Property Attributes
- MLS#PR9105573
- TypeCondos
- CountySAN JUAN
- CitySAN JUAN
- AreaSan Juan
- NeighborhoodCondado Lagoon Villas
- Zip00901
- StyleContemporary
- Price$ 1,150,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1074
Data Source:
Stellar MLS
Property Description
PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Price History | |
---|---|
4/5/2024 | Listed $1,150,000 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | None |
Cooling | Mini-Split Unit(s) |
Utilities | Cable Connected,Electricity Connected,Fiber Optics,Water Connected |
Roof | Concrete |
Appliances | Cooktop,Dryer,Microwave,Refrigerator,Tankless Water Heater,Washer |
Exterior Features | Garden,Storage |
Zoning | CT |
Garage Spaces | 1 |
Association Fee Includes | Community Pool,Electricity,Maintenance Structure,Maintenance Grounds,Security,Water |
Patio/Porch Features | Patio |
Architectural Style | Contemporary |
Construction Materials | Concrete |
Pets Allowed | Yes |
Year Built | 2005 |
View | Water |
Levels | One |
Unit Number | 122-123 |
Property SubType | Condominium |
Percent Ownership | Condominium |
Waterfront Features | Waterfront,Gulf/Ocean |
Community Features | Water Access,Waterfront,Fitness Center,Park,Pool,Restaurant |
County | San Juan |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | Yes |
Attached Garage | No |
Subdivision Name | CONDADO LAGOON VILLAS |
Facing Direction | Northeast |
Garage Y/N | Yes |
Other Structures | Storage |
Total Rooms | 7 |
Status | Active |
Directions | Drive west on PR-26,cross the bridge onto the Old San Juan Islet and keep right. Take the entrance to Paseo Caribe and park in the Paseo Caribe Parking Garage. Walk to the lobby at Condado Lagoon Vil |
City | SAN JUAN |
Buyer Agent Compensation | 2.5 |
Body of Water | Atlantic Ocean-Condado Lagoon |
MLS Area | 00901 - San Juan |
Private Pool | No |
Waterfront Y/N | Yes |
Carport Y/N | No |
Street Name | San Geronimo |
Public Remarks | PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a two-door condo |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/PR9105573 |
Days on Market | 36 |
Standard Status | Active |
Water View | Gulf/Ocean - Full |
Water Access Type | Beach,Gulf/Ocean |
Minimum Lease | No Minimum |
Water Access Y/N | Yes |
Monthly Condo Fee Amount | 1225 |
Additional Rooms | Storage Rooms |
Water View Y/N | Yes |
Interior Features
Flooring | Ceramic Tile |
---|---|
Furnished Y/N | Turnkey |
Total Stories | 1 |
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Fireplace Y/N | No |
Full Baths | 2 |
Street Suffix | STREET |
Laundry Features | Laundry Closet |
Total Bedrooms | 1 |
LivingAreaSource | Public Records |
Total Baths | 2 |
Living Area Units | Square Feet |
Exterior Features
Lot Features | Historic District,Near Marina,Street Dead-End |
---|---|
Water Source | Public |
Foundation Details | Slab |
Building Area Total | 1074 |
Road Surface Type | Brick |
Covered Spaces | 1 |
Road Frontage Type | Street Dead-End |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool