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AMAZING 4-PLEX IN PUNTAS, RINCÓN – A PREMIER INVESTMENT OPPORTUNITY | $850,000
Marylyn Salva Agent Photo
Marylyn
Salva
C. (787) 380-3296
P. (787) 405-2673
License #: 16270
Phone Marylyn http://www.remax-zone-pr.com
RE/MAX Zone: Zona Metro & Isla Realty
Cupey Plaza Suite 3B San Juan, PR 00926

Puerto Rico

Details

%
Years (35 year max)
Years



AreaRincon
Sub AreaPuntas (Barrio)
State/ProvinceRincon
CountryPuerto Rico
Price$850,000
Property TypeHouse
Bedrooms6
Bathrooms5
Floor Space3000 Square Feet
Lot Size1900.00 m²
Year Built2016
Parking4 Spaces, Open
MLS® #58309

Prop ID:B-5513 Situated in the heart of Puntas, Rincón, this amazing property is an exceptional opportunity for investment, lifestyle, or both. This 4-Unit property with breathtaking ocean views and sustainable living features, lies in close proximity to world-famous surfing beaches, restaurants, and bars. Overlooking a lush nature reserve, this property has 1,900 meters of land, distributed over 2 deeded lots, and a bonus cabin. Currently run as an income property, it could also be an excellent opportunity for a live-in owner, who could live in one of the units and rent the other three as long-term and/or Airbnb rentals. NOTE: This property can be sold together with the adjacent property, Listing #58308. (SEE LISTING #58150, “HIDDEN PARADISE,” which combines the two properties.) HERE’S A BREAKDOWN OF THIS AMAZING 4-PLEX PROPERTY: LOT 1: THE ROXY BUILDING, with 3 levels and FOUR UNITS. Lot has 1,100 meters. TOP LEVEL (ROXY TOP APARTMENT): 1,000 sq. ft. interior. Bright and spacious 3-bedroom, 2-bathroom, with laundry facilities in the apartment. A serene, screened porch with gorgeous ocean views over the lush nature reserve. MIDDLE LEVEL (NORTH & SOUTH STUDIOS): 1000 sq. ft. interior, across 2 apartments. Two charming studio apartments, with screened, ocean-view terraces, ideal for short-term or long-term rentals. BOTTOM LEVEL (FOREST APARTMENT): 900 sq. ft. interior. Huge 1-bedroom, 1-bathroom, plus loft, with soaring 14-ft. ceilings and stunning wrap-around 8 X 8 ft. windows that blend the indoors with the outdoors. Gated yard. LOT 2: A SCENIC LOT with possibility for further development. Lot has 800 meters. Includes a quaint 16 X 12 ft, wooden cabin with an outdoor shower and ample storage space. Features a driveway and room for expansion or additional structures. KEY FEATURES OF THIS PROPERTY: Off-grid capable with a solar system, Fortress battery, backup generator, and water cisterns. Reliable internet service, with individual, hard-wired routers for each apartment. Laundry facilities onsite, for the Middle Level and the Bottom Level Apartments. The property is bordered by a tranquil nature reserve, enhancing privacy and beauty. At least 4 off-road parking spaces Strategically located within walking distance to top surfing spots, restaurants, and nightlife. This fantastic property has been functioning as a highly profitable rental for 9 years. It is a thriving, turn-key, established business, suitable for live-in owners or off-site investors. Whether you’re seeking a personal retreat, an eco-friendly lifestyle, or a lucrative business venture, this property delivers unparalleled value in one of Puerto Rico’s most sought-after destinations. Don’t miss this hidden gem. Coordinates:18.363970, -67.2532653..


Listed by Tropical Coast Properties


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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Marylyn C. Salva Biography

Broker/Owner (2008) and attorney at law-notary public (1994). 

I have over 25 years in the real estate practice, initially as an attorney, dealing with estates, contracts, commercial, residential, and foreclosure related affairs. Her law practice led me to become a Real Estate Broker, which become my passion since 2008.

My Broker career started just at the beginning of Puerto Rico economic recession. From a resale market to a foreclosure and underwater market. We adapted and strive! Today I handle as an exclusive broker, foreclosure properties, short sales and became a BPO/CMA expert.

In 2016, became part of the Re/Max family, under the franchisee name Re/Max Zone, established at the Capital City, San Juan. Indeed, everything I was looking for. A respectable company, centered in helping Sellers, Buyers and Agents reached their goals.

On 2017, Hurricane Maria hit the Island, but only showed how strong we were, striving amidst the chaos, we stood up to the challenge, lending a helping hand and becoming part of the movement “Puerto Rico se LEVANTA!” (Puerto RIco RISES).

We are stronger than ever and keep growing, proving our ability to evolve, adapt and survive. Serving all Puerto Rico, determined to fulfill our Mission to serve you!

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