Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    End Of Road CAM PLAYA TAMARINDO Culebra 00775

    View on Map
    Claim this Listing
    New
    For Sale
    $5,800,000

    Triplex - CULEBRA, PR

    Type:Triplex
    Property size:
    2,880 SF
    Lot size:
    24.00 Acres
    Price / SF:
    $2,013/SF
    Added:
    May 4, 2026
    Days on Market:
    3
    Last Refresh:
    May 6 at 1:06 am

    Property Features for End Of Road CAM PLAYA TAMARINDO

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    RO-5C
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Driveway, Guest, Off Street
    Pets allowed
    Yes
    Interior features
    Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor
    Exterior features
    Rolling Slope, Sloped, Paved, Unpaved, Awning(s), Balcony, Private Entrance, Private Yard
    Appliances
    Cooktop, Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    472-000-010-18-000
    Size
    2,880 SF
    Lot size
    24.00 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    3800

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)
    Water front features
    Beach Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1989
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Concrete, Frame, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael McCarty

    Listing agent Michael McCarty License #11386

    Listing office MICHAEL MCCARTY 5870 Tartak St Box 24103, Carolina

    Listing date May 4, 2026

    MLS# PR9121095 Listing URL

    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.

    Overview

    Culebra Triplex Near Tamarindo Beach

    This 24-acre property, located in Culebra, Puerto Rico, features two buildings, each containing three apartments, for a total of six units. Situated along Tamarindo Beach, the property offers direct beach access and borders the Luis Pena natural preserve, providing a secluded environment. The apartments are configured as one-bedroom, one-bath units, making them suitable as rental units. The property's elevation ranges from 0 to 350 feet, offering multiple building locations for constructing additional buildings or a vacation home. The location provides views of the Luis Pena Reserve, the Island of Luis Pena, the straights of Vieques, the Island of Vieques, the Atlantic Ocean, and the main Island of Puerto Rico. This property is zoned RO-5C and could be utilized as a resort or expanded into a Caribbean property along the beach.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Culebra
    County
    Culebra
    State
    Longitude
    -65.3114
    Latitude
    18.3053

    Nearby Similar for Sale

    • $3,500,000
      2,050 SF

      Culebra Mixed-Use Turnkey Business

      Iconic restaurant with apartment in central Culebra location.
      23 PEDRO MARQUEZ STREET, CULEBRA, 00775
      View Details
    • $2,200,000
      6,825 SF

      Culebra Apartment Complex Investment Opportunity

      Eleven-unit commercial apartment complex in tourist area for sale.
      0 CALLE # 2, Culebra, 00775
      View Details
    • $2,435,000
      4,300 SF

      Culebra Multi-Family Investment Opportunity

      Five-unit property with excellent rental history and panoramic island views.
      5r MOUNT RESACA BARRIO FLAMENCO, CULEBRA, 00775
      View Details
    • $670,000
      2,000 SF

      Culebra Quadruplex Investment Opportunity

      Four-unit property in central Culebra, near beaches and town amenities.
      132 COMMUNITY CLARK, CULEBRA, 00775
      View Details

    FAQs

    What type of property is this?
    Triplex - 24-acre property with six apartments and beach access.
    Where is this triplex located?
    The property is located at End Of Road CAM PLAYA TAMARINDO Culebra.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: Beachfront property with DIRECT ACCESS TO TAMARINDO BEACH.; 24‑acre estate bordering the Luis Pena natural preserve, offering SECLUSION and NATURAL BEAUTY.; Six 1‑bedroom, 1‑bath apartments ideal for rental income.
    (787) 398-3174
    We can help!
    Listing Contact
    Michael McCarty
    Real Estate License ID: 11386
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    End Of Road CAM PLAYA TAMARINDO, CULEBRA, 00775
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!