$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 6 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 at 05:00AM
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

Schools Nearby

D

Dr. Francisco Hernandez y Gaetan

Calle Labra Pda 18, San Juan, PR, 00901

Grades KG-6

0.77 miles away

R

Rafael Maria de Labra

Ponce De Leon Pda #18 Santurce, San Juan, PR, 00909

Grades 7-12

0.80 miles away

R

Rafael Cordero

Calle Aurora Esq Hoare Pda 15, San Juan, PR, 00908

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.