Hotel 5ta Avenida | 15 Key Hotel with Three Retail Units in Playa del Carmen

Hotel 5ta Avenida is a fully operational hotel on Fifth Avenue in Playa del Carmen Centro, between Calle 38 and Calle 34, with three active commercial units fronting the avenue itself. The lot runs to 1,338.50 square metres and carries 2,361.51 square metres of construction. The beach is 400 metres away, about a five minute walk.

Room mix

Fifteen keys in total. Five standard double rooms, five junior suites of one bedroom, two junior suites of two bedrooms, two fully equipped studios and one penthouse of two bedrooms. That spread suits long and short stay travellers, families and groups alike, which is what keeps occupancy steady through the year rather than peaking and collapsing with the season.

The retail

Three street front retail spaces trade on Fifth Avenue. This is the busiest pedestrian street in the Riviera Maya, and the ground floor frontage is a large part of what the asset is worth.

Room to add

The seller reports potential to build additional units above the existing retail. That should be confirmed against current municipal zoning and density rules before it is relied on in any underwriting.

The location

Fifth Avenue between Calle 34 and Calle 38 is the northern stretch, quieter than the blocks around Calle 12 but still fully commercial, and closer to Playacar and the Cozumel ferry than the far north end. Rooms here sell on walkability rather than on a sea view.

A note on the seller material

The fact sheet supplied with this property carries two pages of narrative describing a 305 key resort offered at 220,000,000 US dollars. That text belongs to a different asset and has been disregarded here. Every figure above is taken from the property highlights page and from the stated price of 6,000,000 US dollars.

Trading accounts, the terms of the retail tenancies and the hotel licences are the seller information to provide, and should be verified during due diligence.