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3 Malaga Street Unit OCEAN PARK

San Juan, PR 00911

6 beds
4 baths
3,800 sqft
6,759 sqft lot
$394 per sqft
1960 build
– on site

Elegant Investment Opportunity – Ocean Park Beachside Residence Offered at: $1,500,000 (No Owner Financing Available) Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan’s most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities. Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income. This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value. Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan’s most coveted beach neighborhood. Highlights: Prime location in Ocean Park’s gated beach community 6BR/3.5BA main residence + 2BR/1BA guesthouse Fully furnished and move-in ready Expansion potential to a second level Safe, quiet, walkable neighborhood near the beach Ideal for upscale living or high-performing rental No owner financing available Qualified buyers only. Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings. Motivated seller – Best Value Proposition in Ocean Park. Add a touch of sophistication, and this could be a true gem.

Listing courtesy of STELLAR_MLS / PUERTO RICO CORPORATE RENTALS

Last checked: Checking… • Last updated Apr 12, 2025 •

MLS# PR9100377 —

The Building

Year Built:

1960
New Construction:

false
Architectural Style:

Cape Cod
Construction Materials:

Cement Siding
Building Elevator:

false
Levels:

One
Roof:

Concrete
Foundation Details:

Concrete Perimeter
Patio And Porch Features:

Covered
Unit Number:

OCEAN PARK
Building Area Total:

3800
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Furnished
Flooring:

Ceramic Tile
Additional Rooms:

Florida Room
Fireplace:

false

Room Dimensions

Living Area:

3800
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

Inside gated Ocean Park. Calle Malaga #3 San Juan, PR 00911
Latitude:

18.45354
Longitude:

-66.051329
Coordinates:

-66.051329, 18.45354

The Property

Parcel Number:

04104215205001
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Features:

CoastalConstruction Control Line
Lot Size Acres:

0.15
Lot Size Area:

6759
Lot Size SqFt:

6759
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RT-4
Direction Faces:

Northeast
View:

Water
View:

true
Exterior Features:

Balcony
Fencing:

Fenced
Vegetation:

Mature Landscaping
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Dead-End
Flood Zone Code:

7200
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

URBANA: Solar en la Secci6n Norte del Barrio de Santurce, San Juan, Puerto Rico, en la manzana "P" de las terrenos urbanizados par Ocean Park Development Corporation, tiene un area superficial de SEISCIENTOS VEINTIOCHO METROS CUADRADOS (628.00 m2) y colinda par el Norte, en VEINTIOCHO PUNTO TREINT A METROS (28.30 m) con el Solar numero CUATRO (4) de la manzana "P"; par el Sur, en TREINTA Y CUATRO PUNTO CINCUENTA METROS (34.50 m) con las solares numero UNO (1) y DOS (2) de la manzana "P"; par el Este, en VEINTIUNO PUNTO VEINTE METROS (21.20 m) con las solares SIETE (7) y OCHO (8) de la manzana "P" y par el Oeste, que es su frente con el Paseo de Las Gaviotas hoy Calle Malaga. Enclava una casa.
Tax Annual Amount:

2064

Beds

Bedrooms Total:

6

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/PR9100377
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop

The Community

Subdivision Name:

OCEAN PARK GATED COMMUNITY
Waterview:

Gulf/Ocean - Partial
Waterview:

true
Water Access:

false
Waterfront:

false
Spa:

true
Spa Features:

Above Ground
Pool Private:

true
Pool Dimensions:

17X6
Pool Features:

Above Ground
Pets Allowed:

Cats OK
Pet Restrictions:

Pets are allowed without restrictions
Association:

true
Association Fee:

140
Association Fee Frequency:

Monthly
Association Fee Requirement:

Required
Association Fee 2:

120
Association Fee 2 Frequency:

Monthly
Monthly HOA Amount:

140
Ownership:

Fee Simple
Association Approval Required:

false
Additional Water Information:

The house is 50 feet walking from the ocean.

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

1
Carport:

true
Carport Spaces:

2
Covered Spaces:

3
Parking Features:

Converted Garage

Extra Units

Other Structures:

Additional Single Family Home

Monthly cost estimate

Asking price

$1,500,000

Expense	Monthly cost
Mortgage	$8,032
Taxes	$172
Insurance	$412
HOA fees	$140
Utilities	N/A
Total	$8,756/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/11/25 Apr 11, 2025	Price Changed	STELLAR_MLS	$1,500,000	3.4%
4/11/25 Apr 11, 2025	Price Changed	STELLAR_MLS	$1,450,000	-13.4%
11/23/24 Nov 23, 2024	Price Changed	STELLAR_MLS	$1,675,000	-1.5%

House For Sale

$1,500,000

HOA

$140/mo.

Cost Est.

$8,756/mo.

Listing provided by broker:

VICTOR ALONSO VEGA

PUERTO RICO CORPORATE RENTALS

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This house located in Santurce, San Juan, PR 00911 is currently for sale for $1,500,000. 3 Malaga Street Unit OCEAN PARK is a 3,800 square foot house with 6 beds and 4 baths that has been on Estately for 697 days. 3 Malaga Street Unit OCEAN PARK is in the Santurce neighborhood of San Juan and has a WalkScore® of 67, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and PUERTO RICO CORPORATE RENTALS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.