Active

$340,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 7800 sq ft
Overview
  • ID: MFRPR9113878
  • Bedrooms:
  • Bathrooms: 0
  • Size: 7800 sq ft
Property Details
Remarks
Historic Building + Pool + Mixed-Use Zoning — $340,000 | Seller Financing Available Prime investment opportunity in Ponce’s historic district, steps from Plaza Las Delicias and Casa de Bombas. This 1897 Spanish Colonial property offers exceptional potential for a boutique hotel, STR complex, or mixed-use development. Property Features: 7,800 ft² structure on 6,492 ft² lot Mixed-use zoning Two commercial storefronts Large interior patio 20' x 30' pool with deck Ground-floor offices, bathrooms, and laundry Ideal for hospitality or redevelopment projects Condition: Second floor and roof require reconstruction due to past fire damage—providing complete design freedom while preserving historic charm. Investment Snapshot: Price: $340,000 Seller Financing: Available with 50% down Renovation Estimate: $300K–$500K ADR: $145–$165 | Occupancy: ~70% Eligible for Act 60 Tourism Tax Credits (up to 40% refund) Terms: Cash or seller financing • Proof of Funds required • Sold AS-IS • Not subject to appraisal. Ideal Buyer A developer or investor seeking a high-ROI project in a prime tourism corridor. Perfect for someone planning a boutique hotel, STR apartments, or a mixed-use concept, and who wants to capitalize on Act 60 tourism incentives and the strong demand in Ponce’s historic zone.
Financial Considerations
Price:
$340,000
HOA Fee:
N/A
Tax Amount:
$1400
Price per SqFt:
$43.59
Tax Legal Description:
URBANA: Solar con una casa de mamposteria de dos pisos o plantas, techada de hierro galvanizado, marcada con el numaro cinco (5) de gobierno, que radica en el Barrio Frimero de esta ciudad, con frente por el ESTE a la Calle de la Marina Y lindando por el SUR, (18.38) metros de frente a la Calle Marina, por el SUR, cuarenta punto cincuenta y cuatro (40.54) metros; por el OESTE, de Sur a Norester dos punto noventa (2.90) metros y despues al Norte, seis punto cuarenta (6.40) metros; y por el NORTE, partiendo de la Calle de la Marina, tiene varias medidas, a saber: la primera, de trece punto sesenta y cinco (13.65) metros, la segunda, veinte punto cero ocho (20.08) metros; la tercera, de tres punto ochenta y tres (3.83) metros; la cuarta, de ocho punto setenta y ocho (8.78) metros, luego sigue al SUR, tres (3) metros y luego al OESTE, diez (10) metros, que forman un area superficial cuadrada de quiniantos punto noventa y siete punto cero cero (597. 00) metros cuadrados.
Exterior Features
Lot Size:
11399
Lot Features:
Historic District, City Limits, Interior Lot, Near Public Transit, Neighbourhood, Special Taxing District
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18, Curb Parking, Ground Level
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
None
Cooling:
Mini-Split Unit(s), Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile, Concrete
Levels:
Two
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1897
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    9181 MARINA ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 850,000
avt
Daniel Dourado
$ 1,999,999
img
  • Featured
  • Active
Hotel/Motel

4640 W IRLO BRONSON MEMORIAL HWY

  • 0
  • 963 m²
avt
Daniel Dourado
$ 3,250,000
img
  • Featured
  • Active
Hotel/Motel

4643 W IRLO BRONSON MEMORIAL HWY

  • 0
  • 947 m²
avt
Daniel Dourado
$ 3,450,000
avt
Daniel Dourado
$ 2,500,000
avt
Daniel Dourado
$ 2,500,000
avt
Daniel Dourado
$ 599,000
avt
Daniel Dourado
$ 5,500,000
avt
Daniel Dourado
$ 800,000
avt
Daniel Dourado
$ 3,480,000
img
  • Featured
  • Active
Hotel/Motel

PR-9911 HOTEL PARADOR PALMAS DE LUCIA

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,350,000
img
  • Featured
  • Active
Hotel/Motel

PR-9911 HOTEL LUCIA BEACH, CAMINO NUEVO WARD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,150,000