Map
Listed price in listed location currency (USD).
$2,195,000

000

MLS® PR9124980

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size 5880 sqft
Garage 
Taxes 
Days Active 2
Lot Size 0.1 Acres
Approx. Age 1965
Avg. Price Per Sqft $373
MLS® Number PR9124980

Property Address: 610 Calle Hoare, San Juan, PR, 00907-3614

Average square foot calculated using Size range provided by listing agent.

Description

Rare 8-unit historic income property in the heart of Miramar, one of San Juan's most walkable and sought-after neighborhoods, minutes from Condado, Old San Juan, and the Convention District. Currently operated as a successful short-term rental with approximately 70 average occupancy and reported 2025 gross income of $387, 523 and NOI of $205, 752 (seller-provided). The front building (approx. 5, 880 sq ft) offers five 2-bedroom units across three floors. Four units on the lower two floors have interior connecting doors, allowing flexible 2-bedroom or combined 4-bedroom layouts for groups and families. The third-floor unit features front and rear balconies, ocean and city views, laundry and storage rooms, a lounge/dining area, and a hot tub. The rear building includes two studios plus a second-floor 1-bedroom manager's unit with additional laundry. Recent improvements include new Miami louvered windows, a concrete roof sealed in September 2025, mini-split A/C units (2 to 3 years old), and electric water heaters (1 to 3 years old). The property has a 1, 000-gallon water cistern, five electric meters, three washers and three dryers, landscaped passageways with artwork and café-style seating, one gated side parking space, and a separate gated driveway for approximately five vehicles. Designated historic building, reported as property-tax exempt. Upside through occupancy, expense optimization, and digital marketing. Buyer to verify all income, expenses, square footage (rear building not measured), permits, zoning, use, and tax exemption.
MLS® NumberPR9124980
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
DrivewayGround Level, Secured
Garage Spaces
HeatNone
A/CMini-Split Unit(s)

Extras

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