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playa azul

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USD $850,000

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Prime Commercial & Residential Development Opportunity in SayulitaLocated just a block and a half from Sayulita's iconic beach, this rare 638 m lot represents one of the last significant mixed-use (commercial and residential) development opportunities in this highly desirable coastal market.The current improvements may serve for short-term use; however, the highest and best use of the property is redevelopment. Buyers should plan for replacement of the existing structure. The true value lies in the land itself -- a sizable, strategically positioned parcel in an area where inventory is increasingly limited and demand continues togrow.With flexible zoning allowing both commercial and residential use, thepossibilities are compelling:* Boutique hotel or hospitality concept