• 618 Ponce De Leon Avenue SAN JUAN, PR 00907

  • $4,900,000
  • 8
    Bed(s)
  • 8
    Baths
  • 0
    Sq Ft
  • 0.07
    Acre
  • Listed By: IVELISSE ARROYO REALTY
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

Amazing investment property in the heart of San Juan with remarkable ocean views. Unique investment opportunity in the trendy Miramar neighborhood overlooking the city’s beautiful saltwater lagoon and modern hotel strip. Vintage building on a long lot located well above the flood zone with million-dollar views. Its front faces the city’s main avenue, dotted with shops, hot cafes, foodie restaurants & gourmet markets. Its back slopes down to the lagoon’s park. The 3-floor vintage structure can be salvaged for a post-modern façade, partially or completely replaced to accommodate a new boutique hotel or sexy apartment building. Envision an award-winning, tall glass tower surrounded by blues. Enjoy an ultra-modern cool space and take a romantic stroll by nearby Spanish villas and tropical gardens. Design & develop it as a commercial or residential property, or both! Minutes from Condado beach, colonial Old San Juan, marinas & airports. In the most exclusive, tree-lined neighborhood of Downtown San Juan. Call or email us for a showing next time you are in Puerto Rico.

Property Type :

Residential

Subdivision :

Tampa Shores Inc

County :

San Juan

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 8

Bathroom Information

Total Baths: 8

Full Baths: 5

Half Baths: 3

Interior Features

Ninguno

Roof : Concrete, Tile

Appliances : None

Roofing Information

Concrete, Tile

Flooring Information

Flooring : Ceramic Tile, Concrete, Tile, Wood

Construction Materials : Block, Cement Siding, Concrete

Heating & Cooling

Heating: None

Cooling: None

WaterSource: Public

Building Information

Year Built: 1940

Exterior Features

Balcony, Sidewalk

Construction Materials: Block, Cement Siding, Concrete

Foundation Details: Basement, Block, Concrete Perimeter

Lot Information

Lot Square Feet: 3310

Lot Acres: 0.07

Lot Size (SqMt): 308

Property Information

Property Type: Residential

Sub Type: Condo - Hotel

Listing Price Information

Original List Price: $4900000

Tax Information

Tax Legal Description: Lot with frontage on Ponce de Leon Avenue, located in Santurce North, in the city of San Juan. With an irregular polygon form having 5 sides. The right side faces the southeast and the left side faces north.

Parcel Number: 040-037-051-08-001

Utility Information

Electricity Connected, Sewer Connected, Street Lights, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: MIRAMAR

City: SAN JUAN

Direction: Take Ponce de Leon Avenue to the intersection of Miramar Avenue. The lot with its vintage building faces the intersection to the right. Or take Miramar Avenue downhill to Ponce de Leon Avenue. The lot with its vintage building faces the intersection in front of you.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1379 Paseo Don Juan #5B.., San Juan, PR,00907 $2,490,000 3 4 2,111 0.04 Acre
1095 Calle Wilson #1901, San Juan, PR,00907 $875,000 2 2 1,678 --
1308 Wilson Avenue, San Juan, PR,00907 $2,750,000 5 5 3,050 0.11 Acre
1035 Ashford Ave #1108, San Juan, PR,00907 $270,000 -- 1 450 0.01 Acre
THE ICON 1120 Ashford A.., San Juan, PR,00907 $2,978,000 3 4 2,409 0.45 Acre
CONDADO STREET Cond. Co.., San Juan, PR,00907 $498,500 2 1 926 0.01 Acre
1104 Piccioni Street #2, San Juan, PR,00907 $725,000 3 3 2,000 0.17 Acre
1350 Wilson Avenue #2-W, San Juan, PR,00907 $1,950,000 3 4 2,569 0.33 Acre
1350 Wilson Avenue #7-8-W, San Juan, PR,00907 $3,800,000 4 6 3,780 0.33 Acre
1149 Ashford Avenue Van.., San Juan, PR,00907 $6,875,000 4 6 3,965 --

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Based on information submitted to the MLS GRID as of 04/30/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/30/2024 @ 06:20

MLS: MFRMLS #PR9101207
LISTED BY: Ivelisse Arroyo Rodriguez, IVELISSE ARROYO REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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