$3,495,000

8 CALLE TAPIA, San Juan, PR 00911

  • 11 beds |
  • 12 baths |
  • 5,078 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $688/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Exceptional investment opportunity in San Juan, located on Calle Tapia just steps from the beach in the highly desirable Ocean Park and Condado corridor. This fully remodeled 9-unit multifamily property offers a versatile mix consisting of one three-bedroom residence, seven one-bedroom units, and one studio, all thoughtfully updated with contemporary and durable finishes ideal for high-occupancy rentals. The structure has been comprehensively modernized and features a full-power diesel generator, water cistern, and five on-site parking spaces with additional street parking available, a valuable amenity in this gated beachside community. Its privileged location provides immediate access to Ocean Park’s walkable residential charm, boutique cafés, and popular kitesurfing beach while being moments from Condado’s hotels, restaurants, designer shopping, and wellness centers. The property is only a short distance from the newly renovated Parque Barbosa, a state-of-the-art recreational hub with running tracks, fitness areas, sports courts, shaded seating, and family-friendly green spaces, further strengthening rental appeal for both short-term and long-term residents seeking an active coastal lifestyle. Adding to its value, the property qualifies for Puerto Rico’s Tourism Tax Credit Program. Substantial tax credits on purchase price, capital improvements, and many other elegible operational and improvement expenses, making it a rare investment with accelerated returns and long-term appreciation potential. HOA is $130 monthly and CRIM is $4,600 annually.

Listing Status:
Active
Date Added:
November 20, 2025 at 06:00AM
Listing Office:
ARK REAL ESTATE : 787-382-3720
Listing Agent:
Jaime Domenech : 787-646-8326
MLS ID:
PR9117465
  • General: Accessibility FeaturesBuilt-in FeaturesHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsWindow Treatments
  • Appliances: Built-In OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanFreezerGas Water HeaterIndoor GrillMicrowaveRangeRange HoodRefrigerator
  • Laundry: Common AreaLaundry Room
  • Flooring: Ceramic Tile
  • A/C: Mini-Split Unit(s)Wall/Window Unit(s)
  • Heating: Ductless
  • General: Awning(s)BalconyLightingOutdoor ShowerPrivate MailboxSidewalk
  • Roofing: Concrete
  • General: ConcreteTwoConcrete Perimeter
  • Road/Access: Asphalt
  • HOA Amenities: 130.0Monthly
  • Originating MLS: Stellar MLS
  • County: San Juan
  • Zoning: RT-3041-042-145-07-001
  • Utilities: BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedFiber OpticsPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jaime Domenech, ARK REAL ESTATE

Monthly Payment

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

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Location

Schools Nearby

L

Luis Rodriguez Cabrero

Calle Corona Res Luis Llorens Torres, San Juan, PR, 00921

Grades KG-5

0.38 miles away

R

Republica del Peru

Calle Loiza Final, San Juan, PR, 00914

Grades 6-10

0.30 miles away

R

Ramon Power y Giralt

Calle Loiza Final, San Juan, PR, 00914

Grades 9-12

0.28 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.