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  • $275,000

    124 Condado #101, San Juan, PR 00907

    3beds
    965sqft
    Condominium
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $285/sqft
    $180/mo HOA

    What's special

    A Rare Investment Opportunity in Condado – The Perfect Property for Airbnb! This is your chance to secure an exceptional property in one of San Juan’s most desirable locations. This turn-key, move-in-ready Airbnb property offers unbeatable value, incredible income potential, and a prime location. This is a value proposition. If you’re looking for perfection, this is not for you. However, if you have the vision and understand the short-term rental business, this is precisely what you’ve been searching for. We are looking for cash buyers only or taking advantage of owner financing with just 20% down. With only 20% down and owner financing for the balance, this is an excellent opportunity to close fast. This could be a cash cow with 15+ Cap with a few improvements. Strategically located at the corner of 124 Condado Street and Ribot Street, San Juan, PR 00907, this property offers an unbeatable location in one of San Juan’s most vibrant neighborhoods. Unmatched Location This property is five blocks from Ashford Avenue, Condado Beach, luxury hotels, and casinos. It’s the ideal location for attracting tourists and business travelers looking for convenience and proximity to San Juan’s best attractions. Outstanding Features - Spacious design: 965 square feet of comfortable living space, perfect for families or groups - Fully air-conditioned: Inverter AC units in every room and the living area - Included appliances: Refrigerator, stove, microwave, washer, and dryer - Optional furniture package: King and queen beds, dining table, sectional sofa, and more - Private parking: One assigned space for added convenience The HOA is also committed to significant improvements, including exterior repairs and a fresh coat of paint. These upgrades will enhance the property’s value and curb appeal, making it an even wiser investment. Why This Property Stands Out - Prime location: Minutes from Walmart, restaurants, banks, and the lively Miramar neighborhood - Ready to earn: Fully equipped and prepared to generate rental income immediately - Booming area: Rapid gentrification and a growing Airbnb market ensure high demand Key Details - Asking price: $275,000 (not subject to appraisal) - Serious buyers must provide proof of funds for 20% Act Fast – Opportunities Like This Are Rare Don’t miss this chance to own an income-generating property in one of Puerto Rico’s fastest-growing rental markets. Whether you’re a seasoned investor or just starting in short-term rentals, this property is the ideal choice for generating income and building your portfolio. Contact us today to schedule a showing-"Property with a prime location, exceptional income potential, and outstanding value."

    Zillow last checked: 7 hours ago

    Listing updated: March 23, 2025 at 05:21am

    Listing Provided by:

    Victor Alonso Vega 787-525-4364,

    PR SHORT CORPORATE INTERNATIONAL REALTY 787-525-4364

    Bought with:

    Victor Alonso Vega, C-15629

    PR SHORT CORPORATE INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: PR9107282MLS LogoOriginating MLS: Puerto Rico

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    Primary bathroom
    • Level: First
    Bathroom 2
    • Level: First
    Balcony porch lanai
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • None
    Cooling
    • Ductless
    Appliances
    • Included: Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
    • Flooring: Ceramic Tile
    • Windows: Blinds, Drapes, Window Treatments
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 965
    • Total interior livable area: 965 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Body of water: CONDADO BEACH
    Details
    • Parcel number: 04004906915001
    • Zoning: RESI
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Concrete
    Condition
    • Completed
    • New construction: No
    • Year built: 1960
    Details
    • Builder name: CONDOMINIO SAN GABRIEL

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected

    Community & neighborhood

    Community
    • Community features: Association Recreation - Lease
    Location
    • Region: San Juan
    • Subdivision: CONDADO

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $180 monthly
    • Services included: Maintenance Structure, Manager, Sewer
    • Association name: MAYRA I. BEZARES
    • Association phone: 787-747-7333
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 24000

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,Owner May Carry
    • Ownership: Condominium
    • Road surface type: Asphalt
    Services availability
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