2008 Mcleary San Juan, PR 00911
Estimated payment $12,804/month
Highlights
- Corner Lot
- No HOA
- High Impact Windows
- Furnished
- Balcony
- Tandem Parking
About This Home
Discover a unique investment opportunity in the highly sought-after Ocean Park neighborhood! This charming guesthouse is situated on vibrant McLeary Avenue, just a 5-minute walk from Ocean Park Beach. Positioned on a corner lot, the property consists of six independent apartments, with interiors that have been meticulously curated. Ample outdoor spaces and intimate patios, surrounded by tropical vegetation, provide a relaxing and inviting atmosphere for guests to enjoy.
The first level of the property includes three unique apartments. The largest offers three bedrooms, two bathrooms, a private deck, and street access. The adjacent two-bedroom, one-bathroom unit connects to it via an adjoining door, allowing both to be rented together to accommodate larger groups. Additionally, a two-story casita, accessible from the central patio, features one bedroom, one bathroom, and a private balcony. On the second level, a foyer leads to three more units, all equipped with in-unit laundry. One corner unit has two bedrooms, two bathrooms, and a spacious living area. The adjacent unit features two bedrooms, one bathroom, and a small foyer suitable as an office. The remaining corner unit is a cozy one-bedroom, one-bathroom with views of the garden below.
The property features thoughtfully designed auxiliary spaces, including storage for linens and towels, a dedicated laundry area, and an alcove for tools, maintenance equipment and cleaning supplies. Furthermore, the property has been reinforced with storm-proof windows throughout, state-of-the art flood barriers and sizeable water cisterns, providing additional security and peace of mind against natural disasters.
Ocean Park is a dynamic neighborhood known for its spectacular beaches, diverse culinary scene, and community feel. Residents and visitors benefit from its proximity to the airport, nearby attractions and city life, while enjoying a serene, coastal living environment. Surrounded by stunning residences and charming guesthouses, this multiunit property is the perfect site for a short-term rental venture. Its commercial-tourism (CT-1) zoning allows low-impact commercial and hospitality ventures, such as guesthouses and boutique hotels. Trendy coffee shops, classic bakeries and eclectic restaurants are all within a short distance of the property. Ocean Park beach, beloved by locals and visitors alike, is widely considered the best beach in San Juan. Consistent winds and a wide, sandy coastline provide the perfect conditions for activities like kitesurfing, windsurfing, beach tennis and beach volleyball.
Whether you’re looking to expand your portfolio with a profitable short-term rental or operate a charming guesthouse, this property’s prime location and versatility present countless possibilities, making it a sound investment for any business venture you have in mind. Don’t miss out on this rare chance to own a unique property in the heart of Ocean Park!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,575
Year Built
- Built in 1950
Lot Details
- 4,286 Sq Ft Lot
- Corner Lot
- Garden
Home Design
- Bi-Level Home
- Slab Foundation
- Concrete Roof
- Concrete Siding
Interior Spaces
- 4,150 Sq Ft Home
- Furnished
- Ceramic Tile Flooring
- High Impact Windows
- Laundry Room
Parking
- 2 Carport Spaces
- Tandem Parking
Outdoor Features
- Outdoor Shower
- Balcony
- Courtyard
- Rain Barrels or Cisterns
Location
- Flood Zone Lot
Utilities
- Mini Split Air Conditioners
- No Heating
Community Details
- No Home Owners Association
- 6 Units
- 4,400 Sq Ft Building
- Ocean Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 041-042-616-02-001
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | For Sale | $2,275,000 | -- | $548 / Sq Ft |
Source: Stellar MLS
MLS Number: PR9110010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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