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1127 Piccioni Street Corner

SAN JUAN, PR 00907
  • $3,200,000
  • STATUS: Active
  • ON SITE: 296 Days
  • MLS #: PR9103184
UPDATED: 44 min ago
$3,200,000
  • 13
    BEDS
  • 628.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,306
    SQFT
  • $603
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Ratings & Info

Description

### An Investor's Dream: Prime Mixed-Use Multifamily Property in Condado #### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse. ### Key Features: - **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House. - **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal. - **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm. - **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest. ### Property Details: - **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece. - **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms. - **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure. - **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility. - **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property. Whether you're looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado's thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication hereyour ideal investment awaits in the heart of the Condado experience!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-09-10T11:47:02.537.
www.cgyrealty.com/homes/145368880
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1127 Piccioni Street Corner SAN JUAN, PR 00907

  • Price: $3,200,000
  • Status: Active
  • On Site: 296 Days
  • Updated: 44 min ago
  • MLS #: PR9103184
13
Beds
0
Baths
0
½ Baths
628.88
Acres
5,306
SQFT
$603
$/SQFT
1959
Built
Neighborhood:
Condado
County:
San Juan
Area:
San Juan
Property Description
### An Investor's Dream: Prime Mixed-Use Multifamily Property in Condado #### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse. ### Key Features: - **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House. - **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal. - **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm. - **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest. ### Property Details: - **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece. - **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms. - **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure. - **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility. - **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property. Whether you're looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado's thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication hereyour ideal investment awaits in the heart of the Condado experience!
Exterior Features

Additional Water Information Walking distance 1/4 mile from the beach Carport Yn No Construction Materials Concrete Exterior Features CourtyardGardenHurricane ShuttersOutdoor ShowerPrivate MailboxStorage Foundation Details Concrete Perimeter Lot Features Corner Lot Other Structures Storage Parking Features Ground Level Pool Features GuniteIn GroundLighting Pool Private Yn Yes Road Surface Type Asphalt Roof Cement Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Storage Rooms Appliances CooktopRefrigerator Cooling Mini-Split Unit(s) Cooling YN Yes Fireplace Yn No Flooring Terrazzo Furnished Furnished Heating ElectricPropane Heating YN Yes Interior Features Eating Space In KitchenHigh CeilingsKitchen/Family Room Combo Laundry Features Laundry RoomOutside Levels Two Sewer Public Sewer Water Source Public Window Features Aluminum FramesImpact Glass/Storm Windows

Property Features

Annual Net Income 0 Association Yn No Down Payment Resource No Flood Zone Code AE Garage Yn No New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Triplex Special Listing Conditions None Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailableElectricity ConnectedPropanePublicWater AvailableWater Connected Zoning R-3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MARIO MCCANN: 787-671-1902.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-09-10T11:47:02.537.
 
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