$1,425,000
$1,650,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
3 MALAGA ST #OCEAN PARK San Juan, PR 00911
6 Beds
4 Baths
3,800 SqFt
Key Details
Sold Price $1,425,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $375
Subdivision Ocean Park Gated Community
MLS Listing ID PR9100377
Bedrooms 6
Full Baths 3
Half Baths 1
HOA Fees $140/mo
Year Built 1960
Annual Tax Amount $2,064
Lot Size 6,534 Sqft
Property Sub-Type Single Family Residence
New Construction false
Property Description
Elegant Investment Opportunity – Ocean Park Beachside Residence
Offered at: $1,500,000
(No Owner Financing Available)
Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan's most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities.
Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income.
This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value.
Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan's most coveted beach neighborhood.
Highlights:
Prime location in Ocean Park's gated beach community
6BR/3.5BA main residence + 2BR/1BA guesthouse
Fully furnished and move-in ready
Expansion potential to a second level
Safe, quiet, walkable neighborhood near the beach
Ideal for upscale living or high-performing rental
No owner financing available
Qualified buyers only.
Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings.
Motivated seller – Best Value Proposition in Ocean Park.
Add a touch of sophistication, and this could be a true gem.
Location
State PR
County San Juan
Community Ocean Park Gated Community
Area 00911 - San Juan
Zoning RT-4
Rooms
Other Rooms Florida Room, Garage Apartment, Storage Rooms
Interior
Heating None
Cooling Central Air, Ductless
Flooring Ceramic Tile
Exterior
Exterior Feature Balcony, Garden, Outdoor Grill, Outdoor Kitchen
Parking Features Converted Garage, Garage Door Opener
Garage Spaces 1.0
Fence Fenced, Masonry
Pool Above Ground
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N 1
View Water
Roof Type Concrete
Building
Lot Description CoastalConstruction Control Line, FloodZone, Near Public Transit, Sidewalk, Street Dead-End, Paved
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Concrete
New Construction false
Others
Monthly Total Fees $260
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with PR SHORT CORPORATE INTERNATIONAL REALTY