Property Description

Exceptional investment opportunity in San Juan, located on Calle Tapia just steps from the beach in the highly desirable Ocean Park and Condado corridor. This fully remodeled 9-unit multifamily property offers a versatile mix consisting of one three-bedroom residence, seven one-bedroom units, and one studio, all thoughtfully updated with contemporary and durable finishes ideal for high-occupancy rentals. The structure has been comprehensively modernized and features a full-power diesel generator, water cistern, and five on-site parking spaces with additional street parking available, a valuable amenity in this gated beachside community. Its privileged location provides immediate access to Ocean Park’s walkable residential charm, boutique cafés, and popular kitesurfing beach while being moments from Condado’s hotels, restaurants, designer shopping, and wellness centers. The property is only a short distance from the newly renovated Parque Barbosa, a state-of-the-art recreational hub with running tracks, fitness areas, sports courts, shaded seating, and family-friendly green spaces, further strengthening rental appeal for both short-term and long-term residents seeking an active coastal lifestyle. Adding to its value, the property qualifies for Puerto Rico’s Tourism Tax Credit Program, capital improvements, and many other elegible operational and improvement expenses, making it a rare investment with accelerated returns and long-term appreciation potential. HOA is $130 monthly and CRIM is $4,600 annually.

Features
: None
: Wall/Window Unit(s), Mini-Split Unit(s)
: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Cable Connected, Fiber Optics
: Public Sewer
: Laundry Room
: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Solid Surface Counters, Window Treatments, Kitchen/Family Room Combo
: Ceramic Tile
: Private Mailbox, Sidewalk, Balcony, Lighting, Awning(s), Outdoor Shower
1
Appliances
: Disposal, Dryer, Microwave, Range, Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Freezer, Range Hood, Gas Water Heater, Indoor Grill
Address Map
US
PR
San Juan
San Juan
00911
CALLE TAPIA
8
W67° 56' 52.4''
N18° 27' 12''
RT-3
00911 - San Juan
Exit the airport From Luis Muñoz Marín International Airport, take the ramp onto PR-26 West (Expreso Baldorioty de Castro) toward San Juan. Continue on PR-26 Drive along PR-26 for about 7–8 km. You’ll pass through Isla Verde and Condado areas, following signs toward San Juan. Take the exit toward Calle Loíza / Calle Tapia Use the right lane to exit toward Calle Loíza / Calle Tapia. Arrive at Calle Tapia Turn onto Calle Tapia and continue until you reach number 8. The property is located in the Santurce area of San Juan, close to the coast.
Additional Info
ARK REAL ESTATE
Jaime Domenech
$0
$0
Additional Information
: Public
2025-11-20
9
5
: Concrete Perimeter
: Concrete
: Street Lights
5078
1
Financial
100
Monthly
1
Listing Information
743511601
743511530
Active
2025-11-22T18:01:11Z
Stellar
: None
2025-11-20T19:08:50Z

8 Calle Tapia, San Juan, Puerto Rico 00911

Residential Income For Sale

7,435.26 Sqft
$3,495,000
Listing ID #PR9117458
Basic Details
Listing Type : For Sale
Listing ID : PR9117458
Price : $3,495,000
Square Footage : 7,435.26 Sqft
Year Built : 1970
Lot Size : 0.11 Acre
Listing Status : Active
Property Sub Type : Multi Family
Roof : Concrete
Agent info
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