$4,900,000

618 Ponce de Leon Ave San Juan, PR 00907

Estimated payment $30,777/month

Total Views 374,790
8 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water access To Gulf or Ocean
  • Wood Flooring
  • Balcony
  • Partial Gulf or Ocean Views
  • No HOA
  • 5 Car Attached Garage

About This Home

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 facade, 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.

Listing Agent

Ivelisse Arroyo Rodriguez

IVELISSE ARROYO REALTY Brokerage Phone: 787-406-3584 License #8706 Listed on: 07/25/2023

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1940

Lot Details

  • South Facing Home

Parking

  • 5 Car Attached Garage
  • 8 Carport Spaces

Property Views

  • Partial Bay or Harbor
  • Lagoon

Home Design

  • Condo Hotel
  • Entry on the 3rd floor
  • Block Foundation
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Cement Siding
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Living Room

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Studio bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Balcony

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Miramar Condos
  • San Juan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040-037-051-08-001

Property Details

Home Type

Condominium

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Cement Siding, Concrete
  • Fireplace: No
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 3000
  • Lot Size Sq Ft: 3310
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 278.71
  • Escrow City: San Juan
  • Escrow State: PR
  • Escrow Street Name: Ponce de Leon Avenue
  • Floor Number: 3
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Attribution Contact: 787-406-3584
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Basement, Block, Concrete Perimeter
  • Total Bedrooms: 8
  • Levels: Three Or More
  • Stories: 3
  • Has Basement: Exterior Entry, Full, Interior Entry
  • Living Area Meters: 0.00

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sidewalk
  • Roof: Concrete, Tile
  • Pool Private: No
  • Water Body Name: CONDADO LAGOON
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Gulf/Ocean,Lagoon
  • Water View: Gulf/Ocean - Partial,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: The back of the lot faces the ocean and the lagoon. The existing vintage building has spectacular views of both. A new taller construction would have even greater views.

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 8
  • Carport Y N: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Street Lights
  • Association: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: MIRAMAR

Fee Information

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

Lot Info

  • Zoning: 3(ZU-G3)
  • Parcel Number: 040-037-051-08-001
  • Additional Parcels: No
  • Flood Zone Code: 72000C

Rental Info

  • Furnished: Unfurnished

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/04/2024 01/04/24 For Sale $4,900,000 0.0% --
01/01/2024 01/01/24 Off Market $4,900,000 -- --
07/25/2023 07/25/23 For Sale $4,900,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9101207

Stellar MLS
Puerto Rico

618 Ponce de Leon Ave, PR

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Listing Agent
Ivelisse Arroyo Rodriguez
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IVELISSE ARROYO REALTY