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$275,000

124 CONDADO STREET 101
SAN JUAN, 00907

Condominium|Sold 03/21/2025
3
Beds
2
Full Baths
0
Partial Baths
965
SqFt
$285
/SqFt
1960
Built
Subdivision:
CONDADO
County:
San Juan
Call Now: 407.513.4257
Is this the home for you? We can help make it yours.
407.513.4257
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A Rare Investment Opportunity in Condado – The Perfect Property for Airbnb! This is your chance to secure an exceptional property in one of San Juan’s most desirable locations. This turn-key, move-in-ready Airbnb property offers unbeatable value, incredible income potential, and a prime location. This is a value proposition. If you’re looking for perfection, this is not for you. However, if you have the vision and understand the short-term rental business, this is precisely what you’ve been searching for. We are looking for cash buyers only or taking advantage of owner financing with just 20% down. With only 20% down and owner financing for the balance, this is an excellent opportunity to close fast. This could be a cash cow with 15+ Cap with a few improvements. Strategically located at the corner of 124 Condado Street and Ribot Street, San Juan, PR 00907, this property offers an unbeatable location in one of San Juan’s most vibrant neighborhoods. Unmatched Location This property is five blocks from Ashford Avenue, Condado Beach, luxury hotels, and casinos. It’s the ideal location for attracting tourists and business travelers looking for convenience and proximity to San Juan’s best attractions. Outstanding Features - Spacious design: 965 square feet of comfortable living space, perfect for families or groups - Fully air-conditioned: Inverter AC units in every room and the living area - Included appliances: Refrigerator, stove, microwave, washer, and dryer - Optional furniture package: King and queen beds, dining table, sectional sofa, and more - Private parking: One assigned space for added convenience The HOA is also committed to significant improvements, including exterior repairs and a fresh coat of paint. These upgrades will enhance the property’s value and curb appeal, making it an even wiser investment. Why This Property Stands Out - Prime location: Minutes from Walmart, restaurants, banks, and the lively Miramar neighborhood - Ready to earn: Fully equipped and prepared to generate rental income immediately - Booming area: Rapid gentrification and a growing Airbnb market ensure high demand Key Details - Asking price: $275,000 (not subject to appraisal) - Serious buyers must provide proof of funds for 20% Act Fast – Opportunities Like This Are Rare Don’t miss this chance to own an income-generating property in one of Puerto Rico’s fastest-growing rental markets. Whether you’re a seasoned investor or just starting in short-term rentals, this property is the ideal choice for generating income and building your portfolio. Contact us today to schedule a showing-"Property with a prime location, exceptional income potential, and outstanding value."

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Listing Snapshot
Bedrooms 
3
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Inside Area (SqFt) 
965 sqft
Lot Size 
N/A
Year Built 
1960
MLS® Number 
PR9107282
Status 
Sold
Property Tax 
$1,083
HOA/Condo/Coop Fees 
$180 monthly
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
General Features
Carport 
1
Direction Faces 
Southeast
Disclosures 
Lead Paint
Foundation 
Slab
Number Of Stories 
8
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
965
Stories 
One
Utilities 
Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source 
Public
Zoning 
RESI
Interior Features
Appliances 
CooktopElectric Water HeaterMicrowaveRefrigeratorWasher
Flooring 
Ceramic Tile
Furnished 
Negotiable
Interior 
Elevator
Laundry Features 
Inside
Window Features 
BlindsDrapes
Balcony/Porch/Lanai 
Level - First
Bathroom 2 
Level - First
Bedroom 2 
Level - First
Bedroom 3 
Level - First
Dining Room 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Master Bathroom 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
Concrete
Exterior 
Balcony
Roof 
Concrete
Waterfront Features 
CONDADO BEACH
Windows/Doors 
BlindsDrapes
Community Features
Association Dues 
180
Financing Terms Available 
CashConventionalFHA
HOA Fee Frequency 
Monthly
MLS Area 
00907 - San Juan
Roads 
Asphalt
Listing courtesy of PR SHORT CORPORATE INTERNATIONAL REALTY 7875254364



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-04-27 01:51 AM EDT

Neighborhood & Commute
Source: Walkscore
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