$995,000 for Sale
60 ismael rivera street #1-3, san juan, FL 00911
Beds 8 | Baths 5 | 2,666 Sqft | 0.93 Acres |
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Property Description
Priced Below Appraisal – Exceptional Opportunity in Ocean Park 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 appraisal 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.
Waterfront
General Information
Sale Price: $995,000
Price/SqFt: $373
Status: Active
MLS#: PR9097979
City: san juan
Post Office: san juan
County: San Juan
Subdivision: san juan-ocean park
Acres: 0.93
Bedrooms:8
Bathrooms:5 (5 full, 0 half)
House Size: 2,666 sq.ft.
Acreage: 0.93 est.
Year Built: 1970
Property Type: Single Family Residence
Style: Contemporary, Mediterranean
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Brick, Cement Siding, Concrete
Exterior Misc: Balcony, French Doors, Garden, Hurricane Shutters, Lighting, Outdoor Grill, Private Mailbox, Sidewalk
Pool: Yes
Pool Description: Above Ground
Basement: No
Foundation : Brick/Mortar, Concrete Perimeter
Appliances: Cooktop, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
Cooling: Mini-Split Unit(s)
Heating: None
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,858
Legal Description: -----“URBANA: Porción de terreno radicada en la Sección Norte del Barrio de Santurce de esta ciudad de San Juan, Puerto Rico, compuesta de TRESCIENTOS SETENTA Y OCHO PUNTO CUARENTA Y CINCO METROS CUADRADOS (378.45 m.c.), marcado en el plano de urbanización "B" dos (B-2), hoy Calle Calma Número Sesenta (60), colindante por el NORTE, en veinticuatro punto diez metros (24.10 m.) con el solar marcado en el plano de urbanización "B" tres (B-3); por el SUR, en veintiocho punto diez metros (28.10 m.) con el solar marcado en el plano de urbanización "B" uno (B-1); por el OESTE, en trece punto noventa y ocho metros (13.98 m.) con terrenos de la Sucesión de Wenceslao Borda; y por el ESTE, en quince punto siete metros (15.7 m.) con la calle Bou.------------------------------------------------------- -----Enclava una casa de concreto de una sola planta.”----------------- ------------------------------------------------------------------------------------------

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: VICTOR ALONSO VEGA of PUERTO RICO CORPORATE RENTALS, Phone: 787-525-4364