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Rivera Otero
Cupey Plaza Suite 3B San Juan, PR 00926
Puerto Rico
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Details
Area | Rincon |
Sub Area | Puntas (Barrio) |
State/Province | Rincon |
Country | Puerto Rico |
Price | $850,000 |
Property Type | House |
Bedrooms | 6 |
Bathrooms | 5 |
Floor Space | 3000 Square Feet |
Lot Size | 1900.00 m² |
Year Built | 2016 |
Parking | 4 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