Rare RT-I Zoned Mixed-Use Property in Vega Al
Property Details
Property Description
3,830 m² of RT-I zoned flexibility, minutes from Dorado's tourism corridor, priced $67K below appraisal — and the seller needs to move."
This isn't a fixer-upper pitched as a dream home. It's a redevelopment play in one of Puerto Rico's fastest-growing corridors, priced to sell fast.
You're getting nearly a full cuerda of RT-I zoned land — the same zoning that supports villas turísticas, short-term rental, and boutique hospitality concepts — sitting on the direct edge of Dorado's tourism and luxury expansion. The first level is already built out: over 5,000 sq ft of open activity space, a working kitchen/warehouse area, and a terrace, ready to operate or reposition. The second level needs work — real work, no dressing it up — but that's exactly why this is priced at $840K against a $907K appraisal.
For an investor who can execute a rehab and reposition under RT-I's flexible use table, the math isn't speculative — it's arithmetic. Land value, location, and zoning are already doing the heavy lifting. You're paying for the dirt and the entitlement, not for a finished product.
Seller is motivated. This won't sit on the market long at this basis.