12,270 SQ. FT
1,140 SQ. M
(House Size)
3,903 SQ. M
0.96 Acres
(Lot Size)
Multifamily investment opportunity in Pedasí! Ocean Waves Condos is a completed 12-unit residential complex offering long- and short-term income potential near town and Pacific beaches. Three two-story buildings feature 12 spacious 88 m² apartments, each with 2 bedrooms, 2 bathrooms, open living areas, assigned parking and private storage. Five furnished units have generated approximately $20,000 in Airbnb income this year, providing an established start to the short-term rental program. Projected long-term rents are approximately $1,000-$1,200 per unit monthly. A new swimming pool and fresh landscaping enhance rental appeal. The master plan provides potential for two additional buildings and 8 more units, offering an investor both immediate income potential and future growth.