately 700 square feet.  Each apartment has one air conditioning unit and it’s own water heater.  The property also includes a separate laundry building with a stacked washer and dryer and room for storing cleaning supplies.

The lot is 400 square meters, with 10 meters (33 feet) of Caribbean ocean front!  The property is surrounded by walls and includes a spot for off-street parking.  The seawall was recently replaced with the highest quality standards and, in anticipation of putting a pool in, a small building for pool equipment has been constructed.

If three apartment units aren’t enough for you, or you need a bit more space, there’s room for more construction on this lot.  Luckily, your neighbors are great!  A 4 unit condo building to the north and the UNAM Marine Biology Research campus to the south.  UNAM is a great neighbor, with low buildings and very limited activity in the area where the properties meet.

Casita Kin Ha is perfectly located near the north end of the charming seaside village of Puerto Morelos.  It’s an easy 25 minute beach walk (10 minute bike ride and 5 minute drive) to the town square and its vibrant shops and restaurants.  Another 5 minutes south of the town square and you’ll be at the new supermarket!

Puerto Morelos is the hidden gem of the Riviera Maya — just 15 minutes from the Cancun International Airport but a million miles away from the glittery Cancun hotel zone and the spring-break atmosphere of its other close neighbor, Playa del Carmen.  Life is slower here.  When you need more excitement, Cancun and Playa del Carmen are easy to get to!

This home has an excellent rental history and is an investor’s dream.  You’ve got to see it to believe it!

Property Features

  • 10 meters Caribbean Oceanfront
  • 400 square meter lot
  • 2700 total square feet of construction
  • 3 Bedroom/3 Bath
  • 3 separate rental suites
  • Air conditioned
  • Laundry building
  • Storage Building
  • Seawall
  • Hurricane Shutters
  • Turnkey with established rental history!
  • Easy beach walk to the town center of Puerto Morelos

Location

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