NOT LISTED FOR SALE

1107 Ribot St Unit 1 San Juan, PR 00907

1 Bed
1 Bath
525 Sq Ft
$80/mo HOA Fee

Last Sold March 08, 2024

Last sale price $175,000 $333 Per Sq Ft

6 Days on Market

Highlights

  • Furnished
  • Solid Wood Cabinet
  • Combination Dining and Living Room
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of March 2024

It's a gorgeous apt in a great location! It is in the city's heart, close to the beach and principal tourist attractions. Easy access to main roads and close to everything... beach, parks, schools, hospitals, restaurants, bars, movie theaters, stores, walking distance. The apartment is lovely, quiet, and relaxing. It has a fabulous open concept, is beautifully decorated, and is very clean. Lots of natural light and cross-ventilation. This is a completed renovated apartment, move-in ready or ready to be turned into Airbnb and generate income.
1107 Ribot Condominio Plaza Ribot. The apartment on the second level has 1 bedroom, 1 bathroom, kitchen, living room, one assigned parking space, fully furnished and move-in ready. Right in the middle of Santurce, walking distance of the area's main attractions. Building allows short-term rentals, making this an excellent investment.
One bedroom, One bathroom, one assigned parking, no elevator, HOA $80 per month, Property Taxes $325.00 per year, Private Hazard Insurance $450.00 per year approximately. Price is not subject to appraisal. Only qualified buyers with a pre-qualified letter less than 30 days from a local bank proof of funds for at least a 35% down payment.
This is a unique opportunity to own a one-bedroom and Airbnb it. THIS IS A GREAT DEAL FOR AIRBNB AND VERY CLOSE TO THE BEACH. GREAT INCOME POTENTIAL. THIS APARTMENT IS PRICED TO SELL FAST.

Last Listed By

Victor Alonso Vega

PR SHORT CORPORATE INTERNATIONAL REALTY Brokerage Phone: 787-525-4364 License #C-15629 Listed on: 11/29/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $326

Year Built

  • Built in 2002

Lot Details

  • 0.5

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fiber Cement Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 525 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer

Kitchen

  • Range
  • Microwave
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 04004806838001

Community Details

Overview

  • 10 Units
  • Pablo Franceskin Association
  • Santurce Subdivision
  • Association Owns Recreation Facilities

Pet Policy

  • Pets up to 50 lbs
  • 1 Pet Allowed

Building Details

  • Operating Expense $3,000
  • Gross Income $41,000

Property Details

Home Type

Condominium

Est. Annual Taxes

$326

Year Built

Built in 2002

Lot Details

0

HOA Fees

$80 per month

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Brick, Cement Siding
  • Fireplace: No
  • Living Area: 525
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 505
  • Lot Size Sq Ft: 3000
  • Tenant Pays: Electricity, Water
  • Directions to Property: Condominio Ribot Plaza Calle Ribot 1107 San Juan, PR 00907
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: SAN JUAN
  • Escrow State: PR
  • List Office Head Office Key Nume: 507530018
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 333.33
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Attribution Contact: 787-525-4364
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Living Room/Dining Room Combo, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 1107
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 48.77

Exterior Features

  • Exterior Features: Outbuilding(s)
  • Roof: Cement
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned
  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association Name: PABLO FRANCESKIN
  • Association: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: NO RESTRICTIONS
  • Association Fee Requirement: Required
  • Building Name Number: RIBOT PLAZA
  • Condo Fees: 0
  • Max Pet Weight: 50
  • Monthly Condo Fee Amount: 0
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 960.00
  • Total Monthly Fees: 80.00
  • Monthly HOA Amount: 80.00

Lot Info

  • Zoning: RT3
  • Parcel Number: 04004806838001
  • Additional Parcels: No
  • Flood Zone Code: 040048
  • Lot Size Square Meters: 279

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: This property is currently being used as an Airbnb rental, generating income for owners.
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 41000
  • Number Of Units Total: 10
  • Approval Process: No approval needed for short term rentals
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 326

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $175,000 -5.4% $333 / Sq Ft
02/13/2024 02/13/24 For Sale $185,000 0.0% $352 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $185,000 -- $352 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: PR9103319

Stellar MLS