Contacts
Daniel Prieto, MAI, CCIM
Christiansen Commercial Real Estate
(787) 778-7000
Property Details
- Property Type Other
- Property Size 8,000 SF
- Units 23
- Lot Size 0.26 Acre
- Date Updated Mar 9, 2024
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Highlights
- Ask Price: $6,900,000
- Tax Credit: The sale of the property includes a tax credit valued at approximately $2,000,000.
- Coordinates: Lat: 18.45170218, Lon: -66.05412365
- Land Area: 1,065.82 Square Meters, equivalent to 11,472.39 Square Feet or 0.2634 Acres
- Tax Code #'s: 041-042-615-04 & 041-042-615-06
- Zoning: RT-3 (Intermediate-Density Residential-Tourist)
- Flood Classification: AE
- Gross Building Area: Approximately 8,000 Sq. Ft.
- No. of Stories: 2
- Construction Materials: Reinforced Concrete and Concrete Blocks
- Years Remodeled: 2022-2023
- No. of Guestrooms: 23
- Supporting Facilities: Salt water infinity swimming pool, bar/restaurant space with fully-equipped kitchen, lobby/reception area, administrative office, equipped gymnasium, laundry, green areas, and private lounging areas.
- 90% exemption from any municipal and state government taxes on personal and real property
- 90% exempt from the payment of any license fees, excise taxes, and other municipal taxes levied by any ordinance of any municipality with regard to the Tourism Activity
- 100% exempt from the payment of any municipal construction excise tax levied by any ordinance of any municipality with regard to the Tourism Activity.
- 100% exempt from the payment of taxes levied under Subtitle C of the Internal Revenue Code for a New Puerto Rico (the "2011 Code") with respect to articles that are acquired and used in the development, construction, or operation of the Tourism Activity.
- 100% exempt from the payment of sales and use taxes levied pursuant to Sections 4020.01, 4020.02, 4210.01(b) and (c), and 4210.02(b) and (c) of the 2011 Code with respect to articles that are acquired and used in the development, construction, or operation of the Tourism Activity.
Attachments
Getting around
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Walk Score ®
Location
- City San Juan, PR
- Neighborhood Ocean Park
- Zip Code 00911
Points of Interest
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Sagrado Corazón
1.14 miles
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Hato Rey
1.60 miles
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Roosevelt
2.00 miles
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Parada de Taxis - Plaza Las Américas
2.36 miles
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Domenech
2.51 miles
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Piñero
2.83 miles
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Universidad
3.24 miles
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Universidad (Museo)
3.30 miles
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Universidad (Plaza Universitaria)
3.30 miles
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Río Piedras
3.64 miles
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Puma
0.13 miles
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Gulf
0.20 miles
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Puma
0.35 miles
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Toral
0.37 miles
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Total
0.42 miles
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Shell
0.48 miles
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Gulf
0.78 miles
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Shell
0.91 miles
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Gulf
0.96 miles
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Total
0.97 miles
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USPS Parking
0.09 miles
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Tres Palmas Puerto Rico
0.14 miles
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Estacionamiento Casa Fideicomiso Benitez-Alegria
0.37 miles
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Apartment Parking
0.41 miles
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At Wind Chimes Car Parking
0.41 miles
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Parking Iglesia San Jorge
0.50 miles
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Estacionamiento Universidad de Sagrado Corazón
0.64 miles
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Valera
0.65 miles
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Apartamentos #511
0.79 miles
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Estacionamiento del Laboratorio Clínico
0.84 miles
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Monte Caribe Guest House
0.01 miles
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Dream Inn
0.04 miles
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Dreamcatcher Inn
0.12 miles
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Numero Uno
0.20 miles
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Nomada Urban Beach Hostel
0.21 miles
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Hostería del Mar
0.21 miles
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Hosteria Del Mar
0.22 miles
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Tropica
0.25 miles
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Jorge
0.27 miles
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At Wind Chimes Inn
0.41 miles
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Chinatown and More
0.30 miles
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Plaza Loíza
0.31 miles
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Bani Liquor Store and Mini-Market
0.62 miles
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Plaza Loíza
0.64 miles
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SuperMax De Diego
0.71 miles
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Supermercado Linares Vargas
0.72 miles
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Pueblo
0.92 miles
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Coco Supermarkets
0.97 miles
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Plaza 26
1.00 miles
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Supermercados Farmcoop
1.02 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Daniel Prieto, MAI, CCIM
Christiansen Commercial Real Estate
(787) 778-7000