One or more photo(s) has been virtually staged. MODERN BEACHSIDE LIVING- Nestled in the exclusive beachfront gated community of Ocean Park, this remodeled multi-unit property is fully furnished and move-in ready. The building is situated just two blocks from one of the most popular beaches in Puerto Rico, and a variety of restaurants and bars in vibrant Loiza Street, making it the perfect investment property for long or short-term rentals.
The 5,166 SF property has 4 individual units and a total of 8 bedrooms, 6.5 bathrooms, 3 kitchens and a studio converted into a gym. The first-floor unit of the main house has 4 bedrooms, 3 bathrooms, laundry room and open concept living and dining room areas with a fully equipped kitchen. The second floor of the main house has 3 bedrooms, 2 bathrooms, laundry, spacious kitchen and two outdoor terraces totaling over 600 SF, where you can unwind and relax while you enjoy the ocean breeze. The third unit is a separate guethouse 'Casita' with 1 bedroom, 1 bathroom, living room, and kitchen. The fourth unit is a studio with a half bathroom and is currently set up as a gym. The purchase includes a Kohler 22Kilo generator and a 600-gallon water tank.
The Ocean Park neighborhood offers great privacy and security, located a few minutes from some of San Juan's most iconic areas such as Condado, Santurce, Miramar and Old San Juan. Conveniently walking distance to the best entertainment, restaurants, nightlife, supermarkets, and pharmacies. It's also a quick 12-minute drive from Luis Munoz Marin International Airport and an 8-minute drive to the Isla Grande Airport. Whether you are looking to live in one of the units and rent the others or purchase as an investment property, this unique opportunity is it.