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    Turnkey Short-Term Rental Cottages Title is generated by Realmo AI

    Km 0.8 CARR 685, Manati 00674

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    New
    For Sale
    $365,000

    Business For Sale,Mix,Residential, Mix,Residential - Manatí, PR

    Property size:
    1,000 SF
    Lot size:
    1,200.00 Acres
    Price / SF:
    $365/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 8 at 5:06 am

    Property Features for Km 0.8 CARR 685

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Others
    Standard status
    Active
    Size
    1,000 SF
    Lot size
    1,200.00 Acres

    Building Details

    Year built
    2023
    Architectural style
    Other

    We can help!

    Listing Contact
    Orbe Soto

    Listing agent Orbe Soto

    Listing office Keller Williams Grand Homes Aldebaran 612, San Juan

    Listing date Jun 3, 2026

    MLS# 65102 Listing URL

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

    HighLights

    • Built in 2023 on approx. 1,200 sq m of land, featuring two modern steel‑framed prefabricated cottages with synthetic wood materials
    • Each fully equipped unit includes 2 bedrooms, living room, kitchen, bathroom, and a private balcony
    • On‑site amenities include a sundeck‑style swimming pool, spacious terrace, outdoor kitchen with barbecue area, and open‑air dining space
    • Utilities and backup include a 600‑gallon water cistern and a 15kW automatic diesel generator for service interruption backup
    • Controlled access with independent entrances via electric gate, plus 9 parking spaces
    • Operate as a short‑term rental through Airbnb; sale includes the real estate, furniture, and appliances with possibility of transferring the existing operation

    Overview

    The property for sale is a turnkey short-term rental setup featuring two modern prefabricated cottages with steel framing and synthetic wood materials. Each fully equipped unit includes two bedrooms, a living room, kitchen, a bathroom, and a private balcony, with independent entrances secured by an electric gate. Outdoor amenities include a sundeck-style swimming pool, a spacious terrace, and an outdoor kitchen with a barbecue area plus open-air dining. Additional shared features include a shared laundry area and controlled access for privacy and security. Practical backup and utility support are included with a 600-gallon water cistern and a 15kW automatic diesel generator.

    Set on approximately 1,200 square meters of land in Manatí, the property is positioned near the northern coast tourist area, with nearby destinations and beaches referenced including Mar Chiquita, La Poza de las Mujeres, and Playa La Esperanza. The site includes nine parking spaces and provides a large rear area that may support future expansion or added amenities.

    This offering is currently operated as a short-term rental through Airbnb, and the sale is described as including the real estate, furniture, appliances, and the possibility of transferring the existing operation, supporting a smooth transition for the next owner. The layout and on-site amenities make it well-suited for an operator seeking a ready-to-run lodging environment with on-site comfort and self-contained guest spaces.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Manati
    County
    San German
    State
    Longitude
    -66.49775352
    Latitude
    18.46999028

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    FAQs

    What type of property is this?
    Short term rental property - Two modern prefabricated cottages with private balconies, pool, outdoor kitchen, and backup systems, offered turnkey with furnished operations.
    Where is this short term rental property located?
    The property is located at Km 0.8 CARR 685 Manati.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Built in 2023 on approx. 1,200 sq m of land, featuring two modern steel‑framed prefabricated cottages with synthetic wood materials; Each fully equipped unit includes 2 bedrooms, living room, kitchen, bathroom, and a private balcony; On‑site amenities include a sundeck‑style swimming pool, spacious terrace, outdoor kitchen with barbecue area, and open‑air dining space
    (787) 706-8400
    We can help!
    Listing Contact
    Orbe Soto
    Learn More
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    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.

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