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119 SANTA CECILIA

SAN JUAN 00911

MLS#: PR9121619

$2,199,000

Status: Active
Listing number: PR9121619
Listing provided by: BLUE WATERS REALTY
Listing agent phone: None
Last update: 26 days ago
On site: a month ago
Browse Properties
SANTURCE NORTE - Residential

Property

Beds

13

Full Baths

8

1/2 Baths

None

Year Built

2016

Sq.Footage

3,553

Income-producing 8-unit multifamily property in a prime location just steps from Calle Loíza. With no HOA fees and no short-term rental restrictions, this is an exceptional investment opportunity in one of San Juan’s strongest and most sought-after rental markets. The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, offering 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, a water cistern, portable backup generator, and comes fully furnished and equipped for immediate operation. Currently operated as a mix of short-term and long-term rentals, with five units active on STR platforms and three units leased long term. The property achieved approximately 85% occupancy and generated $363,500 in gross income during 2025, demonstrating a strong track record and attractive cap rate. Based on current performance trends, 2026 is expected to outperform 2025. Additionally, there is significant upside potential, as converting the remaining long-term rental units to short-term rentals could further increase revenue and overall returns. Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shopping, and major attractions. Separate parking lot available. Showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    13

  • Bathrooms

    8

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Lot Size(square feet)

    2756.0

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $2,199,000

  • Sq. Footage

    3, 553

  • Price/SqFt

    $618

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Foundation Details

    Other

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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Listing Courtesy of Adriana Portilla Anasagasti , BLUE WATERS REALTY

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(561) 609-2391

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Income-producing 8-unit multifamily property in a prime location just steps from Calle Loíza. With no HOA fees and no short-term rental restrictions, this is an exceptional investment opportunity in one of San Juan’s strongest and most sought-after rental markets. The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, offering 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, a water cistern, portable backup generator, and comes fully furnished and equipped for immediate operation. Currently operated as a mix of short-term and long-term rentals, with five units active on STR platforms and three units leased long term. The property achieved approximately 85% occupancy and generated $363,500 in gross income during 2025, demonstrating a strong track record and attractive cap rate. Based on current performance trends, 2026 is expected to outperform 2025. Additionally, there is significant upside potential, as converting the remaining long-term rental units to short-term rentals could further increase revenue and overall returns. Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shopping, and major attractions. Separate parking lot available. Showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.

119 SANTA CECILIA

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