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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 2,199,000

Est. payment | -/mo

13 Beds

8 Baths

3,553 SqFt

Save Virtual Tour

$ 2,199,000

Est. payment | -/mo

Save Virtual Tour

13 Beds

8 Baths

3,553 SqFt

Key Details

Property Type Condo

Sub Type Condo - Hotel

Listing Status Active

Purchase Type For Sale

Square Footage 3,553 sqft

Price per Sqft $618

Subdivision Santurce Norte

MLS Listing ID PR9121619

Bedrooms 13

Full Baths 8

HOA Y/N No

Year Built 2016

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Condo - Hotel

Source Stellar MLS

Property Description

Income-producing 8-unit multifamily property in a prime location just steps from Calle Loíza. With no HOA fees and no short-term rental restrictions, this is an exceptional investment opportunity in one of San Juan's strongest and most sought-after rental markets.
The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, offering 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, a water cistern, portable backup generator, and comes fully furnished and equipped for immediate operation.
Currently operated as a mix of short-term and long-term rentals, with five units active on STR platforms and three units leased long term. The property achieved approximately 85% occupancy and generated $363,500 in gross income during 2025, demonstrating a strong track record and attractive cap rate. Based on current performance trends, 2026 is expected to outperform 2025. Additionally, there is significant upside potential, as converting the remaining long-term rental units to short-term rentals could further increase revenue and overall returns.
Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shopping, and major attractions. Separate parking lot available. Showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.

Location

State PR

County San Juan

Community Santurce Norte

Area 00911 - San Juan

Zoning ZU-R1

Interior

Interior Features Ceiling Fans(s), Other

Heating Other

Cooling Mini-Split Unit(s)

Flooring Other

Furnishings Furnished

Fireplace false

Appliance Convection Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Other, Washer Hookup

Exterior

Exterior Feature Other

Community Features Sidewalks

Utilities Available Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Concrete,Other

Exposure North

Garage false

Private Pool No

Building

Story 2

Entry Level Multi/Split

Foundation Other

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Unit Floor 2

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9121619

Listed by Adriana Portilla Anasagasti BLUE WATERS REALTY

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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119 SANTA CECILIA San Juan, PR 00911