2008 MCLEARY Active Save Request In-Person Tour Request Virtual Tour
San Juan,PR 00911
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $548
Subdivision Ocean Park
MLS Listing ID PR9110010
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $1,575
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Discover a unique investment opportunity in the highly sought-after Ocean Park neighborhood! This charming guesthouse is situated on vibrant McLeary Avenue, just a 5-minute walk from Ocean Park Beach. Positioned on a corner lot, the property consists of six independent apartments, with interiors that have been meticulously curated. Ample outdoor spaces and intimate patios, surrounded by tropical vegetation, provide a relaxing and inviting atmosphere for guests to enjoy.
The first level of the property includes three unique apartments. The largest offers three bedrooms, two bathrooms, a private deck, and street access. The adjacent two-bedroom, one-bathroom unit connects to it via an adjoining door, allowing both to be rented together to accommodate larger groups. Additionally, a two-story casita, accessible from the central patio, features one bedroom, one bathroom, and a private balcony. On the second level, a foyer leads to three more units, all equipped with in-unit laundry. One corner unit has two bedrooms, two bathrooms, and a spacious living area. The adjacent unit features two bedrooms, one bathroom, and a small foyer suitable as an office. The remaining corner unit is a cozy one-bedroom, one-bathroom with views of the garden below.
The property features thoughtfully designed auxiliary spaces, including storage for linens and towels, a dedicated laundry area, and an alcove for tools, maintenance equipment and cleaning supplies. Furthermore, the property has been reinforced with storm-proof windows throughout, state-of-the art flood barriers and sizeable water cisterns, providing additional security and peace of mind against natural disasters.
Ocean Park is a dynamic neighborhood known for its spectacular beaches, diverse culinary scene, and community feel. Residents and visitors benefit from its proximity to the airport, nearby attractions and city life, while enjoying a serene, coastal living environment. Surrounded by stunning residences and charming guesthouses, this multiunit property is the perfect site for a short-term rental venture. Its commercial-tourism (CT-1) zoning allows low-impact commercial and hospitality ventures, such as guesthouses and boutique hotels. Trendy coffee shops, classic bakeries and eclectic restaurants are all within a short distance of the property. Ocean Park beach, beloved by locals and visitors alike, is widely considered the best beach in San Juan. Consistent winds and a wide, sandy coastline provide the perfect conditions for activities like kitesurfing, windsurfing, beach tennis and beach volleyball.
Whether you're looking to expand your portfolio with a profitable short-term rental or operate a charming guesthouse, this property's prime location and versatility present countless possibilities, making it a sound investment for any business venture you have in mind. Don't miss out on this rare chance to own a unique property in the heart of Ocean Park!
Location
State PR
County San Juan
Community Ocean Park
Zoning CT-1
Interior
Interior Features Other
Heating None
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile
Furnishings Furnished
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Balcony,Courtyard,Garden,Outdoor Shower,Rain Barrel/Cistern(s)
Parking Features Tandem
Utilities Available Electricity Connected,Water Connected
Roof Type Concrete
Garage false
Private Pool No
Building
Lot Description Corner Lot,FloodZone
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None