618 PONCE DE LEON AVE, SAN JUAN, PR 00907

$4,900,000

Active · 768 days on market · MLS# MFRPR9101207

Bedrooms8
Bathrooms6.5
Lot size0.07 acres
Year built1940
Property typeCondo - Hotel
Garage spaces5
Private poolYes
WaterfrontYes
CountySan Juan

About this home

Amazing investment property in the heart of San Juan with remarkable ocean views. Unique investment opportunity in the trendy Miramar neighborhood overlooking the city’s beautiful saltwater lagoon and modern hotel strip. Vintage building on a long lot located well above the flood zone with million-dollar views. Its front faces the city’s main avenue, dotted with shops, hot cafes, foodie restaurants & gourmet markets. Its back slopes down to the lagoon’s park. The 3-floor vintage structure can be salvaged for a post-modern façade, partially or completely replaced to accommodate a new boutique hotel or sexy apartment building. Envision an award-winning, tall glass tower surrounded by blues. Enjoy an ultra-modern cool space and take a romantic stroll by nearby Spanish villas and tropical gardens. Design & develop it as a commercial or residential property, or both! Minutes from Condado beach, colonial Old San Juan, marinas & airports. In the most exclusive, tree-lined neighborhood of Downtown San Juan. Call or email us for a showing next time you are in Puerto Rico.

Listing courtesy of Ivelisse Arroyo Rodriguez, IVELISSE ARROYO REALTY. Presented by MC Homes Realty Inc · 727432218.

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