GREAT AS INCOME PROPERTY SHORT-TERM RENTAL OR LONG-TERM RENTAL-. This unique opportunity to own your beach house in Ocean Park and acquire a proven running business. Currently set up as an investment property, it consists of 3 Mediterranean style structures built over a 378 square meters lot, 3,800 square feet approximately of construction, four parking spaces, and power backup with TESLA BATTERY AND 38 solar panels connected to a Net Metering that will reduce electricity bills considerably, outdoor entertainment area. The main building combines two independent units. Downstairs a remodeled four bedrooms, two full bathrooms with living/dining room, full kitchen, and a porch in front, AC split units in each bedroom and living room. The second-floor unit features three bedrooms, two full bathrooms, and a spacious open-layout kitchen with access to the balcony, living dining, and family room (currently under remodeling). The second building has one bedroom and one bathroom on the back of the property (currently under remodelation). This property gives owners the choice of living in a big single-family home with the flexibility to operate their business and or accommodate employees, guests, and friends in independent units while enjoying lots of privacy at the same time. The 4-bedroom unit has been fully remodeled and rented short term. We estimate this property to be able to generate a gross income of between $12,000 to $14,000 per month. This property is perfect for short-term rentals (AIRBNB) and is a great investment opportunity as this is a popular and sought-after area for tourists and relocations.
The front garage is covered and we also have the terrace on the back covered to allow guests to relax and be happy.
Location,/location, location, walking distance to everything, great community with many restaurants, cafe’s fresh food market, parks, shopping. Great nightlife activities, including cultural and music nights at La Placita or Ventana al Mar in Condado. There is an area in the back to put a small pool.
Tax incentives may apply. Price is not subject to appraisal; Please call for a private appointment.
GREAT INVESTMENT OPPORTUNITY
Listing Agent:VICTOR ALONSO VEGA
Offered By:Puerto Rico Corporate Rentals
Date Added: 1/5/23 at 6:00 am
Last Update: 2/15/24 at 2:05 pm