$1,300,000

665 MIRAMAR AVE, San Juan, PR 00907

  • 5,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1991
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

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.

Listing Status:
Active
Date Added:
June 19, 2025
Data Last Updated:
May 1, 2026 at 1:21PM
Listing Office:
ALCOVER REAL ESTATE : 787-664-1633
Listing Agent:
Claritsa Alcover : 787-664-1633
MLS ID:
PR9113553
  • General: Ceiling Fans(s)High CeilingsKitchen/Family Room ComboL DiningLiving Room/Dining Room ComboThermostatWalk-In Closet(s)
  • Laundry: Common AreaLaundry RoomOutside
  • A/C: Central AirDuctlessWall/Window Unit(s)
  • Heating: None
  • General: BalconyFenceGardenStorage
  • Other Structures: Guest HouseStorage
  • Roofing: CementMetal
  • General: ConcreteMulti/SplitConcrete Perimeter
  • Road/Access: Asphalt
  • Originating MLS: mfrmls
  • County: San Juan
  • Zoning: RESI7 9 - 0 4 0 - 0 4 7 - 0 0 8 - 0 7 - 0 0 1
  • Utilities: Electricity AvailableElectricity ConnectedFiber OpticsPublicWater - Multiple MetersWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: mfrmls
  • Ownership: Co-op

This listing courtesy of Claritsa Alcover , ALCOVER REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location