665 MIRAMAR AVE San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Quadruplex
Status: Expired
$1,300,000
Sale
Turnkey 4-Unit Multifamily Gem in MIRAMAR: Cash Flow + NO Federal Capital Gains! Seize a rare opportunity to own 665 Miramar Avenue, a maintained 4-unit property in San Juan’s most coveted neighborhood, steps from Ocean Park Beach and Condado’s luxury corridor. This turnkey investment boasts fully renovated units (2-3 bedrooms each). Perfect for generating active income through STRs. Miramar’s Elite Positioning: •Surrounded by Cafés, galleries, and beaches just minutes away. •Tourism Epicenter: 10 mins to SJU Airport, Port of San Juan (2M+ cruise passengers/year). • Appreciation Magnet: Adjacent to Condado’s $5M+ condos – values surged STRONG INCREASE + since 2020. Wealth-Builder Essentials: - Stable NOI: at least $100K/year . - Dual-Income Strategy: Hold long-term tenants or pivot to luxury vacation rentals (peak rates: $300+/night). - Inflation Hedge: Tangible asset in a supply-constrained luxury enclave. Act Now! • Ideal for Act 60 decree holders, 1031 exchangers, or crypto investors leveraging tax efficiency.
Address: 665 MIRAMAR AVE San Juan, Puerto Rico 00907

Additional Details

Interior

Laundry
Common Area, Laundry Room, Outside
Other Interior Features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)

Exterior

Construction Materials
Concrete
Garage Space
1
Cooling
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Other Exterior Features
Balcony, Fence, Garden, Storage

General

Days on Market
327
Garage
Yes

Area and Lot

Lot Size in Acres
0.12
Living Area in SQFT
5000
Utilities
Electricity Available, Electricity Connected, Fiber Optics, Public, Water - Multiple Meters, Water Available, Water Connected

Financial

Annual Tax
$0
HOA Fees
$0

Location

From Luis Muñoz Marín Airport (SJU): Exit onto PR-26 East toward San Juan. Drive 3.5 miles, take Exit 24B to merge onto Av. Baldorioty de Castro. Turn right onto Av. Fernández Juncos, continue 1.2 miles. Turn left onto Av. Ponce de León, then right onto Av. Miramar. 665 Miramar is ~500 ft on your left (15–20 mins; landmarks: Plaza del Mercado Miramar & Museo de Arte). From Old San Juan/Port: Take PR-1 South to Exit 1 (Av. De Diego), turn left, then right onto Av. Ponce de León. Turn left onto Av. Miramar (10 mins).

Interested in this property? Get in touch

Claritsa Alcover

License: #19752
7 Palma Real
Estancias de Torrimar
Guaynabo Puerto Rico, 00969

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