- – beds
- – baths
- 5,000 sqft
- 5,115 sqft lot
- $260 per sqft
- 1991 build
- – on site
Turnkey 4-Unit Multifamily Gem in MIRAMAR: Cash Flow + NO Federal Capital Gains! Seize a rare opportunity to own 665 Miramar Avenue, a maintained 4-unit property in San Juan’s most coveted neighborhood, steps from Ocean Park Beach and Condado’s luxury corridor. This turnkey investment boasts fully renovated units (2-3 bedrooms each). Perfect for generating active income through STRs. Miramar’s Elite Positioning: •Surrounded by Cafés, galleries, and beaches just minutes away. •Tourism Epicenter: 10 mins to SJU Airport, Port of San Juan (2M+ cruise passengers/year). • Appreciation Magnet: Adjacent to Condado’s $5M+ condos – values surged STRONG INCREASE + since 2020. Wealth-Builder Essentials: - Stable NOI: at least $100K/year . - Dual-Income Strategy: Hold long-term tenants or pivot to luxury vacation rentals (peak rates: $300+/night). - Inflation Hedge: Tangible asset in a supply-constrained luxury enclave. Act Now! • Ideal for Act 60 decree holders, 1031 exchangers, or crypto investors leveraging tax efficiency.
Last checked:
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Last updated Jun 20, 2025
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MLS# PR9113553 —
The Building
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Year Built:1991
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New Construction:false
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Construction Materials:Concrete
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Levels:Multi/Split
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Common Walls:Corner Unit
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Roof:Cement
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Foundation Details:Concrete Perimeter
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# of Buildings:2
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Fireplace:false
Room Dimensions
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Living Area:5000
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Living Area Units:Square Feet
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Living Area Source:Owner
Location
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Directions:From Luis Muñoz MarĂn Airport (SJU): Exit onto PR-26 East toward San Juan. Drive 3.5 miles, take Exit 24B to merge onto Av. Baldorioty de Castro. Turn right onto Av. Fernández Juncos, continue 1.2 miles. Turn left onto Av. Ponce de LeĂłn, then right onto Av. Miramar. 665 Miramar is ~500 ft on your left (15–20 mins; landmarks: Plaza del Mercado Miramar & Museo de Arte). From Old San Juan/Port: Take PR-1 South to Exit 1 (Av. De Diego), turn left, then right onto Av. Ponce de LeĂłn. Turn left onto Av. Miramar (10 mins).
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Latitude:18.453639
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Longitude:-66.086219
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Coordinates:-66.086219, 18.453639
The Property
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Parcel Number:7 9 0 4 0 0 4 7 0 0 8 0 7 0 0 1
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Fixer
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Lot Features:Historic District
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Lot Size Acres:0.12
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Lot Size Area:5115
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Lot Size SqFt:5115
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RESI
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View:false
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:720000
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (787) 664-1633
- Office phone:
- (787) 664-1633
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/PR9113553
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Special Listing Conditions:None
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
Appliances
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Laundry Features:Common Area
The Community
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Subdivision Name:AVE. MIRAMAR
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Co-op
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Carport:true
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Carport Spaces:1
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Covered Spaces:2
Extra Units
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Other Structures:Guest House
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/19/25
Jun 19, 2025
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Listed / Active | STELLAR_MLS | $1,300,000 |