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Renovated 10-Unit Apartment Building
For Sale
$2,700,000

OCEAN PARK, San Juan, PR 00907

Residential Income, SAN JUAN, PRI

Property Size6,000 SF
Lot Size0.17 Acres
Price / SF$450
Days on Market23

Property Features for OCEAN PARK

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning RT-3
Bedrooms 10
Bathrooms 11
Full bathrooms 11
Rooms Bedroom 3, Bathroom 7, Bathroom 8, Bedroom 10, Bathroom 6, Bedroom 8, Bedroom 1, Bathroom 10, Bedroom 9, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 2, Bathroom 9, Bathroom 5, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 11
Interior features Ceiling Fans(s)
Exterior features Balcony, Courtyard, Dog Run, Garden, Storage
Subdivision SAN JUAN
Directions Luis Munoz Marin International Airport Av. Aeropuerto, Carolina, PR 00979 Head east on Av. Aeropuerto. 14 sec (100 meters) Take Marginal Aeropuerto toward Av. Aeropuerto/Teodoro Moscoso Bridge. 2 min (950 meters) Merge onto Roman Baldorioty de Castro Expressway/PR-26. 2 min (1.2 km) Continue on Roman Baldorioty de Castro Expressway/PR-26 toward Santurce, San Juan. 3 min (3.3 km) Turn right onto C. Calma/Cll. Ismael Rivera.
Standard status Active
APN 041-042-616-05
Size 6,000 SF
Lot size 0.17 Acres

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

full backup power generator
water cistern
on-site parking
private covered parking/carport

Building Details

Year built 1975
Building materials Block, Concrete
Roof type Concrete
Additional Structures Kennel/Dog Run, Storage
Listing Agency: REALITY REALTY
Listed By: Milton Serrano Lebron
Added: Aug 17 Changed: Sep 6 Last Checked: Sep 8 at 12:06PM
MLS# PR9123488

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10-unit apartment property in Ocean Park comprises approximately 6,000 square feet and was built in 1975. The apartments have been modernized, with recently updated furnishings supporting an established combination of short-term and long-term rentals. The property includes balconies, a courtyard, garden areas, storage, a dog run, and on-site parking with a private covered carport. A full backup power generator and water cistern add functional infrastructure, while public water and public sewer serve the property.

The 0.1686-acre site is positioned in Ocean Park, San Juan, near the beach, parks, restaurants, cafés, hotels, entertainment, and nightlife. The property is also within the broader San Juan metropolitan area, with access toward Condado, Isla Verde, and Santurce. RT-3 zoning applies to the property.

Key Highlights

  • 10 modernized apartment units in Ocean Park
  • Approximately 6,000 square feet on a 0.1686‑acre site
  • Established short‑term and long‑term rental operation

Property Analytics

Current Use

Short term rental ...

Lease Details

10
Residential units

Location Intelligence

Demographics for 00907, PR

16,864
Population
12,722
Households
1.3
Avg Household Size
50
Median Age
61%
College-Educated
92%
High-School Grad
2.0 sq mi
ZIP Area
8,432
Density / Sq Mi
$42,116
Median Household Income
$30,551
Median Earnings
$1,020
Median Rent
$323,600
Median Home Value

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Modernized apartments support an established mix of short-term and long-term rental operations.
Where is this apartment building located?
The property is located at OCEAN PARK San Juan, PR.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 10 modernized apartment units in Ocean Park; Approximately 6,000 square feet on a 0.1686‑acre site; Established short‑term and long‑term rental operation
More about this property
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