3-Bedroom Lock-Off Penthouse in Icono Playa, Playa del Carmen

Rooftop solarium, jacuzzi terrace, and partial ocean views — steps from Fifth Avenue and the beach.

This three-bedroom, three-bathroom lock-off penthouse in Icono Playa, downtown Playa del Carmen is listed at $425,000 USD (approximately $7,310,000 MXN). The three-level residence offers 122 m² (1,309 sq ft) of interior living area, three private terraces, a rooftop solarium with partial ocean views, and a master suite with lock-off capability — its own kitchenette, full bathroom, separate entrance, jacuzzi terrace, and direct access to the building’s pool and spa area. The penthouse is fully furnished and equipped, and is sold move-in ready. It is located in the heart of downtown Playa del Carmen, a short walk from the beach and Fifth Avenue.

What makes this Icono Playa penthouse a well-positioned property in Playa del Carmen?

At $3,484 USD/m² ($325/sq ft), this penthouse is priced competitively for a top-floor, fully furnished, three-level residence with rooftop access and partial ocean views in downtown Playa del Carmen — a market where comparable penthouses with this configuration and location regularly trade above $4,000 USD/m². The lock-off master suite is the defining feature: it functions as a fully independent unit within the penthouse, with its own kitchenette, bathroom, entrance, and terrace. This gives the owner two operationally separate spaces within a single asset — occupy the main residence while the master suite generates rental income independently, or rent the entire penthouse as a premium three-bedroom unit to groups. Downtown Playa del Carmen consistently ranks among Mexico’s highest-demand short-term rental markets, driven by walkability, year-round tourist flow, and direct proximity to the beach and Fifth Avenue. The direct access from the master suite level to Icono Playa’s pool and spa area adds a resort-grade amenity connection that elevates the rental proposition further.

What does Icono Playa offer residents and what are the carrying costs?

Icono Playa is a full-service residential building in downtown Playa del Carmen with two swimming pools, a gym, spa and massage room, sauna, interior garden, underground parking, reception and concierge service, and 24/7 security. The building’s amenity package is resort-grade — the spa, sauna, and concierge service in particular are uncommon in this price range and add tangible value for both residents and short-term rental guests. HOA is $6,000 MXN (~$349 USD) per month, covering building maintenance, security, and access to all shared amenities. Annual property tax (predial) is $12,000 MXN (~$698 USD) per year. Total annual fixed costs are approximately $5,086 USD. Foreign nationals can purchase this penthouse with full ownership rights. The right legal and ownership structure depends on the buyer’s country of residence, tax situation, and intended use — Heron Real Estate provides personalized advisory on this as part of every acquisition.