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665 MIRAMAR AVE, SAN JUAN, 00907
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$1,300,000
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Home Details for 665 MIRAMAR AVE
Price
$1,300,000
Type
Multi Family
Year Build
1991
Sq. Ft.
5000
Lot Size
0.12
County
San Juan
Garage
1
MLS®️ Listing#
PR9113553
On exitrealty.com
146 days
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.
- Utilities
- Electricity Available
- Electricity Connected
- Water Available
- Water Connected
- Cooling Information
- Central Air
- Ductless
- Wall/Window Unit(s)
- House Interior
- High Ceilings
- Walk-In Closet(s)
- Heating Information
- None
- Water Features
- Public
Listing Courtesy: ALCOVER REAL ESTATE - 787-664-1633
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-06-20 04:45:43
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