Multifamily Building for Sale in Downtown Cozumel

Price: $8,700,000 MXN

Excellent investment opportunity in downtown Cozumel. This three-story multifamily building features 9 residential apartments, offering an income-producing property with additional potential for appreciation through upgrades, rent optimization, or modernization of the building.

The property is located at Morelos #448, between 20th Avenue and 25th Avenue, Downtown Cozumel, in an established area with convenient access to shops, restaurants, services, and major city roads.

Property Layout

The building consists of 9 apartments distributed across three levels.

6 Corner Apartments

Approximately 56 m² / 603 sq ft each, featuring:

• Open living and dining area

• Kitchen

• 1 bedrooms

• 1 full bathroom

• Laundry area

3 Central Apartments

Approximately 107.14 m² / 1,153 sq ft each, featuring:

• Entrance foyer

• Spacious living and dining area

• Kitchen

• 2 bedrooms

• 1 full bathroom

• Laundry area

The property also includes common circulation areas and stairways providing access to all levels.

General Features

• 3-story building

• 9 residential apartments

• Approximately 30 years old

• Mid-range quality construction

• Good overall condition

• Suitable for long-term residential rental income

• Potential for modernization and income optimization

• Opportunity to explore alternative rental or redevelopment strategies, subject to applicable regulations and permits

Property Areas

Lot Size:
386.80 m² / 4,163.47 sq ft

Apartment Construction Area:
785.84 m² / 8,458.70 sq ft

Circulation Areas and Stairways:
98.58 m² / 1,061.10 sq ft

Approximate Total Construction Area:
884.42 m² / 9,519.80 sq ft

Lot Dimensions

• North: 35.30 m

• South: 35.50 m

• East: 10.30 m

• West: 11.45 m

Zoning and Development Potential

The property benefits from urban development parameters that may allow for additional opportunities to optimize or redevelop the site:

• C.O.S. – Site Occupancy Coefficient: 0.70

• C.U.S. – Floor Area Ratio / Land Use Coefficient: 2.80

Location

Morelos #448, between 20th Avenue and 25th Avenue, Downtown Cozumel, Quintana Roo, Mexico.

An attractive opportunity for investors seeking a multifamily property with multiple residential units, a central location, and long-term potential for income optimization and value appreciation.