Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1991
Sq.Footage
5,000
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.
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Walk-In Closet(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ductless, Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Concrete
-
Other Exterior Features
Balcony, Garden, Storage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,300,000
-
Sq. Footage
5, 000
-
Price/SqFt
$260
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Ownership
Co-op
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
San Juan
Elementary School
Middle School
High School
Listing Courtesy of Claritsa Alcover , ALCOVER REAL ESTATE
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