Excellent investment and redevelopment opportunity in the heart of Playa del Carmen. This property is located on 38th Street and 25th Avenue North, Col. Tohoku, an area known for its strong rental demand and unbeatable connectivity to restaurants, shopping, services, and the beach. The building is currently configured into three independent units: Two 1-bedroom / 1-bathroom apartments One 1-bedroom penthouse unit The property has solid structure and great layout potential, but due to its age it is ideal for buyers looking to renovate, modernize, and increase value. Perfect for investors seeking long-term rentals, short-term vacation rentals, or a value-add repositioning project. With the right remodel, this building can become a high-performing income property in one of the most desirable rental corridors of the city. Asking Price: $449,000 USD — Entire Building A rare chance to secure a multi-unit property in a prime location with strong upside potential.