San Juan PR Multi Family for Sale
$2,275,000
2008 Mcleary San Juan, PR 00911
- Type:
- Multi-Family
- Sq.Ft.:
- 4,400
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- PR9110010
- Subdivision:
- Ocean Park
View additional info
Courtesy: BOURET REAL ESTATE
787-642-9293
Nicole Vidal Bouret
ADDITIONAL INFORMATION
Discover a unique investment opportunity in the highly sought-after Ocean Park neighborhood! This charming guesthouse is situated on vibrant McLeary Avenue, just a 5-minute walk from Ocean Park Beach. Positioned on a corner lot, the property consists of six independent apartments, with interiors that have been meticulously curated. Ample outdoor spaces and intimate patios, surrounded by tropical vegetation, provide a relaxing and inviting atmosphere for guests to enjoy. The first level of the property includes three unique apartments. The largest offers three bedrooms, two bathrooms, a private deck, and street access. The adjacent two-bedroom, one-bathroom unit connects to it via an adjoining door, allowing both to be rented together to accommodate larger groups. Additionally, a two-story casita, accessible from the central patio, features one bedroom, one bathroom, and a private balcony. On the second level, a foyer leads to three more units, all equipped with in-unit laundry. One corner unit has two bedrooms, two bathrooms, and a spacious living area. The adjacent unit features two bedrooms, one bathroom, and a small foyer suitable as an office. The remaining corner unit is a cozy one-bedroom, one-bathroom with views of the garden below. The property features thoughtfully designed auxiliary spaces, including storage for linens and towels, a dedicated laundry area, and an alcove for tools, maintenance equipment and cleaning supplies. Furthermore, the property has been reinforced with storm-proof windows throughout, state-of-the art flood barriers and sizeable water cisterns, providing additional security and peace of mind against natural disasters. Ocean Park is a dynamic neighborhood known for its spectacular beaches, diverse culinary scene, and community feel. Residents and visitors benefit from its proximity to the airport, nearby attractions and city life, while enjoying a serene, coastal living environment. Surrounded by stunning residences and charming guesthouses, this multiunit property is the perfect site for a short-term rental venture. Its commercial-tourism (CT-1) zoning allows low-impact commercial and hospitality ventures, such as guesthouses and boutique hotels. Trendy coffee shops, classic bakeries and eclectic restaurants are all within a short distance of the property. Ocean Park beach, beloved by locals and visitors alike, is widely considered the best beach in San Juan. Consistent winds and a wide, sandy coastline provide the perfect conditions for activities like kitesurfing, windsurfing, beach tennis and beach volleyball. Whether you’re looking to expand your portfolio with a profitable short-term rental or operate a charming guesthouse, this property’s prime location and versatility present countless possibilities, making it a sound investment for any business venture you have in mind. Don’t miss out on this rare chance to own a unique property in the heart of Ocean Park!
$2,700,000
1818 Calle Loiza San Juan, PR 00911
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 110
- Year built:
- 1970
- Baths:
- 80.00
- MLS#:
- PR9110071
- Subdivision:
- Condado
View additional info
Courtesy: CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO
787-400-0699
Melanie Gigante
ADDITIONAL INFORMATION
Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants. Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion). Key Highlights: - Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment. - Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes. - Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events. - Additional commercial space rental income on the ground floor - Potential rooftop buildout pool with city views Remaining Work: - Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing. - Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining. The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60. 1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.
