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618 Ponce De Leon Avenue

San Juan, PR 00907

8 beds
8 baths
– sqft
3,310 sqft lot
1940 build
– on site

Amazing investment property in the heart of San Juan with remarkable ocean views. Unique investment opportunity in the trendy Miramar neighborhood overlooking the city’s beautiful saltwater lagoon and modern hotel strip. Vintage building on a long lot located well above the flood zone with million-dollar views. Its front faces the city’s main avenue, dotted with shops, hot cafes, foodie restaurants & gourmet markets. Its back slopes down to the lagoon’s park. The 3-floor vintage structure can be salvaged for a post-modern façade, partially or completely replaced to accommodate a new boutique hotel or sexy apartment building. Envision an award-winning, tall glass tower surrounded by blues. Enjoy an ultra-modern cool space and take a romantic stroll by nearby Spanish villas and tropical gardens. Design & develop it as a commercial or residential property, or both! Minutes from Condado beach, colonial Old San Juan, marinas & airports. In the most exclusive, tree-lined neighborhood of Downtown San Juan. Call or email us for a showing next time you are in Puerto Rico.

Listing courtesy of STELLAR_MLS / IVELISSE ARROYO REALTY

Last checked: Checking… • Last updated Oct 20, 2024 •

MLS# PR9101207 —

The Building

Year Built:

1940
New Construction:

false
Construction Materials:

Block
Building Elevator:

false
Levels:

Three Or More
Stories Total:

3
Roof:

Concrete
Basement:

Exterior Entry
Foundation Details:

Basement
Floor Number:

3
Building Area Total:

3000
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Interior Features:

Ninguno
Furnished:

Unfurnished
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

Take Ponce de Leon Avenue to the intersection of Miramar Avenue. The lot with its vintage building faces the intersection to the right. Or take Miramar Avenue downhill to Ponce de Leon Avenue. The lot with its vintage building faces the intersection in front of you.
Latitude:

18.456848
Longitude:

-66.085158
Coordinates:

-66.085158, 18.456848

The Property

Parcel Number:

04003705108001
Property Type:

Residential
Property Subtype:

Condo - Hotel
Lot Size Acres:

0.07
Lot Size Area:

3310
Lot Size SqFt:

3310
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

3(ZU-G3)
Direction Faces:

South
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

72000C
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Legal Description:

Lot with frontage on Ponce de Leon Avenue, located in Santurce North, in the city of San Juan. With an irregular polygon form having 5 sides. The right side faces the southeast and the left side faces north.

Beds

Bedrooms Total:

8

Baths

Total Baths:

6.5
Total Baths:

8
Full Baths:

5
Half Baths:

3

The Listing

Virtual Tour URL Branded:
Virtual Tour URL Branded 2:

https://www.youtube.com/watch?v=r1bbX-zvMUo
Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

None

The Community

Subdivision Name:

MIRAMAR
Community Features:

None
Water View:

Gulf/Ocean - Partial
Water View:

true
Water Access:

Gulf/Ocean
Water Access:

true
Water Body Name:

Condado Lagoon
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Additional Water Information:

The back of the lot faces the ocean and the lagoon. The existing vintage building has spectacular views of both. A new taller construction would have even greater views.

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

5
Carport:

true
Carport Spaces:

8
Covered Spaces:

13

Monthly cost estimate

Asking price

$4,900,000

Expense	Monthly cost
Mortgage	$26,238
Taxes	N/A
Insurance	$1,347
Utilities	N/A
Total	$27,585/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/25/23 Jul 25, 2023	Listed / Active	STELLAR_MLS	$4,900,000

Condo For Sale

$4,900,000

Cost Est.

$27,585/mo.

Listing provided by broker:

Ivelisse Arroyo Rodriguez

IVELISSE ARROYO REALTY

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This condo located in Santurce, San Juan, PR 00907 is currently for sale for $4,900,000. 618 Ponce De Leon Avenue is a – square foot condo with 8 beds and 8 baths that has been on Estately for 487 days. 618 Ponce De Leon Avenue is in the Santurce neighborhood of San Juan and has a WalkScore® of 76, making it very walkable.

Listing Courtesy of: STELLAR_MLS and IVELISSE ARROYO REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

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.