$1,300,000
Active · 76 days on market · MLS# MFRPR9113553
| Bedrooms | 0 |
|---|---|
| Living area | 5,000 sq ft |
| Lot size | 0.12 acres |
| Year built | 1991 |
| Property type | Quadruplex |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| County | San Juan |
Turnkey 4-Unit Multifamily Gem in MIRAMAR: Cash Flow + NO Federal Capital Gains! Seize a rare opportunity to own 665 Miramar Avenue, a maintained 4-unit property in San Juan’s most coveted neighborhood, steps from Ocean Park Beach and Condado’s luxury corridor. This turnkey investment boasts fully renovated units (2-3 bedrooms each). Perfect for generating active income through STRs. Miramar’s Elite Positioning: •Surrounded by Cafés, galleries, and beaches just minutes away. •Tourism Epicenter: 10 mins to SJU Airport, Port of San Juan (2M+ cruise passengers/year). • Appreciation Magnet: Adjacent to Condado’s $5M+ condos – values surged STRONG INCREASE + since 2020. Wealth-Builder Essentials: - Stable NOI: at least $100K/year . - Dual-Income Strategy: Hold long-term tenants or pivot to luxury vacation rentals (peak rates: $300+/night). - Inflation Hedge: Tangible asset in a supply-constrained luxury enclave. Act Now! • Ideal for Act 60 decree holders, 1031 exchangers, or crypto investors leveraging tax efficiency.
Listing courtesy of Claritsa Alcover, ALCOVER REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.