Modern Two-Bedroom Residence with Rooftop Amenities Steps from Mamita’s Beach

FOR SALE
38 C. Flamingos Playa del Carmen
Price: $599,000

Property Overview

  • 1,410 sqft
  • 2 Beds
  • 2 Baths
  • — Kitchens
  • Condo

Overview

This ready-to-occupy, designer-furnished two-bedroom residence is located one block from Mamita's Beach and just steps from the cafes and boutiques on 5th Avenue. The unit comprises 131 square meters of combined indoor and outdoor living space. It includes two bedrooms plus two and a half bathrooms, with the primary suite featuring a jacuzzi tub. A private 12-square-meter balcony is accessible. The building was constructed in 2018 and features hurricane-quality windows. The apartment is fully furnished and includes an in-unit washer and dryer. It is situated on the second level. A private parking space includes a universal EV charger. The building is pet-friendly and features an on-site pet washing station. The building contains 72 units. Amenities include an infinity pool, sundeck, and sky bar on the rooftop, a state-of-the-art fitness center, a yoga platform, and delivery lockers. There is 24/7 security with CCTV, RFID beach access, and a night concierge. Each floor has a garbage chute. The location is approximately a three-minute walk to the beach and modern beach clubs. A five-minute walk leads to a high-end grocery store and a new shopping plaza.

Property Features

  • Bedrooms: 02
  • Bathrooms: 02
  • Area: 131 m²
  • Area (sqft): 1,410.073 ft²
  • City: Playa del Carmen
  • Country: MX
Interested In This Property?Get in touch with us today
Request Property Info

Fill in your details and we'll get back to you shortly.

Request Sent!

We'll send the property details to shortly.

One of our team members will also reach out to answer any questions you may have.

From the founders
Why we built Corazon Properties

Jerry on making Riviera listings easy to explore—no pressure.

Investment Score
Investment Analysis
56/ 100
FairPlaya Del Carmen
$4,573Price/m²
$38,935Est. Annual Rental
6.5%Rental Yield
8%Annual Growth
Value for Money21
Price vs. local market median
Rental Potential100
Expected yield & occupancy
Appreciation80
Projected 5-year growth
Location Strength91
Infrastructure & demand
Size Efficiency85
Optimal rental m²
Premium Pricing57% above local median — ensure premium amenities justify the cost
Ideal Rental Size2-bed units are the most in-demand for short-term rentals in Playa Del Carmen
Strong OccupancyPlaya Del Carmen averages 62% occupancy — above the Riviera Maya average
Steady Growth8% projected annual appreciation — solid long-term play
Tier 1 LocationPlaya Del Carmen is a primary market with the highest buyer demand and resale potential
5-Year Investment Projection
Property Appreciation+$281,128
Rental Income (5yr)+$194,675
Total Estimated Return+$475,803

The commercial heart of the Riviera Maya with the strongest rental demand and resale liquidity.

Based on 2025-2026 market data. Projections are estimates and not guaranteed. Always conduct independent due diligence.

Unlock our in-depth investment analysis for this property by creating a free account.

You'll also be able to:

  • Bookmark Properties
  • Get algorithmic property suggestions based on your interests
  • Set alerts for new listings that meet your specifications
  • Get e-mailed pocket listings that aren't public

Similar Homes You May Like

Equity Check

What's your Riviera Maya home worth?

See how local demand, tourism, and recent sales shape value in your area—then get a tailored snapshot built for homeowners in the Riviera Maya.

Get my free home valuation

Location

Interested In This Property?Get in touch with us today
Request Property Info

Fill in your details and we'll get back to you shortly.

Request Sent!

We'll send the property details to shortly.

One of our team members will also reach out to answer any questions you may have.

From the founders
Why we built Corazon Properties

Jerry on making Riviera listings easy to explore—no pressure.

Investment Score
Investment Analysis
56/ 100
FairPlaya Del Carmen
$4,573Price/m²
$38,935Est. Annual Rental
6.5%Rental Yield
8%Annual Growth
Value for Money21
Price vs. local market median
Rental Potential100
Expected yield & occupancy
Appreciation80
Projected 5-year growth
Location Strength91
Infrastructure & demand
Size Efficiency85
Optimal rental m²
Premium Pricing57% above local median — ensure premium amenities justify the cost
Ideal Rental Size2-bed units are the most in-demand for short-term rentals in Playa Del Carmen
Strong OccupancyPlaya Del Carmen averages 62% occupancy — above the Riviera Maya average
Steady Growth8% projected annual appreciation — solid long-term play
Tier 1 LocationPlaya Del Carmen is a primary market with the highest buyer demand and resale potential
5-Year Investment Projection
Property Appreciation+$281,128
Rental Income (5yr)+$194,675
Total Estimated Return+$475,803

The commercial heart of the Riviera Maya with the strongest rental demand and resale liquidity.

Based on 2025-2026 market data. Projections are estimates and not guaranteed. Always conduct independent due diligence.

Unlock our in-depth investment analysis for this property by creating a free account.

You'll also be able to:

  • Bookmark Properties
  • Get algorithmic property suggestions based on your interests
  • Set alerts for new listings that meet your specifications
  • Get e-mailed pocket listings that aren't public

Be the First to Know About New Listings in the Riviera Maya.

No spam, ever. Unsubscribe anytime.
We're Available!