Active

$926,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1753 sq ft
Overview
  • ID: MFRPR9120021
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1753 sq ft
Property Details
Remarks
Oceanfront Penthouse Investment Opportunity | Mar Azul, Puerto Rico Perched on the eighth floor of the renowned Mar Azul Condominium, this exceptional oceanfront penthouse represents a rare opportunity to acquire a high-performing coastal asset in one of Puerto Rico’s most desirable beachside communities. Offering 70% owner financing, the property combines immediate income potential with long-term appreciation in a prime west-coast location. Spanning 1,753 square feet across two levels, the residence features three bedrooms and three bathrooms, thoughtfully designed to balance comfort, privacy, and oceanfront living. The open-concept living and dining area flows seamlessly into a fully equipped kitchen and dedicated laundry room, creating an inviting space ideal for both private enjoyment and hosting guests. Currently operating as a successful short-term rental with strong performance, the property benefits from consistent demand from travelers seeking premium accommodations on Puerto Rico’s celebrated west coast. In accordance with HOA regulations, the residence is rented with a 7-night minimum stay, maintaining an elevated guest profile while preserving the tranquility of the community. Ownership also includes two assigned parking spaces, along with the security and reliability of a full emergency generator and water cistern, ensuring uninterrupted comfort year-round. Residents enjoy access to Mar Azul’s resort-style amenities, including a large swimming pool, children’s play area, beach volleyball court, and direct access to a private stretch of pristine beach. The surrounding area is internationally known for its surf breaks, vibrant culinary scene, and relaxed yet sophisticated coastal atmosphere, further enhancing the property’s appeal as both a lifestyle purchase and investment asset. Property Details • Interior Area: 1,753 sq ft • Bedrooms: 3 • Bathrooms: 3 • Parking: 2 assigned spaces • Annual Property Tax: $2,715.33 • Monthly HOA: $289.00 • Owner Financing Available: Up to 70% Whether envisioned as a primary residence, refined vacation retreat, or income-producing investment, this penthouse offers a compelling combination of location, performance, and flexibility. Opportunities of this caliber are rarely available on Puerto Rico’s west coast. Coordinates: 18.3795307, -67.2201749
Financial Considerations
Price:
$926,000
HOA Fee:
289
Tax Amount:
$N/A
Price per SqFt:
$528.24
Tax Legal Description:
N/A
Exterior Features
Lot Size:
N/A
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
None
Cooling:
Mini-Split Unit(s)
Appliances:
Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Tile
Levels:
Two
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
2017
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other, Sidewalk
Additional Features 2:
BUYER/BUYER AGENT TO VERIFY/CONFIRM LEASE RESTRICTIONS WITH HOA
Map
  • Address
    PR-115 CONDOMINIO MAR AZUL #115
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