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Angie Gooden

LPT Realty, LLC

agoodenrealtor@gmail.com +1(843) 576-9551

$ 1,725,000

Est. payment | -/mo

8 Beds

7 Baths

3,467 SqFt

Save Virtual Tour

$ 1,725,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

7 Baths

3,467 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,467 sqft

Price per Sqft $497

Subdivision Condado

MLS Listing ID PR9115709

Bedrooms 8

HOA Y/N No

Year Built 1960

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO.

This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations.

Unit A: 3 bedrooms, 1 bathroom
Unit B: Efficiency apartment
Unit C: 3 bedrooms, 1 bathroom
Unit D: 1 bedroom, 1 bathroom
Unit E: 1 bedroom, 1 bathroom
Unit F: 1 bedroom, 1 bathroom
Unit G: Efficiency apartment

Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area.

This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.

Location

State PR

County San Juan

Community Condado

Area 00907 - San Juan

Zoning RESI

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo

Heating None

Cooling Mini-Split Unit(s)

Furnishings Furnished

Fireplace false

Laundry Outside

Exterior

Exterior Feature Balcony, Lighting, Sidewalk, Storage

Utilities Available Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected

View Y/N No

Water Access No

Roof Type Concrete,Shingle

Garage false

Private Pool No

Building

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9115709

Listed by Laura Diaz Febres ETERNAL SUMMER REALTY

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Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

1 PLACID COURT #71 San Juan, PR 00907

Angie Gooden

Key Details

Location

Interior

Exterior

Building

Others

1 PLACID COURT #71

MY BLOGS

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