13 Beds
8 Baths
3,553 SqFt
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
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
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