Active

$1,500,000

Features:
  • 8 Bedrooms
  • 9 Bathrooms
  • 3500 sq ft
Overview
  • ID: MFRPR9122930
  • Bedrooms: 8
  • Bathrooms: 9
  • Size: 3500 sq ft
Property Details
Remarks
Opportunities of this scale and location rarely come to market. Magnificently positioned on the oceanfront in Playa Punta Bandera, Luquillo, this fully furnished multifamily property presents a compelling opportunity for an investor ready to move beyond a single Airbnb and acquire a larger, more versatile coastal asset. Currently the only oceanfront multifamily home on the market in Luquillo, the property offers approximately 3,500 square feet of gross living area on a 357 square meter lot. Its layout is distributed across seven independent units and includes eight bedrooms, eight full bathrooms, three kitchens, separate utility meters, private porches, and open and covered terraces; comfortably accommodating up to 18 guests. Three units feature dedicated kitchen and dining areas, while the remaining four are configured as private guest accommodations with their own bathrooms and access to outdoor spaces. Previously operated as a guest house, the property is already well configured for a buyer interested in resuming similar hospitality use. Its flexible arrangement also allows investors to pursue short term rentals, long term rentals, or a combination of both within one property. With breathtaking ocean views, a versatile layout, and convenient access to Luquillo’s beaches, restaurants, El Yunque National Forest, and other major attractions, this property is well suited for someone seeking an investment opportunity larger and more dynamic than a traditional single unit vacation rental. Call today to schedule your private showing and experience this unique oceanfront opportunity firsthand. Disclaimer: The property may require minor repairs and maintenance
Financial Considerations
Price:
$1,500,000
HOA Fee:
N/A
Tax Amount:
$1118
Price per SqFt:
$428.57
Tax Legal Description:
N/A
Exterior Features
Lot Size:
3843
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
9
Heating:
None
Cooling:
Mini-Split Unit(s)
Appliances:
Microwave, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
Two
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1990
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    Luquillo BEACH #A-25
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