$890,000
$410K PRICE DROP

2388 Laurel St Punta Las Marias St San Juan, PR 00913

Estimated payment $5,806/month

Total Views 89,375
5 Beds
4 Baths
2,299 Sq Ft
$387 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • L-Shaped Dining Room
  • Eat-In Kitchen
  • High Ceiling
  • No HOA
  • Solid Wood Cabinet

About This Home

Prime Investment Opportunity in Punta Las Marias
Imagine owning a property that not only generates income from day one but also appreciates steadily in one of San Juan’s most exclusive locations.

Located in Punta Las Marias, this home, designed by William Biscombe, features classic architecture, high ceilings, and versatile spaces ready to be customized. With RT-5 zoning, it is an ideal investment for those looking to capitalize on the demand for short-term rentals on platforms like Airbnb and VRBO.

Key Features:
Spacious and flexible layout: 5 bedrooms and 4 bathrooms, offering the option to create independent rental units or a private residence.
Prime location: Just steps from the beach and surrounded by restaurants, entertainment, and shops in Condado, Ocean Park, and Santurce.
Strong short-term rental demand: A sought-after destination for tourists and watersport enthusiasts, ensuring consistent occupancy.
Timeless construction: Original floors in traditional criolla tile, high ceilings, and Miami-style architectural design.
Expansion potential: Terrace, front patio, and the option to add a plunge pool to further enhance its value and appeal.
A rare opportunity for investors seeking a property in a high-demand area. Properties like this do not stay on the market for long. Schedule a showing today and explore the potential of this investment in Punta Las Marias.

Listing Agent

ANDREA QUIJADA AGUDO

AGUDO PROPERTIES, LLC Brokerage Phone: 787-222-1932 License #C-18788 Listed on: 06/29/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,476 Sq Ft Lot
  • North Facing Home
  • Property is zoned RT-5

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 2,299 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • L-Shaped Dining Room
  • Library
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Punta Las Marias Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2299
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2299
  • Lot Size Sq Ft: 5476
  • Directions to Property: Drive from ocean parks towards isla verde, after "ultimo trolley", a few steps after Parl Boulevard.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 507530046
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 387.12
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 787-222-1932
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, L Dining, Primary Bedroom Main Floor, Solid Wood Cabinets
  • Appliances Included: Cooktop, Dryer, Microwave, Refrigerator, Solar Hot Water, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 2388
  • Living Area Meters: 213.58
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Sidewalk
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RT-5
  • Parcel Number: 041-044-160-12
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved
  • Flood Zone Code: X
  • Lot Size Square Meters: 509

Rental Info

  • Lease Restrictions YN: 0

Map

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
07/16/2025 07/16/25 Price Changed $890,000 -3.8% $387 / Sq Ft
05/21/2025 05/21/25 Price Changed $925,000 -2.1% $402 / Sq Ft
01/03/2025 01/03/25 Price Changed $945,000 -17.6% $411 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,147,000 -11.8% $499 / Sq Ft
06/29/2024 06/29/24 For Sale $1,300,000 -- $565 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: PR9107284

Stellar MLS