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SAN JUAN, PR 00907 1 PLACID COURT #71

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Presented By: ETERNAL SUMMER REALTY with 787-478-7456. - 787-478-7456
  • MLS# PR9115709
  • 08/27/2025
  • Request Tour
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  • Beds • 8
  • Baths • 7
  • SQFT • 3,467

Home Details

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO. This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations. Unit A: 3 bedrooms, 1 bathroom Unit B: Efficiency apartment Unit C: 3 bedrooms, 1 bathroom Unit D: 1 bedroom, 1 bathroom Unit E: 1 bedroom, 1 bathroom Unit F: 1 bedroom, 1 bathroom Unit G: Efficiency apartment Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area. This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.
Presented By: ETERNAL SUMMER REALTY with 787-478-7456. - 787-478-7456

Interior Features for 1 PLACID COURT #71

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourceappraiser
Air Conditioning Y/NYes
Fireplace Y/NNo
Furnished Y/Nfurnished
Heating Y/NNo
Interior Amenitiesceiling fan(s), living room/dining room combo
Laundry Featuresoutside

General for 1 PLACID COURT #71

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Spaces5
Carport Y/NYes
Citysan juan
Construction Materialsconcrete
Coolingmini-split unit(s)
Countysan juan
Directionstake the first exit inside the minillas tunnel towards condado. at the traffic light after the supermax, make a left. placid ct #1 street will be the third street to the right. the property is the sec
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingnone
Land Lease Y/NNo
Levelstwo
Living Area Unitssquare feet
Lot Size Square Feet4585
Lot Size Unitssquare feet
MLS Area00907 - san juan
ModificationTimestamp2025-10-22t12:20:03.197z
New ConstructionNo
Number Of Units Total7
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofconcrete, shingle
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namecondado
Unit Number71
Utilitiescable available, electricity available, electricity connected, water available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1960
Zoningresi

Exterior for 1 PLACID COURT #71

Covered Spaces5
Exterior Amenitiesbalcony, lighting, sidewalk, storage
Foundation Detailsslab
Lot Size Acres0.1
Lot Size Area4585
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $1,925,000
MLS#PR9115709
List Date 08/27/2025
Property Type Income
Phone 407.574.0218
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