1 San Geronimo Street Unit 122-123
San Juan, PR 00901
- 1 bed
- 2 baths
- 1,074 sqft
- $977 per sqft
- 2005 build
- – on site
PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Last checked:
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Last updated Jun 29, 2024
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MLS# PR9105573 —
The Building
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Year Built:2005
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New Construction:false
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Architectural Style:Contemporary
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Construction Materials:Concrete
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Levels:One
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Stories Total:1
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Roof:Concrete
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Foundation Details:Slab
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Patio And Porch Features:Patio
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Floor Number:1
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Unit Number:122-123
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Building Area Total:1074
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Other
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Furnished:Turnkey
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Flooring:Ceramic Tile
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Additional Rooms:Storage Rooms
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Fireplace:false
Room Dimensions
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Living Area:1074
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Drive west on PR-26, cross the bridge onto the Old San Juan Islet and keep right. Take the entrance to Paseo Caribe and park in the Paseo Caribe Parking Garage. Walk to the lobby at Condado Lagoon Villas adjacent to the Caribe Hilton lobby entrance.
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Latitude:18.462321
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Longitude:-66.085256
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Coordinates:-66.085256, 18.462321
The Property
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Parcel Number:04001714809278
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Property Type:Residential
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Property Subtype:Condominium
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Lot Features:Historic District
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Zoning:CT
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Direction Faces:Northeast
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View:Water
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View:true
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Exterior Features:Garden
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Water Source:Public
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Road Surface Type:Brick
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Road Frontage Type:Street Dead-End
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Flood Zone Code:VE, AE
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Additional Parcels:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (787) 642-9293
- Office phone:
- (787) 642-9293
Beds
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Bedrooms Total:1
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/PR9105573
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Special Listing Conditions:None
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Buyer's Brokerage Compensation:2.5
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Mini-Split Unit(s)
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
Appliances
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Appliances:Cooktop
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Laundry Features:Laundry Closet
The Community
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Subdivision Name:CONDADO LAGOON VILLAS
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Community Features:Water Access
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Water View:Gulf/Ocean - Full
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Water View:true
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Water Access:Beach
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Water Access:true
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Water Body Name:Atlantic Ocean-Condado Lagoon
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Waterfront:true
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Waterfront Features:Waterfront
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Pool Private:false
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Pets Allowed:Yes
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Max Pet Weight:999
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Association:false
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Association Fee Includes:Community Pool
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Association Fee Requirement:None
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Condo Fees:1225
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Condo Fees Term:Monthly
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Monthly Condo Fee Amount:1225
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Ownership:Condominium
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Association Approval Required:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
Extra Units
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Other Structures:Storage
Monthly cost estimate
![1 San Geronimo Street Unit 122-123](https://images.estately.net/148_PR9105573_0_1712295086_636x435.jpg)
Asking price
$1,050,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,622
|
Taxes | N/A |
Insurance | $288 |
Utilities | N/A |
Total | $5,910/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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6/29/24
Jun 29, 2024
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Price Changed | STELLAR_MLS | $1,050,000 | -8.7% |
4/4/24
Apr 4, 2024
|
Listed / Active | STELLAR_MLS | $1,150,000 |