For Sale

124 Condado Avenue San Juan, Puerto Rico 00907

$350,000
21 more
124 CONDADO AVENUE, San Juan, Puerto Rico 00907

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

3 Bedrooms
2 Bathrooms
965 Sqft
1
Property Description

Condominium San Gabriel AIRBNB. THIS IS THE BEST DEAL IN CONDADO.
124 Condado Avenue corner of Ribot Street, San Juan, PR 00907.
This apartment is located five blocks from Ashford Avenue and the beach. It is an excellent opportunity to own an AIRBNB close to the best hotels and beaches of San Juan. Several AIRBNBs are starting to pop up around this area, which are much more affordable for investors and offer much better ROI. You are five minutes walking distance to Ashford Avenue, the beach, and the hotels.
The apartment has been rented solidly since we started renting two years ago. The owners decided to sell because they have a more extensive property and have decided to sell this one. The unit can be rented for $199 to $300 per night. That’s a good deal for renters and owners, and we believe those rates will increase dramatically shortly once the building is renovated on the outside.
This apartment is a perfect investment to generate short-term rental income.
Fantastic three bedrooms, two full bathrooms, a spacious kitchen with a washer and dryer, a dining and living room area, and one assigned parking space. The apartment has 965 sqft of living space and is move-in ready, turn-key AIRBNB prepared from day one. It is located only five blocks from Condado Beach, hotels, and casinos, making this a super convenient location for business and tourist travelers.
Walmart is 5-10 minutes’ walk from the apartment near Miramar and has many restaurants and banks, making this an ideal location for short-term rentals.
Each bedroom has its own AC split unit inverter and another AC inverter in the living room. The apartment is entirely AC and move-in-ready. It could be sold with or without furniture. It has a king-size bed in the master bedroom, queen-size beds in bedroom 2, and a full-size bed in the third bedroom—a dining table with four chairs and a sectional in the living room. The kitchen has a refrigerator, stove, microwave, washer, and dryer. All appliances are included in the sale price, but furniture is not included.
Income-producing property for Airbnb rentals.
Low HOA $80 per month, Hazard $600 per year, Property Tax $800 per year, 965 sqft. Tax incentives for Act 20/22 investors may apply. The asking price is $350,000, not subject to appraisal. Prequalified buyers only with a 20% down payment plus closing costs or cash buyers with proof of funds. Great Investments

Basic Details
Active
Residential
Condominium
For Sale
PR9107282
$350,000
3
2
2
0
965 Sqft
1960
0 Sqft
$363
Features
Cats OK,Dogs OK
1
1
: Negotiable
Address Map
US
PR
San Juan
San Juan
00907
101
CONDADO
124
AVENUE
0
CONDOMINIO SAN GABRIEL
CONDADO
W67° 55' 35.9''
N18° 27' 13.3''
Additional Info
PR SHORT CORPORATE INTERNATIONAL REALTY
Victor Alonso Vega
787-525-4364
$800
$154
Monthly
Yes
1-7 Days
Courtesy of Victor Alonso Vega with PR SHORT CORPORATE INTERNATIONAL REALTY
Phone: 787-525-4364
Listing ID #PR9107282
Contact Agent

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

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