$650,000
2007 Mcleary San Juan, PR 00911
- Type:
- Duplex
- Sq.Ft.:
- 3,143
- Status:
- Active
- Beds:
- 5
- Year built:
- 1980
- Baths:
- 5.00
- MLS#:
- PR9107237
- Subdivision:
- Ocean Park
View additional info
Courtesy: SIGNATURE REAL ESTATE LLC
939-246-0142
Enjolie Hernandez
ADDITIONAL INFORMATION
One of a kind strategic investment in the Ocean Park neighborhood, 3 blocks away from the most popular beach in San Juan. It is the perfect gem you are looking for both residential and business purposes. This 2 unit multifamily property features on the 1st. floor 2 bedrooms and 2 bathrooms, with kitchen, living and dining room, and a covered terrace. The 2nd. floor consists of a 3 bedrooms and 3 bathrooms unit with kitchen, laundry, living/dining room and covered terrace. This house backyard connects directly with #2004 Cacique St. that is a single family (3 bed./1 bath) with 1bed./1 bath. apartment also for sale separately by the same owner, with no boundary fence in between both properties giving you the opportunity to own a rental complex or establish a small boutique hotel very well located, right in between the beach and the coveted McLeary/Loiza St. for great culinary and nightlife experiences. Lot size: 295 sq.m. Zoning RT-3. Take advantage of the PR Act 60 and 73 tax incentives and make your dream come true! Please call for a private appointment.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2000
- Baths:
- MLS#:
- PR9105883
- Subdivision:
- 2010 Mc Leary
View additional info
Courtesy: ILIA MARTINEZ & ASSOCIATES
787-548-4949
Ilia Martinez Carn
ADDITIONAL INFORMATION
Incredible Investment Opportunity in the Heart of Ocean Park! Presently thriving as an Airbnb venture, this property yields an impressive monthly income ranging from $12K to $14K. Situated on McLeary Street, this multi-family residence boasts 5 apartments with the potential to convert into 6. Units 1, 2, and 3 offer 2 bedrooms and 1 bath each, while Unit 4 features a cozy studio layout with 1 bath. Additionally, Unit 5 is currently utilized as an office space but can easily be transformed into 2 separate apartments. The property also includes ample parking space for 8 vehicles, a rare find in this bustling area. Conveniently positioned, it's merely a 3-minute stroll to the stunning beach, with the vibrant Loiza Street just a block away. Moreover, it's walking distance to esteemed educational institutions such as Condado, St. Johns, and Robinson Schools, as well as an array of dining establishments, banks, and other amenities. With the airport just a 10-minute drive away, this location offers unparalleled accessibility. Don't miss out on this exceptional chance to invest in prime real estate!
$690,000
2004 Cacique San Juan, PR 00911
- Type:
- Duplex
- Sq.Ft.:
- 1,700
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- PR9104758
- Subdivision:
- Ocean Park
View additional info
Courtesy: SIGNATURE REAL ESTATE LLC
939-246-0142
Enjolie Hernandez
ADDITIONAL INFORMATION
One of a kind strategic investment inside Ocean Park exclusive beachfront neighborhood. It is the perfect gem you are looking for both residential and income producing purpose. This home features such as spanish colonial interior and exterior design, high ceilings, art deco and traditional creole floors throughout that give it great character you can certainly inspire from and build on to bring it to your liking. Currently a single family (3 bed./1 bath.) home with a detached 1 bed./1 bath apartment. This property connects directly in the back with 2007 McLeary St. that is a duplex also for sale separately by same owner, with no boundary fence in between giving you the opportunity to own a rental complex or establish a small boutique hotel right there with double access inside and outside Ocean park neighborhood through Cacique St. and McLeary St.. opening your doors to the beach, bars, coffee shops and restaurants close by. Lot size: 306 sq.m. Zoning RT-3. Take advantage of the PR Act 60 and 73 tax incentives and make your dream come true! Please call for a private appointment.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2000
- Baths:
- MLS#:
- PR9103573
- Subdivision:
- Mcleary 2012
View additional info
Courtesy: ILIA MARTINEZ & ASSOCIATES
787-548-4949
Ilia Martinez Carn
ADDITIONAL INFORMATION
Blocks from Ocean Park beach and only a block away from hip and trendy "Loiza Street", this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors. Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community. convenience.
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San Juan Real Estate
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