Exclusive Multi-Unit Colonial Gem in Condado – Prime Investment or Dream Home Opportunity!
Located in the heart of Condado, one of Puerto Rico’s most prestigious and high-demand neighborhoods, this impressive colonial-style property offers unmatched flexibility and charm. Just steps from top attractions, renowned restaurants, and located right on the street of one of the island’s top 3 private schools, this is a unique opportunity you won’t want to miss.
Boasting approximately 3,800 sq. ft. of construction on a 4,500 sq. ft. lot, the property is thoughtfully divided into six independent living units, ideal for a variety of residential or investment strategies:
Unit A: 3 bedrooms, 1 bathroom
Unit B: 3 bedrooms, 2 bathrooms
Unit C: 1 bedroom, 1 bathroom
Unit D: 1 bedroom, 1 bathroom
Unit E: 1 bedroom, 1 bathroom
Unit F: Studio apartment
With 5 private parking spaces, 4 terraces, and multiple areas ready for future remodeling or expansion, this home blends historic character with modern updates. Recent light renovations ensure it retains its colonial elegance while being fully aligned with the needs of today’s lifestyle.
What sets this property apart? Its unmatched adaptability. Whether you’re looking to:
Create a stunning private residence,
Launch a short-term rental business (Airbnb/VRBO),
Offer long-term rental units,
Or develop a hybrid live-and-rent model,
This property fits the vision.
Opportunities like this are extremely rare in Condado. This is more than a home – it’s a strategic asset in Puerto Rico’s most exclusive urban beach district.
Schedule your private showing today. Serious buyers only – this is the one you’ve been waiting for.
For sale by owner
$2,150,000
71 Placid Ct #1, San Juan, PR 00907
10beds
3,800sqft
Est.:
MultiFamily
Built in 1960
-- sqft lot
$-- Zestimate®
$566/sqft
$-- HOA
What's special
Impressive colonial-style propertyModern updatesHistoric character
What the owner loves about this home
What truly makes this property special to me is its location and the community.
Living here means having the beach less than a 10-minute walk away, a 24-hour supermarket just 2 minutes down the street, and some of Puerto Rico’s most iconic tourist attractions within a 7-minute walk. Everything is at your fingertips — yet the neighborhood maintains a calm, welcoming feel that’s hard to find in a vibrant city like San Juan.
Even more important is the sense of community. The neighbors here truly care — they look out for one another, take pride in the area, and share a genuine commitment to maintaining the charm, safety, and integrity of this beautiful part of Condado.
This isn't just a place to live — it's a place to belong.
- 20 days
- on Zillow |
- 324 |
- 14 |
Listed by:
(787) 565-5221
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Features
- Flooring: Tile
- Basement: None
Interior area
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Wood, Cement / Concrete
- Has view: Yes
- View description: City
Lot
- Size: 4,585 Square Feet
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1960
Community & HOA
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $566/sqft
- Date on market: 5/21/2025
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