Multiroom Retail
5890 Condominio Tropicana, Carolina, PR 00979
For Sale
New
$450,000
Commercial Sale, Carolina, PRI
Property Size1,700 SF
Lot Size0.04 Acres
Price / SF$264.71
Days on Market1
Property Features for 5890 Condominio Tropicana
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
View
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
HOA Fee
Utilities
Water front features
Listing Agency:
Urn. Monte Verde
(787) 951-4387
Listed By:
Wandymarie Irizarry
(787) 242-2639
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# PR454854
Copyright © 2026 Amplia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,700-square-foot commercial suite combines two connected spaces in Condominio Tropicana, Carolina, Puerto Rico. Its layout includes five rooms, a reception area, two waiting rooms, two bathrooms and a kitchen, along with one parking space. The property is designated for commercial use.
Beach access is listed as a property feature.
Beach access is listed as a property feature.
Key Highlights
- Two connected commercial spaces totaling 1,700 square feet
- Five rooms, a reception area and two waiting rooms
- Two bathrooms and one kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,731
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,620
$294.6K
Cap Rate 7%
$210,443
$210.4K
Cap Rate 9%
$163,678
$163.7K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$23.5K $13.80/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$21.0K $12.38/SF
− OpEx
−$6.3K −$3.71/SF
NOI
$14.7K $8.67/SF
Area
Carolina, PR
Vacancy
10.30%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,620
Cap Rate 7%
$210,443
Cap Rate 9%
$163,678
Alternative Uses
Best Use
Retail
$210.4K
$184.1K – $245.5K
NOI $14,731 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.8K
$308.7K – $411.6K
NOI $24,697 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00979, PR
14,929
Population
12,140
Households
1.2
Avg Household Size
50
Median Age
50%
College-Educated
91%
High-School Grad
3.9 sq mi
ZIP Area
3,828
Density / Sq Mi
$35,521
Median Household Income
$26,627
Median Earnings
$990
Median Rent
$189,100
Median Home Value
Market
Vacancy Rate% for Retail in the U.S.
Frequently Asked Questions
What type of property is this?
Retail space - Interior includes work rooms, a reception area, waiting spaces, a kitchen and restrooms.
Where is this retail space located?
The property is located at 5890 Condominio Tropicana Carolina, PR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two connected commercial spaces totaling 1,700 square feet; Five rooms, a reception area and two waiting rooms; Two bathrooms and one kitchen
