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1 Placid Court #71

SAN JUAN, PR 00907
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Bed 8

Bed

Bath 7

Bath

SqFt3,467

Sqft

Acres0.10

Acre(Lot)

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO. This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations. Unit A: 3 bedrooms, 1 bathroom Unit B: Efficiency apartment Unit C: 3 bedrooms, 1 bathroom Unit D: 1 bedroom, 1 bathroom Unit E: 1 bedroom, 1 bathroom Unit F: 1 bedroom, 1 bathroom Unit G: Efficiency apartment Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area. This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,725,000

AD Id : 68729961

MLS Id : MFRPR9115709

Beds : 8

Lot Size : 0.10 Acre

Living Area Size : 3,467

Year Built : 1960

County : San Juan

Subdivision: Condado

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Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 7

    Interior Features

    Ceiling Fans(s), Living Room/Dining Room Combo Roof: Concrete, Shingle Laundry Features: Outside

    Roofing Information

    Concrete, Shingle
  • Flooring Information

    Construction Materials: Concrete
  • Heating & Cooling

    Heating: None Cooling: Mini-Split Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1960
  • Exterior Features

    Balcony, Lighting, Sidewalk, Storage Construction Materials: Concrete Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 4585 Lot Acres: 0.1 Lot Size (SqMt): 426

    Property Information

    Property Type: Residential Income Sub Type: Multi Family

  • Listing Price Information

    Original List Price:$2000000

  • Tax Information

    Parcel Number: 04005004507901

  • Utility Information

    Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: CONDADO City: SAN JUAN Direction: Take the first exit inside the Minillas Tunnel towards Condado. At the traffic light after the Supermax, make a left. Placid Ct #1 Street will be the third street to the right. The property is the second to the right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1507 Mirsonia, San Juan, PR, 00907 $4,900,000 9 11 6,500 6,500 SqFt
66 Placid Court, San Juan, PR, 00907 $3,700,000 4 7 3,827 3,827 SqFt
1404 Vila Mayo, San Juan, PR, 00907 $2,450,000 4 5 3,577 3,577 SqFt
1403 Conveniencia Street, San Juan, PR, 00907 $3,900,000 5 7 4,000 4,000 SqFt
1419 Calle Estrella, San Juan, PR, 00907 $2,395,000 5 8 2,031 2,031 SqFt
1 Almendares, San Juan, PR, 00907 $2,695,000 5 5 3,600 3,600 SqFt
1207 Luchetti Street, San Juan, PR, 00907 $2,450,000 7 5 3,058 3,058 SqFt
606 Cerra St, San Juan, PR, 00907 $1,599,000 6 6 5,922 5,922 SqFt
550 Waymouth, Miramar, San Juan, PR, 00907 $2,899,000 6 5 4,500 4,500 SqFt
655 Concordia, San Juan, PR, 00907 $1,950,000 5 4 4,100 4,100 SqFt
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ByOwner last updated this listing 06/19/2026 @ 06:20

MLS: MFRMLS #PR9115709 LISTED BY: Laura Diaz Febres, ETERNAL SUMMER REALTY 787-478-7456 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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