Active

$475,000

Features:
  • 7 Bedrooms
  • 2 Bathrooms
  • 1712 sq ft
Overview
  • ID: MFRPR9114319
  • Bedrooms: 7
  • Bathrooms: 2
  • Size: 1712 sq ft
Property Details
Remarks
Completely renovated from top to bottom, this multi-family property offers a tremendous opportunity in the highly sought-after Islote beach community, the best coastal area of Arecibo. Imagine owning a property with awe-inspiring ocean views and direct access to the beach – perfect for investment, personal use, or a combination of both. This coastal/country paradise boasts authorized public beach access that is currently being cleared for your direct enjoyment. The property features 1712 sq ft spread across two units: * The first-level unit includes 3 bedrooms, 1 bathroom, a living room, dining room, kitchen, single carport, and a front balcony. * The second-level unit offers 4 bedrooms, 1 bathroom, a living room, dining room, kitchen, a large front balcony, and stunning ocean views. Located on the beach road in a peaceful countryside/beachside setting, both units have been renovated with an open-flow concept and a new structural system. The upgrades include all-new electrical and plumbing systems, a new roof designed for longevity, new flooring throughout, and completely new kitchens and bathrooms featuring new counters, cabinets, vanities, and faucets. You'll also find new burner stove tops and backsplashes, new bathroom showers and tiles, and new doors and windows. For your comfort, the property is equipped with 8 new mini-split A/C units providing full coverage, as well as new indoor and outdoor patio fans. The exterior has been completely renovated with new windows, plastering, weatherproof sealing, and both interior and exterior paint. A new efficient tankless hot water heater has also been installed. As an added bonus, there is a new laundry room and a locked owner's storage area – ideal for maximizing short-term rental potential. The location is incredibly convenient, with easy access to the Nautico Club of Arecibo, Arecibo Lighthouse & Historical Park, Arecibo Motorsports, fantastic local restaurants and beachside bars, natural caves and reserves, and numerous surrounding beaches such as Playa Caracoles, Caza y Pesca, La Poza del Obispo, and more.
Financial Considerations
Price:
$475,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$277.45
Tax Legal Description:
N/A
Exterior Features
Lot Size:
4333
Lot Features:
Level, Near Marina, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
7
Bathrooms:
2
Heating:
None
Cooling:
Ductless
Appliances:
Cooktop, Refrigerator, Tankless Water Heater
Furnished:
No
Floor:
Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1975
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    PR 681 Km. 5.7 N ISLOTE WARD #2
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