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SAN JUAN, PR 00907 124 CONDADO STREET #101

Sold: Mar 21, 2025
Presented By: PR SHORT CORPORATE INTERNATIONAL REALTY with 787-525-4364. - 787-525-4364
  • MLS# PR9107282
  • 03/23/2025
  • Request Tour
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  • Beds • 3
  • Baths • 2
  • SQFT • 965

Home Details

A Rare Investment Opportunity in Condado – The Perfect Property for Airbnb! This is your chance to secure an exceptional property in one of San Juan’s most desirable locations. This turn-key, move-in-ready Airbnb property offers unbeatable value, incredible income potential, and a prime location. This is a value proposition. If you’re looking for perfection, this is not for you. However, if you have the vision and understand the short-term rental business, this is precisely what you’ve been searching for. We are looking for cash buyers only or taking advantage of owner financing with just 20% down. With only 20% down and owner financing for the balance, this is an excellent opportunity to close fast. This could be a cash cow with 15+ Cap with a few improvements. Strategically located at the corner of 124 Condado Street and Ribot Street, San Juan, PR 00907, this property offers an unbeatable location in one of San Juan’s most vibrant neighborhoods. Unmatched Location This property is five blocks from Ashford Avenue, Condado Beach, luxury hotels, and casinos. It’s the ideal location for attracting tourists and business travelers looking for convenience and proximity to San Juan’s best attractions. Outstanding Features - Spacious design: 965 square feet of comfortable living space, perfect for families or groups - Fully air-conditioned: Inverter AC units in every room and the living area - Included appliances: Refrigerator, stove, microwave, washer, and dryer - Optional furniture package: King and queen beds, dining table, sectional sofa, and more - Private parking: One assigned space for added convenience The HOA is also committed to significant improvements, including exterior repairs and a fresh coat of paint. These upgrades will enhance the property’s value and curb appeal, making it an even wiser investment. Why This Property Stands Out - Prime location: Minutes from Walmart, restaurants, banks, and the lively Miramar neighborhood - Ready to earn: Fully equipped and prepared to generate rental income immediately - Booming area: Rapid gentrification and a growing Airbnb market ensure high demand Key Details - Asking price: $275,000 (not subject to appraisal) - Serious buyers must provide proof of funds for 20% Act Fast – Opportunities Like This Are Rare Don’t miss this chance to own an income-generating property in one of Puerto Rico’s fastest-growing rental markets. Whether you’re a seasoned investor or just starting in short-term rentals, this property is the ideal choice for generating income and building your portfolio. Contact us today to schedule a showing-"Property with a prime location, exceptional income potential, and outstanding value."
Presented By: PR SHORT CORPORATE INTERNATIONAL REALTY with 787-525-4364. - 787-525-4364

General for 124 CONDADO STREET #101

Additional Parcels Y/NNo
Appliancescooktop, electric water heater, microwave, refrigerator, washer
Assoc Fee Paid Permonthly
Association Fee Includesmaintenance structure, manager, sewer
Association Namemayra i. bezares
Body of Watercondado beach
Builder Namecondominio san gabriel
Building Area Unitssquare feet
Carport Spaces1
Carport Y/NYes
Citysan juan
Close Price275000
Community Featuresassociation recreation - lease
Construction Materialsconcrete
Coolingmini-split unit(s)
Countysan juan
Directions124 condado avenue corner of ribot street, san juan, pr 00907. calle condado #124 esquina con calle ribot san juan, pr 00907
DockY/NNo
Facing Directionsoutheast
Flood Zone Code79
Full Baths2
Garage Y/NNo
HOAYes
HOA Fee$180
HOA Monthly Maintenance
Heatingnone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionurbana: propiedad horizontal: apartamento numero 101. es un apartamento del tipo numero 2 para fines de oficina profesional, radicado en el primer piso del condominio san gabriel, en la calle condado, e
Levelsone
Listing Termscash, conventional, fha, owner may carry
Living Area Unitssquare feet
MLS Area00907 - san juan
Minimum Lease1-7 days
ModificationTimestamp2025-03-23t12:14:31.020z
Monthly HOA Amount180
New ConstructionNo
Occupancy Typetenant
Ownershipcondominium
Pets Allowedcats ok, dogs ok
Possessionclose of escrow
Property Conditioncompleted
Property Subtypecondominium
Property Typeresidential
Roofconcrete
STELLAR_InLawSuiteYNNo
Sewerpublic sewer
Standard Statusclosed
Statussold
Subdivision Namecondado
Tax Annual Amount1083
Tax Year2023
Total Rooms9
Unit Number101
Utilitiescable available, cable connected, electricity available, electricity connected, phone available, private, sewer available, sewer connected, street lights, water available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1960
Zoningresi

Interior for 124 CONDADO STREET #101

Air Conditioning Y/NYes
Common Wallscorner unit
Fireplace Y/NNo
Flooringceramic tile
Furnished Y/Nnegotiable
Half Baths
Heating Y/NNo
Interior Amenitiesceiling fan(s), living room/dining room combo, primary bedroom main floor, window treatments
Laundry Featuresinside
LivingAreaSourceowner
Total Baths2
Total Bedrooms3
Total Stories8
Window Featuresblinds, drapes

Exterior for 124 CONDADO STREET #101

Building Area Total965
Covered Spaces1
Exterior Amenitiesbalcony
Foundation Detailsslab
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Steven Silcock

Broker Owner
Price $275,000
MLS#PR9107282
List Date 03/23/2025
Property Type Condos
Phone 407.574.0218
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