Property Attributes
- MLS#PR9102551
- TypeSingle Family
- CountySAN JUAN
- CitySAN JUAN
- AreaSan Juan
- NeighborhoodOcean Park
- Zip00911
- StyleSingle Family Residence
- Year Built1950
- Taxes$ 2152
- Price$ 1,595,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3129
- Lot Size3,049 SqFt
Data Source:
Stellar MLS
Property Description
Extraordinary Turnkey Investment Opportunity in Ocean Park! Escape to paradise and unlock the door to a lucrative investment in the heart of the highly coveted Ocean Park neighborhood. This magnificent two-story house, listed at $1,595,000.00, is not just a home; it's a turnkey business opportunity that promises an impressive annual income of over $100,000.00! Key Features: Prime Location: Just 2 blocks from the beach, this property is nestled in one of San Juan’s most requested neighborhoods. Investor's Dream: Tailored for those seeking an effortless investment, this house is furnished and designed to generate substantial income with minimal effort. Act 60 Friendly: Perfect for Act 60 beneficiaries looking for a strategic investment, this property opens the door to tax advantages while providing residency in the gated neighborhood of Ocean Park. Income Potential: Ready to rent each floor separately or as one home, this property has a history of lucrative income. Currently operating as a short-term rental, it has consistently earned an impressive $130,000 annually for two consecutive years. Turnkey Excellence: Everything is in place for immediate occupancy and income generation. The property is already listed on the most visited platforms, ensuring a seamless transition for the next owner. Spacious Layout: With 5 bedrooms and 4 full bathrooms, this two-story gem is ideal for various living arrangements. The first floor boasts 3 bedrooms, 2 bathrooms, a fully equipped kitchen, a welcoming living room, and a charming terrace. The second floor features 2 bedrooms, 2 bathrooms, another well-appointed kitchen, and a delightful terrace. Act Now: Seize this golden opportunity to own not just a home but a thriving investment in one of Puerto Rico's most sought-after locations. Contact us today to explore the endless possibilities and make your dream of owning a turnkey business a reality! Hazard Insurance:$1,215.00 Property Insurance:$1,077.00
Price History | |
---|---|
10/18/2023 | Listed $1,795,000 |
1/26/2024 | 12% - $1,595,000 |
General Features
Interior Features | Ceiling Fan(s),Crown Molding,High Ceilings,Living Room/Dining Room Combo,PrimaryBedroom Upstairs,Stone Counters |
---|---|
Sewer | Private Sewer |
Heating | None |
Cooling | Mini-Split Unit(s) |
Utilities | Cable Available,Cable Connected,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Water Connected |
Roof | Concrete |
Appliances | Convection Oven,Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer |
Exterior Features | Balcony,French Doors,Private Mailbox,Sidewalk,Sliding Doors |
Zoning | RT-3 |
HOA | 130 |
Patio/Porch Features | Porch |
Security Features | Gated Community |
Construction Materials | Block,Concrete |
Pets Allowed | Yes |
Year Built | 1950 |
View | City |
Levels | Two |
Property SubType | Single Family Residence |
Percent Ownership | Fee Simple |
Assoc Fee Paid Per | Monthly |
County | San Juan |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | Yes |
Subdivision Name | OCEAN PARK |
Facing Direction | North |
Garage Y/N | No |
Total Rooms | 15 |
Status | Active |
Directions | Take Autop. Jos de Diego/PR-22,PR-37 and Av. McLeary to C. Sta. Ana in Santurce.Turn right onto Calle Juan Kalaf. Turn left onto the ramp to San Juan 800 m. Merge onto Autop. Jos de Diego/PR-22 1.7 k |
City | SAN JUAN |
Buyer Agent Compensation | 4% |
MLS Area | 00911 - San Juan |
Lot Size Square Feet | 3012 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Cacique Street |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 2152.24 |
Public Remarks | Extraordinary Turnkey Investment Opportunity in Ocean Park! Escape to paradise and unlock the door to a lucrative investment in the heart of the highly coveted Ocean Park neighborhood. This magni |
Lease Considered Y/N | Yes |
Virtual Tour | https://galleries.page.link/APKWP |
Days on Market | 202 |
Standard Status | Active |
Virtual Tour | https://galleries.page.link/aYMrW |
Legal Description | URBANA: Solar en la Seccin Norte del Barrio Santurce de San Juan,sitio conocido por el Parque. Es el marcado con el nmero doce (#12) de la manzana K de los terrenos urbanizados por Ocean Park Develop |
Water Access Type | Beach |
Minimum Lease | No Minimum |
Water Access Y/N | Yes |
Monthly HOA Amount | 130 |
Water View Y/N | No |
Interior Features
Flooring | Marble |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Fireplace Y/N | No |
Full Baths | 4 |
Laundry Features | Upper Level |
Total Bedrooms | 5 |
LivingAreaSource | Public Records |
Total Baths | 4 |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Alley Access |
---|---|
Lot Features | Street One Way |
Water Source | Private |
Lot Size Area | 3012 |
Foundation Details | Block,Concrete Perimeter |
Building Area Total | 3505.8 |
Lot Size Acres | 0.07 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
Road Frontage Type | Street One Way |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool