PUERTA DE TIERRA SAN AGUSTIN STREET new Save Request In-Person Tour Request Virtual Tour
San Juan,PR 00906
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,453 sqft
Price per Sqft $284
Subdivision Puerta De Tierra Sector
MLS Listing ID PR9113727
Year Built 1950
Annual Tax Amount $1,486
Lot Size 4,356 Sqft
Property Sub-Type Multi Family
New Construction false
Property Description
This turnkey hospitality business in Puerto Rico offers a great investment opportunity, combining consistent long-term rental income with a high-performing short-term guesthouse operation. Fully staffed and managed through Airbnb, the business is optimized for passive ownership and boasts significant upside potential. The three-story, 14-unit commercial property encompasses a total gross building area of 5,453 square feet—including 5,279 square feet of living area and a 174-square-foot staircase—on a 250-square-meter site. The layout includes four long-term rental units, each with three bedrooms and one bathroom, along with ten fully equipped short-term rental units, each with a private bath and four of them with full kitchen. The property has maintained Airbnb Super host status for seven consecutive years and has hosted over 3,000 guests. Additional improvements include a 900-square-foot basement with two 300-gallon water cisterns, 9 water and electricity meters. This property is ideally situated in the historic district of Puerta de Tierra—nestled between Old San Juan and Condado—the property benefits from proximity to colonial landmarks, upscale amenities, beaches, and the Isla Grande private airport, just five minutes away. This prime location ensures sustained demand from both tourists and locals, making it a strategic asset for residential and commercial investment. Information about the income and lost statement is available upon sign a confidential and non-disclosure document.
Location
State PR
County San Juan
Community Puerta De Tierra Sector
Area 00906 - San Juan
Zoning C-2 OR C-I
Interior
Cooling Ductless
Exterior
Parking Features None
Community Features Curbs,Sidewalks
Roof Type Concrete,Metal
Building
Foundation Basement,Slab
Structure Type Concrete
New Construction false
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9113727