Active

2008 MCLEARY

SAN JUAN PR, 00911

$2,275,000


$548.19 per sqft

Active

4,150 sqft

Multi-family

Built in 1950

Discover a unique investment opportunity in the highly sought-after Ocean Park neighborhood! This charming guesthouse is situated on vibrant McLeary Avenue, just a 5-minute walk from Ocean Park Beach. Positioned on a corner lot, the property consists of six independent apartments, with interiors that have been meticulously curated. Ample outdoor spaces and intimate patios, surrounded by tropical vegetation, provide a relaxing and inviting atmosphere for guests to enjoy.

The first level of the property includes three unique apartments. The largest offers three bedrooms, two bathrooms, a private deck, and street access. The adjacent two-bedroom, one-bathroom unit connects to it via an adjoining door, allowing both to be rented together to accommodate larger groups. Additionally, a two-story casita, accessible from the central patio, features one bedroom, one bathroom, and a private balcony. On the second level, a foyer leads to three more units, all equipped with in-unit laundry. One corner unit has two bedrooms, two bathrooms, and a spacious living area. The adjacent unit features two bedrooms, one bathroom, and a small foyer suitable as an office. The remaining corner unit is a cozy one-bedroom, one-bathroom with views of the garden below.

The property features thoughtfully designed auxiliary spaces, including storage for linens and towels, a dedicated laundry area, and an alcove for tools, maintenance equipment and cleaning supplies. Furthermore, the property has been reinforced with storm-proof windows throughout, state-of-the art flood barriers and sizeable water cisterns, providing additional security and peace of mind against natural disasters.

Ocean Park is a dynamic neighborhood known for its spectacular beaches, diverse culinary scene, and community feel. Residents and visitors benefit from its proximity to the airport, nearby attractions and city life, while enjoying a serene, coastal living environment. Surrounded by stunning residences and charming guesthouses, this multiunit property is the perfect site for a short-term rental venture. Its commercial-tourism (CT-1) zoning allows low-impact commercial and hospitality ventures, such as guesthouses and boutique hotels. Trendy coffee shops, classic bakeries and eclectic restaurants are all within a short distance of the property. Ocean Park beach, beloved by locals and visitors alike, is widely considered the best beach in San Juan. Consistent winds and a wide, sandy coastline provide the perfect conditions for activities like kitesurfing, windsurfing, beach tennis and beach volleyball.

Whether you're looking to expand your portfolio with a profitable short-term rental or operate a charming guesthouse, this property's prime location and versatility present countless possibilities, making it a sound investment for any business venture you have in mind. Don't miss out on this rare chance to own a unique property in the heart of Ocean Park!

PR9110010

MLS ID

November 12, 2024

Listed

December 2, 2024

Updated

Map

2008 MCLEARY
SAN JUAN PR, 00911

Interior Features

Total Stories

2


Interior Features

Other


Laundry Description

Laundry Room


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Mini-Split Unit(s)


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Balcony, Courtyard, Garden, Outdoor Shower, Rain Barrel/Cistern(s)


Lot Features

Corner Lot, Flood Zone


Roof

Concrete


Sewer

Public Sewer

Other Property Details

Area Name

00911 - San Juan


Taxes

$1,575


Tax Frequency

Annually


Days on Market

20


Association Fee Frequency

Monthly


Garage

No


Parking

Tandem


View

No


County

San Juan


Water Source

Public


Pool

No


Zoning

CT-1

Listed by BOURET REAL ESTATE
Listing Contact: 787-642-9293 

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Data last updated 12/2/2024, 7:28 PM UTC

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