1 PLACID COURT 71, San Juan, PR 00907

• 8 beds |
• 7 baths |
• 3,467 sqft

Property Description

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO. This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations. Unit A: 3 bedrooms, 1 bathroom Unit B: Efficiency apartment Unit C: 3 bedrooms, 1 bathroom Unit D: 1 bedroom, 1 bathroom Unit E: 1 bedroom, 1 bathroom Unit F: 1 bedroom, 1 bathroom Unit G: Efficiency apartment Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area. This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.

Listing Status:

Active

Date Added:

August 27, 2025

Data Last Updated:

May 1, 2026 at 2:23PM

Listing Office:

ETERNAL SUMMER REALTY : 787-478-7456

Listing Agent:

Laura Diaz Febres : 787-478-7456

MLS ID:

PR9115709

Interior

• General: Ceiling Fans(s)Living Room/Dining Room Combo
• Laundry: Outside
• A/C: Mini-Split Unit(s)
• Heating: None

Exterior

• General: BalconyLightingSidewalkStorage

Construction

• Roofing: ConcreteShingle
• General: ConcreteTwoSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: San Juan

Lot

• Zoning: RESI04005004507901

Utilities

• Utilities: Cable AvailableElectricity AvailableElectricity ConnectedWater AvailableWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple