Turnkey 4-Unit Multifamily Gem in MIRAMAR: Cash Flow + NO Federal Capital Gains! Seize a rare opportunity to own 665 Miramar Avenue, a maintained 4-unit property in San Juan’s most coveted neighborhood, steps from Ocean Park Beach and Condado’s luxury corridor. This turnkey investment boasts fully renovated units (2-3 bedrooms each). Perfect for generating active income through STRs. Miramar’s Elite Positioning: •Surrounded by Cafés, galleries, and beaches just minutes away. •Tourism Epicenter: 10 mins to SJU Airport, Port of San Juan (2M+ cruise passengers/year). • Appreciation Magnet: Adjacent to Condado’s $5M+ condos – values surged STRONG INCREASE + since 2020. Wealth-Builder Essentials: - Stable NOI: at least $100K/year . - Dual-Income Strategy: Hold long-term tenants or pivot to luxury vacation rentals (peak rates: $300+/night). - Inflation Hedge: Tangible asset in a supply-constrained luxury enclave. Act Now! • Ideal for Act 60 decree holders, 1031 exchangers, or crypto investors leveraging tax efficiency.
For sale
$1,300,000
665 Miramar, San Juan, PR 00907
0beds
0baths
5,000sqft
Est.:
Stock Cooperative, Quadruplex, Multi Family
Built in 1991
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
Fully renovated units
- 6 hours
- on Zillow |
- 46 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: 13 hours ago
Listing Provided by:
Claritsa Alcover 787-664-1633,
ALCOVER REAL ESTATE 787-664-1633
Source: Stellar MLS,MLS#: PR9113553
Originating MLS: Puerto Rico

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- None
Cooling
- Central Air, Ductless, Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room, Outside
Features
- Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total interior livable area: 5,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Carport
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: Multi/Split
- Exterior features: Balcony, Garden, Storage
- Fencing: Fenced
Lot
- Size: 5,115 Square Feet
- Features: Historic District
Details
- Additional structures: Guest House, Storage
- Parcel number: 7 9 0 4 0 0 4 7 0 0 8 0 7 0 0 1
- Zoning: RESI
- Special conditions: None
Construction
Type & style
- Home type: Cooperative
- Property subtype: Stock Cooperative, Quadruplex, Multi Family
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Cement,Metal
Condition
- Fixer
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Fiber Optics, Public, Water - Multiple Meters, Water Available, Water Connected
Community & HOA
Community
- Subdivision: AVE. MIRAMAR
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $260/sqft
- Date on market: 6/19/2025
- Listing terms: Cash,Conventional,Other,Owner May Carry,Private Financing Available
- Ownership: Co-op
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
- Loading