Listing ID : PR9097979
-
Beds
8 -
Baths
5/0 -
Structure / Lot Size
2,666 Sqft / 40,510 Sqft -
Year
1970
Description
Priced Below Appraisal – Exceptional Opportunity in Ocean Park Address Calle Ismael Rivera 60, between Calle Loíza and McLeary Avenue, San Juan, PR 00911 Price $995,000 Recently appraised at $1,040,000 This is a rare opportunity to own a property in Ocean Park professionally appraised at $1,040,000 and now available for $995,000 – well below market value. This property is being sold independently of its Airbnb potential, making it an attractive investment for homeowners, second-home buyers, and investors. Whether you plan to use it as a primary residence, vacation home, or long-term investment, this is an unbeatable deal in one of San Juan’s most desirable neighborhoods. Due to high rental demand, showings are limited. The next available showing is February 11, between 1 and 3 p.m. Property Highlights - Recently Appraised at $1,040,000 – Instant Equity for Buyers - Three separate living spaces – Flexible layout for multi-generational living, long-term rentals, or a combination of both - Four parking spaces – A premium feature in Ocean Park - Solar-powered with 32 panels, two electric meters, and a Net Metering system - Two Tesla batteries leased for uninterrupted power supply - Spacious outdoor area with potential for a pool - High Rental Demand – The strong demand for rentals makes showings difficult, reinforcing its value as an investment property Property Layout Main Building – Ground Floor Unit - 4 bedrooms, two bathrooms - Large living-dining area, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit - 3 bedrooms, two bathrooms - Open-layout kitchen with balcony access - Living, dining, and family room Second Building Back of Property - 1-bedroom, 1-bathroom unit – Ideal for guests, extended family, or additional rental income Why This Property is a Great Buy - Priced Below Market Value – Buy now with built-in equity - Prime Location – Just four blocks from Ocean Park Beach, close to top restaurants, nightlife, and shopping - Move-in Ready and Fully Renovated – No need for major upgrades - Versatile Use – Ideal as a primary residence, second home, or long-term investment - High Demand Rental Property – Generates consistent income with minimal vacancies Investment Details - New Price $995,000 Recently appraised at $1,040,000 - Serious, qualified buyers only – Proof of funds required Due to high rental demand, showings are limited The next available showing is February 11, between 1-3 PM Don’t Miss Out Schedule Your Private Showing Today This is your chance to own a prime Ocean Park property at a below-market price. Given its substantial appraisal value, high rental demand, and premium location, this is a smart purchase for any buyer. Contact us today to reserve your spot for the upcoming showing before it's gone.
