$4,900,000

618 Ponce de Leon Ave San Juan, PR 00907

Estimated payment $32,197/month

Total Views 373,432
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 façade, 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 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
  • 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
  • Directions to Property: Take Ponce de Leon Avenue to the intersection of Miramar Avenue. The lot with its vintage building faces the intersection to the right. Or take Miramar Avenue downhill to Ponce de Leon Avenue. The lot with its vintage building faces the intersection in front of you.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 0
  • Escrow City: San Juan
  • Escrow Postal Code: 00907
  • Escrow State: PR
  • Escrow Street Name: Ponce de Leon Avenue
  • Escrow Street Number: 661
  • Floor Number: 3
  • List Office Head Office Key Nume: 696776872
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • 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
  • Street Number Modifier: 618
  • Has Basement: Exterior Entry, Full, Interior Entry
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 0.00
  • Room Count: 7

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 Extras YN: 0
  • 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, Street Lights, Water Connected
  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • 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
  • Lot Size Square Meters: 308

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished

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
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