Ocean Park OCEAN PARK
San Juan, PR, 00907 $ 2,700,000
Bedrooms10 Baths11.0 Sq 6,000 Monthly Estimate*
$ 17,048
for $2,700,000 with 10 bedrooms and 11 full baths. This 6,000 square foot home was built in 1975.
TURNKEY 10-UNIT INVESTMENT PROPERTY | OCEAN PARK, SAN JUAN Exceptional opportunity to acquire a fully renovated 10-unit multifamily investment property in Ocean Park, one of San Juan’s most desirable coastal neighborhoods and a highly sought-after location for both short- and long-term rentals. SELLER FINANCING AVAILABLE — A RARE OPPORTUNITY This property offers the advantage of seller financing, creating a unique entry point for qualified buyers seeking flexible acquisition terms. This structure can significantly enhance accessibility and investment leverage, making this an even more compelling opportunity in today’s market. Specific terms and conditions of the seller financing will be discussed directly with the listing agent. Ideally positioned near the beach, parks, restaurants, cafés, hotels, entertainment venues and San Juan’s vibrant nightlife, the property offers guests and residents convenient access to many of the experiences that make the Ocean Park area an attractive place to live, vacation and invest. Its strategic location also provides easy connectivity to Condado, Isla Verde, Santurce and the greater San Juan metropolitan area. The property consists of 10 completely modernized apartments and is currently operating with a combination of short-term and long-term rentals, providing flexibility to diversify income and adapt the rental strategy according to market demand. The apartments have been extensively updated, and the furnishings have also been recently renovated, allowing the property to continue operating as a turnkey hospitality and rental investment. Additional features include: * 10 modernized apartment units * Established short-term and long-term rental operation * Recently renovated furnishings * Full backup power generator * Water cistern * On-site parking * Private covered parking/carport * Strong historical rental performance * Established operating history * Excellent location near Ocean Park Beach * Proximity to restaurants, hotels, parks, entertainment and nightlife * Potential to increase occupancy, average length of stay and overall rental revenue With an established production history and existing rental operation, the property provides an investor with the opportunity to acquire an income-producing asset while still offering additional upside through revenue management, increased occupancy and longer guest stays. Ocean Park continues to stand out as one of San Juan’s most appealing neighborhoods because of its combination of urban lifestyle and beach accessibility. Residents and visitors can enjoy the Caribbean coastline while remaining minutes from some of the metropolitan area’s most active dining, hospitality and entertainment districts. This is an excellent opportunity for an investor seeking a turnkey multifamily property with diversified rental income, established performance, seller financing flexibility, and additional growth potential in one of San Juan’s premier coastal locations. Investment Property | 10 Units | Ocean Park | San Juan, Puerto Rico
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s)
Utilities Electricity Available Electricity Connected Emergency Power Fiber Optics Sewer Available Sewer Connected
Roof Concrete
Zoning RT-3
Garage Spaces 3
Construction Materials Block Concrete
Year Built 1975
Property Subtype Quadruplex
Ownership Fee Simple
County San Juan
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name SAN JUAN
Garage Y/N true
Status Active
Directions Luis Muñoz Marín International Airport Av. Aeropuerto Carolina PR 00979 Head east on Av. Aeropuerto. 14 sec (100 meters) Take Marginal Aeropuerto toward Av. Aeropuerto/Teodoro Moscoso Bridge. 2 min (950 meters) Merge onto Román Baldorioty de Castro Expressway/PR-26. 2 min (1.2 km) Continue on Román Baldorioty de Castro Expressway/PR-26 toward Santurce San Juan. 3 min (3.3 km) Turn right onto C. Calma/Cll. Ismael Rivera.
City SAN JUAN
MLS Area 00907 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 7343
Carport Spaces 7
Carport Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9123488
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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InteriorInterior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 10
Total Baths 11
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ExteriorExterior Amenities Balcony Courtyard Dog Run Garden Storage
Water Source Public
Lot Size Area 7343
Foundation Details Concrete Perimeter
Number of Buildings 2
Lot Size Acres 0
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 10
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* Excluded FeaturesList Byserranomil@realityrealtypr.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,048
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Juan, PR
Average List Price $1,782,772
Percent of Sale Price 34%
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/18/2026 | $2,700,000 | | Listed Price |