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Monik Beachfront Boqueron JOSE DE DIEGO STREET POBLADO ST
CABO ROJO , None 00623
MLS#: PR9106507
$2,400,000
Property
Beds
15
Full Baths
None
1/2 Baths
None
Year Built
2010
Sq.Footage
5,880
Exclusive Opportunity in the Heart of Boquerón, Cabo Rojo – Monik Building Discover a rare gem in Boquerón’s most iconic and walkable sector. The Monik Building is a five-story concrete structure designed with unmatched engineering integrity—built on a floating foundation with 78 deep-set pilings, this property has withstood hurricanes, earthquakes, and the test of time. Appraised at $2,854,000, it is now listed below market value, offering a strategic opportunity for the visionary investor. Each of the 5 residential units features 3 bedrooms, 2 bathrooms, living room, dining room, kitchen, laundry, hallways, and balconies with spectacular front-facing views of Boquerón Bay. Additional amenities include an elevator, stairs, rooftop with panoramic 360° views, and separate water/electric meters (6 each), allowing future conversion into a condo regime. Currently underutilized, this is not a passive-income property—it’s a diamond in the rough. Its full potential lies in transformation: think boutique hotel, luxury short-term rentals, or a culinary destination with bar/restaurant facilities on the first level. With limited permitting for new developments in this historic area, the Monik Building represents one of the last opportunities to own a legacy structure in this high-demand tourism corridor. Lot Size: 258 square meters Parking: Accommodates 5 small cars Tax ID: 380-013-008-03-001 Coordinates: 18.024408, -67.173055 This is a unique investment opportunity in the most coveted location of Boquerón. Showings are by appointment only, and proof of funds is required. Don’t miss your chance to own this beachfront treasure. Gross Living ( 5 units / 1,176 each ) = 5,880 sq ft Total Building Construction is Approx = 11,172 sq ft At this moment is vacant, but you can make passive income from it. Asking Price: $2.4 million For more information or to schedule a private tour, contact us today.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
15
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
Exterior
-
Garage
Yes
-
Garage spaces
5
-
Construction Materials
Concrete
-
Other Exterior Features
Balcony
-
Parking
Attached
-
Pool
No
-
Waterfront YN
YES
-
View
Beach, Canal, Marina, Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,400,000
-
Tax Amount
7119.5
-
Sq. Footage
5, 880
-
Price/SqFt
$408
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block, Concrete Perimeter
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cabo Rojo
Elementary School
Middle School
High School
Listing Courtesy of Eddie Nieves Santiago , EDDIE NIEVES SANTIAGO
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
Call Michael today to schedule a private showing.
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