SAN JUAN, PR 00907 665 MIRAMAR AVE
$1,300,000
17 more
Presented By: ALCOVER REAL ESTATE with 787-664-1633. - 787-664-1633
SQFT • 5,000
Garage • 1
Home Details
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.
Presented By: ALCOVER REAL ESTATE with 787-664-1633. - 787-664-1633
Interior Features for 665 MIRAMAR AVE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceowner
Air Conditioning Y/NYes
Common Wallscorner unit
Fireplace Y/NNo
Heating Y/NNo
Interior Amenitiesceiling fan(s), high ceilings, kitchen/family room combo, l dining, living room/dining room combo, thermostat, walk-in closet(s)
Laundry Featurescommon area, laundry room, outside
General for 665 MIRAMAR AVE
Additional Parcels Y/NNo
Attached Garage No
Building Area Unitssquare feet
Carport Spaces1
Carport Y/NYes
Citysan juan
Construction Materialsconcrete
Coolingcentral air, mini-split unit(s), wall/window unit(s)
Countysan juan
Directionsfrom luis muoz marn 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. fernndez juncos, continue 1.2 miles.
Flood Zone Code720000
Garage Spaces1
Garage Y/NYes
HOANo
Heatingnone
Land Lease Y/NNo
Levelsmulti/split
Listing Termscash, conventional, other, owner may carry, private financing available
Living Area Unitssquare feet
Lot Size Square Feet5115
Lot Size Unitssquare feet
MLS Area00907 - san juan
New ConstructionNo
Number Of Units Total4
Other Structuresguest house, storage
Ownershipco-op
Property Conditionfixer
Property Subtypequadruplex
Property Typeresidential income
Roofcement, metal
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameave. miramar
Utilitieselectricity available, electricity connected, fiber optics, public, water - multiple meters, water available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1991
Zoningresi
Exterior for 665 MIRAMAR AVE
Covered Spaces2
Exterior Amenitiesbalcony, fenced, garden, storage
Foundation Detailsconcrete perimeter
Lot Featureshistoric district
Lot Size Acres0.12
Lot Size Area5115
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Water Meters4
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Vicmarie Vega Torres
Realtor