Active

$1,650,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 3800 sq ft
Overview
  • ID: MFRPR9100377
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 3800 sq ft
Property Details
Remarks
Elegant Investment Opportunity – Ocean Park Beachside Residence Offered at: $1,500,000 (No Owner Financing Available) Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan’s most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities. Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income. This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value. Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan’s most coveted beach neighborhood. Highlights: Prime location in Ocean Park’s gated beach community 6BR/3.5BA main residence + 2BR/1BA guesthouse Fully furnished and move-in ready Expansion potential to a second level Safe, quiet, walkable neighborhood near the beach Ideal for upscale living or high-performing rental No owner financing available Qualified buyers only. Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings. Motivated seller – Best Value Proposition in Ocean Park. Add a touch of sophistication, and this could be a true gem.
Financial Considerations
Price:
$1,650,000
HOA Fee:
140
Tax Amount:
$2064
Price per SqFt:
$434.21
Tax Legal Description:
URBANA: Solar en la Secci6n Norte del Barrio de Santurce, San Juan, Puerto Rico, en la manzana "P" de las terrenos urbanizados par Ocean Park Development Corporation, tiene un area superficial de SEISCIENTOS VEINTIOCHO METROS CUADRADOS (628.00 m2) y colinda par el Norte, en VEINTIOCHO PUNTO TREINT A METROS (28.30 m) con el Solar numero CUATRO (4) de la manzana "P"; par el Sur, en TREINTA Y CUATRO PUNTO CINCUENTA METROS (34.50 m) con las solares numero UNO (1) y DOS (2) de la manzana "P"; par el Este, en VEINTIUNO PUNTO VEINTE METROS (21.20 m) con las solares SIETE (7) y OCHO (8) de la manzana "P" y par el Oeste, que es su frente con el Paseo de Las Gaviotas hoy Calle Malaga. Enclava una casa.
Exterior Features
Lot Size:
6759
Lot Features:
CoastalConstruction Control Line, FloodZone, Near Public Transit, Sidewalk, Street Dead-End, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Converted Garage, Garage Door Opener
Roof:
Concrete
Pool:
Yes
Pool Features:
Above Ground
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
None
Cooling:
Central Air, Ductless
Appliances:
Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1960
Construction Type:
Cement Siding, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Northeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Garden, Outdoor Grill, Outdoor Kitchen
Additional Features 2:
The property is currently used as a short-term rental "Airbnb," generating $20,000 monthly.
Map
  • Address
    3 MALAGA ST #OCEAN PARK
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