Active

$695,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 2042 sq ft
Overview
  • ID: MFRPR9122668
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 2042 sq ft
Property Details
Remarks
Wake up to the sound of the Caribbean Sea in this stunning oceanfront penthouse at Palmanova Plaza, the heart of Palmas del Mar Resort. This 3-bedroom, 2-bath residence spans 2042 sq ft and sits just steps from the community pool, with sweeping, unobstructed ocean views from nearly every room. The open-concept layout combines kitchen, dining, and living areas, ideal for entertaining or enjoying the ocean from every angle. Electric hurricane shutters offer protection and everyday convenience without sacrificing natural light. A separate family room adds flexible space, perfect as an office or quiet retreat. The master suite and living area open through sliding doors onto a generous private balcony, perfect for morning coffee or sunset cocktails with ocean views. The building offers 4 elevators and one dedicated underground parking space. Palmanova Plaza isn't just a residential building; it's Palmas del Mar's town square, with a central fountain and restaurants including Ember & Vine, Agustina, Blue Hawaii, Brasas, Koffy, and Norberto's Piano Bar. It also has Banco Popular, Palmas Market, Casillas Realty, Palmas Insurance, and a dermatology office, all just an elevator ride away. This penthouse places you inside one of Puerto Rico's most exclusive gated communities, with 24/7 security. Amenities include two championship golf courses (Gary Player and Rees Jones), a yacht marina, racquet club, fitness center, and equestrian stables. The community has Palmas Academy, a bilingual school, and Act 60 tax incentives. It's near Humacao and about an hour from San Juan. Airbnb and short-term rentals are allowed, making this penthouse an excellent income-producing property with an oceanfront location and resort amenities. Ideal as a residence, seasonal escape, or vacation rental. Schedule your private showing today.
Financial Considerations
Price:
$695,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$340.35
Tax Legal Description:
N/A
Exterior Features
Lot Size:
0
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Natural Gas
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1992
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    295 Palmas Inn Way PALMAS INN WAY #406
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