$3,200,000 for Sale
1127 piccioni street corner, san juan, PR 00907
| Beds 13 | Baths 9 | 5,306 Sqft | 628.88 Acres |
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Property Description
### An Investor's Dream: Prime Mixed-Use Multifamily Property in Condado #### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse. ### Key Features: - **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House. - **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal. - **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm. - **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest. ### Property Details: - **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece. - **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms. - **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure. - **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility. - **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property. Whether you're looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado's thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication here—your ideal investment awaits in the heart of the Condado experience!
General Information
Sale Price: $3,200,000
Price/SqFt: $603
Status: Active
MLS#: PR9103184
City: san juan
Post Office: san juan
County: San Juan
Subdivision: condado
Acres: 628.88
Bedrooms:13
Bathrooms:9
House Size: 5,306 sq.ft.
Acreage: 628.88 est.
Year Built: 1959
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Concrete
Exterior Misc: Courtyard, Garden, Hurricane Shutters, Outdoor Shower, Private Mailbox, Storage
Pool: Yes
Pool Description: Gunite, In Ground, Lighting
Basement: No
Foundation : Concrete Perimeter
Appliances: Cooktop, Refrigerator
Cooling: Mini-Split Unit(s)
Heating: Electric, Propane
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Mario Rivera McCann of MARIO MCCANN, Phone: 787-671-1902
