Mza 298 Lote 1 — Land & Development Project

About This Property

ICONIC OCEAN-VIEW DEVELOPMENT OPPORTUNITY One of the last premier corner development sites on the expanding northern section of Quinta Avenida — 220 m² of clear-title land at the prestigious intersection of 5th Avenue and Calle 56 Norte, Playa del Carmen. This 220 m² (11m × 22m) corner property — Manzana 298, Lote 1, Col. Luis Donaldo Colosio — offers visionary developers and international investors a rare chance to build a world-class mixed-use landmark in one of the Riviera Maya's most dynamic corridors. The lot benefits from dual street frontage on Quinta Avenida and Calle 56 Norte, delivering premium commercial visibility and a natural flow between pedestrian and vehicle access. Development Vision The site supports a contemporary 5–7 story mixed-use development with a concept that includes: • Double-height ground-floor specialty coffee shop or premium retail with outdoor terrace — prime tenant interest from established Playa del Carmen operators • Boutique hotel, condo-hotel, or branded luxury residences on upper floors • Rooftop infinity pool, sky lounge, bar, and tropical landscaping • Ocean-view fitness and wellness center • Underground parking accessed from Calle 56 • Elegant lobby with concierge services An architectural design concept already envisions a 7-story contemporary tower featuring blue low-E glass curtain walls, rounded corners with LED accent lighting, and a signature rooftop amenity deck — a boutique-hotel aesthetic entirely suited to Quinta Avenida's luxury corridor. Valuable Permitting Advantage The property includes a Terminación de Obra (Termination of Construction) permit for approximately 140.87 m² of mixed-use construction — clave catastral 801005000298001 — providing a meaningful head start on municipal approvals. A future developer may apply to extend or modify the existing permit, potentially reducing permitting timelines and development costs. Exceptional Location • Prime Quinta Avenida corner frontage with year-round high pedestrian traffic • Walking distance to the Caribbean Sea and Coco Beach • Surrounded by luxury developments, international restaurants, and boutique retail • One of Playa del Carmen's fastest-growing luxury development corridors • Protected green area directly opposite provides ocean-view potential from upper floors A green area directly in front of the property, together with proposed public park improvements, offers exceptional Caribbean Sea views from upper residential and hotel levels. Terms Cash transaction only — direct bank transfer. No owner financing or trade. Clear title transfer prior to company restructuring. Price: $18,000,000 MXN. Build the next landmark on Quinta Avenida — where luxury residences, boutique hospitality, signature cafés, and premium retail converge in one of the Riviera Maya's most coveted addresses.