Description

Exclusive income property opportunity in Santa Teresita, Ocean Park, Puerto Rico! 9-Unit Multifamily Property: 1 Studio, 6 1-Bedroom Units, 2 2-Bedroom Units. Approx. 6,000 sqft of construction area with potential for upgrade and rent increases. Located steps from the beach in a high-demand area with year-round tourist activity, driven by proximity to Condado, Isla Verde, and LMM Airport. Potential for generating income through short-term rentals (Airbnb/VRBO) or traditional leasing. Eligible for tax benefits under Act 60, offering attractive incentives for Puerto Rico residents and investors. High appreciation: similar properties have seen annual increases of +8% in recent years. Sale Price: $1,800,000 Don't miss this investment opportunity!!! Contact me to discuss the details or questions.