60 ISMAEL RIVERA ST #1-3 San Juan, PR 00911
8 Beds
5 Baths
2,666 SqFt
UPDATED:
02/04/2025 10:02 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,666 sqft
Price per Sqft $373
Subdivision San Juan-Ocean Park
MLS Listing ID PR9097979
Bedrooms 8
Full Baths 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Annual Tax Amount $1,858
Lot Size 0.930 Acres
Acres 0.93
Property Description
Address Calle Ismael Rivera 60, between Calle Loíza and McLeary Avenue, San Juan, PR 00911
Price $995,000 Recently appraised at $1,040,000
This is a rare opportunity to own a property in Ocean Park professionally appraised at $1,040,000 and now available for $995,000 – well below market value.
This property is being sold independently of its Airbnb potential, making it an attractive investment for homeowners, second-home buyers, and investors. Whether you plan to use it as a primary residence, vacation home, or long-term investment, this is an unbeatable deal in one of San Juan's most desirable neighborhoods.
Due to high rental demand, showings are limited. The next available showing is February 11, between 1 and 3 p.m.
Property Highlights
- Recently Appraised at $1,040,000 – Instant Equity for Buyers
- Three separate living spaces – Flexible layout for multi-generational living, long-term rentals, or a combination of both
- Four parking spaces – A premium feature in Ocean Park
- Solar-powered with 32 panels, two electric meters, and a Net Metering system
- Two Tesla batteries leased for uninterrupted power supply
- Spacious outdoor area with potential for a pool
- High Rental Demand – The strong demand for rentals makes showings difficult, reinforcing its value as an investment property
Property Layout
Main Building – Ground Floor Unit
- 4 bedrooms, two bathrooms
- Large living-dining area, full kitchen, and a charming porch
- AC split units in all bedrooms and living areas
Main Building – Second Floor Unit
- 3 bedrooms, two bathrooms
- Open-layout kitchen with balcony access
- Living, dining, and family room
Second Building Back of Property
- 1-bedroom, 1-bathroom unit – Ideal for guests, extended family, or additional rental income
Why This Property is a Great Buy
- Priced Below Market Value – Buy now with built-in equity
- Prime Location – Just four blocks from Ocean Park Beach, close to top restaurants, nightlife, and shopping
- Move-in Ready and Fully Renovated – No need for major upgrades
- Versatile Use – Ideal as a primary residence, second home, or long-term investment
- High Demand Rental Property – Generates consistent income with minimal vacancies
Investment Details
- New Price $995,000 Recently appraised at $1,040,000
- Serious, qualified buyers only – Proof of funds required
Due to high rental demand, showings are limited
The next available showing is February 11, between 1-3 PM
Don't Miss Out Schedule Your Private Showing Today
This is your chance to own a prime Ocean Park property at a below-market price. Given its substantial appraisal value, high rental demand, and premium location, this is a smart purchase for any buyer.
Contact us today to reserve your spot for the upcoming showing before it's gone.
Location
State PR
County San Juan
Community San Juan-Ocean Park
Zoning RT-3
Rooms
Other Rooms Garage Apartment
Interior
Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
Heating None
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile, Tile
Furnishings Negotiable
Fireplace false
Appliance Cooktop, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup
Exterior
Exterior Feature Balcony, French Doors, Garden, Hurricane Shutters, Lighting, Outdoor Grill, Private Mailbox, Sidewalk
Parking Features Alley Access, Curb Parking, Off Street, On Street
Fence Electric, Fenced, Masonry
Pool Above Ground
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Connected, Solar, Street Lights, Water Available, Water Connected
View City
Roof Type Concrete
Porch Covered, Front Porch, Rear Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description FloodZone
Story 2
Entry Level Two
Foundation Brick/Mortar, Concrete Perimeter
Lot Size Range 1/2 to less than 1
Builder Name Ocean Park
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Mediterranean
Structure Type Brick,Cement Siding,Concrete
New Construction false
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Pet Size Medium (36-60 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing, Private Financing Available
Membership Fee Required None
Listing Terms Cash, Conventional, Owner Financing, Private Financing Available
Num of Pet 10+
Special Listing Condition None
