Sarasota's Premier Homes

1 PLACID COURT 71

SAN JUAN , None 00907

MLS#: PR9115709

$1,725,000

Status: Active
Listing number: PR9115709
Listing provided by: ETERNAL SUMMER REALTY
Listing agent phone: None
Last update: 3 months ago
On site: 6 months ago
Browse Properties
CONDADO - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

3,467

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO. This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations. Unit A: 3 bedrooms, 1 bathroom Unit B: Efficiency apartment Unit C: 3 bedrooms, 1 bathroom Unit D: 1 bedroom, 1 bathroom Unit E: 1 bedroom, 1 bathroom Unit F: 1 bedroom, 1 bathroom Unit G: Efficiency apartment Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area. This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Balcony, Lighting, Storage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,725,000

  • Sq. Footage

    3, 467

  • Price/SqFt

    $497

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

San Juan

Elementary School

Middle School

High School

Listing Courtesy of Laura Diaz Febres , ETERNAL SUMMER REALTY

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO. This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations. Unit A: 3 bedrooms, 1 bathroom Unit B: Efficiency apartment Unit C: 3 bedrooms, 1 bathroom Unit D: 1 bedroom, 1 bathroom Unit E: 1 bedroom, 1 bathroom Unit F: 1 bedroom, 1 bathroom Unit G: Efficiency apartment Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area. This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.

1 PLACID COURT 71

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Exceptional offering in the Ocean Park area. Situated on a 508 square meter lot, this multifamily property features four fully independent apartments totaling 11 bedrooms, 8 bathrooms, 4 parking spaces. Apartment 1 offers two bedrooms and two bathrooms. Apartment 2 includes two bedrooms and one bathroom. Apartment 3 provides four bedrooms and two bathrooms. Apartment 4 features three bedrooms and three bathrooms, along with a pool. The configuration includes two units on the ground level and two on the upper level, plus access to a rooftop. High ceilings and a versatile design enhance both comfort and functionality. Well suited for an owner seeking to live in one residence while generating rental income, or for investors aiming to optimize returns through short- or long-term leasing. Located just three minutes on foot from the beach, the property is positioned within a controlled access community, offering privacy and convenience. Ocean Park remains one of the most sought-after coastal neighborhoods of San Juan, known for its vibrant beach lifestyle, diverse dining options, proximity to Condado, schools, and recreational activities including kite surfing.
#PR9119540

SAN JUAN

Ocean Park 2052 CACIQUE

11 Beds

None Baths

2,800 Sq.Ft.

$1,495,000

MLS#: PR9119540

Architecturally striking multi-family residential compound located at 424 Del Valle Street, Monte Flores Development, San Juan, offering privacy, scale, and flexibility rarely found within the urban core. Set behind a gated street façade, the property unfolds into a lush internal courtyard and circulation corridor, creating a quiet, residential atmosphere removed from street activity. The property sits on a 626.25 square meter lot and is improved with a four-story reinforced concrete main structure housing five residential units, complemented by a separate two-story rear building with an additional unit, for a total of six (6) independent residences. Total improvements measure approximately 6,729 square feet of gross living area. The layout is thoughtfully organized around covered walkways, landscaped planters, and mature trees, providing natural light, ventilation, and a strong sense of separation between units. Architectural elements include clean modern lines, concrete construction, accent walls, louvered doors and windows, and multiple access points, making the property well-suited for long-term residential use or diversified rental strategies. Additional features visible on-site include secured pedestrian access, on-site garage/carport space, internal service areas, and a clearly defined circulation path connecting the front and rear structures. The property is zoned Residential (ZU-R1) and located in Flood Zone X (non-flood zone). Centrally positioned within San Juan, the property benefits from proximity to major transportation arteries, hospitals, universities, employment hubs, and commercial corridors, supporting sustained rental demand.
#PR9119016

SAN JUAN

424 DEL VALLE ST MONTEFLORES DEV

12 Beds

None Baths

6,729 Sq.Ft.

$1,475,000

MLS#: PR9119016

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service