Waterfront
Address
1 San Geronimo STREET #122-123, SAN JUAN, PR
Price
$ 1,150,000
Property Attributes
  • MLS#PR9105573
  • TypeCondos
  • CountySAN JUAN
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodCondado Lagoon Villas
  • Zip00901
  • StyleContemporary
  • Price$ 1,150,000
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1074
Data Source:
Stellar MLS
Property Description

PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.

Price History
4/5/2024 Listed $1,150,000

General Features

Interior Features Other
Sewer Public Sewer
Heating None
Cooling Mini-Split Unit(s)
Utilities Cable Connected,Electricity Connected,Fiber Optics,Water Connected
Roof Concrete
Appliances Cooktop,Dryer,Microwave,Refrigerator,Tankless Water Heater,Washer
Exterior Features Garden,Storage
Zoning CT
Garage Spaces 1
Association Fee Includes Community Pool,Electricity,Maintenance Structure,Maintenance Grounds,Security,Water
Patio/Porch Features Patio
Architectural Style Contemporary
Construction Materials Concrete
Pets Allowed Yes
Year Built 2005
View Water
Levels One
Unit Number 122-123
Property SubType Condominium
Percent Ownership Condominium
Waterfront Features Waterfront,Gulf/Ocean
Community Features Water Access,Waterfront,Fitness Center,Park,Pool,Restaurant
County San Juan
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Attached Garage No
Subdivision Name CONDADO LAGOON VILLAS
Facing Direction Northeast
Garage Y/N Yes
Other Structures Storage
Total Rooms 7
Status Active
Directions Drive west on PR-26,cross the bridge onto the Old San Juan Islet and keep right. Take the entrance to Paseo Caribe and park in the Paseo Caribe Parking Garage. Walk to the lobby at Condado Lagoon Vil
City SAN JUAN
Buyer Agent Compensation 2.5
Body of Water Atlantic Ocean-Condado Lagoon
MLS Area 00901 - San Juan
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name San Geronimo
Public Remarks PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a two-door condo
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9105573
Days on Market 36
Standard Status Active
Water View Gulf/Ocean - Full
Water Access Type Beach,Gulf/Ocean
Minimum Lease No Minimum
Water Access Y/N Yes
Monthly Condo Fee Amount 1225
Additional Rooms Storage Rooms
Water View Y/N Yes

Interior Features

Flooring Ceramic Tile
Furnished Y/N Turnkey
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Full Baths 2
Street Suffix STREET
Laundry Features Laundry Closet
Total Bedrooms 1
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Lot Features Historic District,Near Marina,Street Dead-End
Water Source Public
Foundation Details Slab
Building Area Total 1074
Road Surface Type Brick
Covered Spaces 1
Road Frontage Type Street Dead-End

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 00901

Price
AVG $2M
$1.15M
Visits
AVG 620
151
Data Provided by Inside Real Estate®
Year Built
AVG 1981
2005

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