Asking Price
$ 275,000Status
Active124 Condado STREET #101
SAN JUAN, PR,00907, CONDADO
Overview
3 Bedrooms
2 Bathrooms
Garage
965 sqft
Year Built: 1960
School Nearby
Description
A Rare Investment Opportunity in Condado – The Perfect Property for Airbnb! This is your chance to secure an exceptional property in one of San Juan’s most desirable locations. This turn-key, move-in-ready Airbnb property offers unbeatable value, incredible income potential, and a prime location. This is a value proposition. If you’re looking for perfection, this is not for you. However, if you have the vision and understand the short-term rental business, this is precisely what you’ve been searching for. We are looking for cash buyers only or taking advantage of owner financing with just 20% down. With only 20% down and owner financing for the balance, this is an excellent opportunity to close fast. This could be a cash cow with 15+ Cap with a few improvements. Strategically located at the corner of 124 Condado Street and Ribot Street, San Juan, PR 00907, this property offers an unbeatable location in one of San Juan’s most vibrant neighborhoods. Unmatched Location This property is five blocks from Ashford Avenue, Condado Beach, luxury hotels, and casinos. It’s the ideal location for attracting tourists and business travelers looking for convenience and proximity to San Juan’s best attractions. Outstanding Features - Spacious design: 965 square feet of comfortable living space, perfect for families or groups - Fully air-conditioned: Inverter AC units in every room and the living area - Included appliances: Refrigerator, stove, microwave, washer, and dryer - Optional furniture package: King and queen beds, dining table, sectional sofa, and more - Private parking: One assigned space for added convenience The HOA is also committed to significant improvements, including exterior repairs and a fresh coat of paint. These upgrades will enhance the property’s value and curb appeal, making it an even wiser investment. Why This Property Stands Out - Prime location: Minutes from Walmart, restaurants, banks, and the lively Miramar neighborhood - Ready to earn: Fully equipped and prepared to generate rental income immediately - Booming area: Rapid gentrification and a growing Airbnb market ensure high demand Key Details - Asking price: $275,000 (not subject to appraisal) - Serious buyers must provide proof of funds for 20% Act Fast – Opportunities Like This Are Rare Don’t miss this chance to own an income-generating property in one of Puerto Rico’s fastest-growing rental markets. Whether you’re a seasoned investor or just starting in short-term rentals, this property is the ideal choice for generating income and building your portfolio. Contact us today to schedule a showing-"Property with a prime location, exceptional income potential, and outstanding value."
Features
Status: Active
Beds: 3
Baths: 2
Square Footage: 965 Sq. Ft
HOA Fee: 180
Property Type: Condominium
MLS Number: PR9107282
Days on Market: 193
Year Built: 1960
Lot Size:
County: San Juan
Taxes: $1,083.00
Address
124 Condado STREET #101 , SAN JUAN ,PR
Listing provided by: PR SHORT CORPORATE INTERNATIONAL REALTY, 787-525-4364
Asking Price
$275,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 01/09/2025 03:05. 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.