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Coulter Realty Group
610 Calle Hoare, San Juan, PR 00907
- $2,195,000
- 5,880
- SqFt
- List Price
- $2,195,000
- Status
- Active
- Days on Market
- 0
- MLS#
- PR9124980
- Property Style
- Multi-Family 5+
- Year Built
- 1965
- Living Area
- 5,880
- Lot Size
- 4,253
- Acres
- 0.10
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Miramar
- Complex/Comm Name
- Miramar
- MLS Area Major
- San Juan
Property Description
Rare 8-unit historic income property in the heart of Miramar, one of San Juan's most walkable and sought-after neighborhoods, minutes from Condado, Old San Juan, and the Convention District. Currently operated as a successful short-term rental with approximately 70 average occupancy and reported 2025 gross income of $387,523 and NOI of $205,752 (seller-provided). The front building (approx. 5,880 sq ft) offers five 2-bedroom units across three floors. Four units on the lower two floors have interior connecting doors, allowing flexible 2-bedroom or combined 4-bedroom layouts for groups and families. The third-floor unit features front and rear balconies, ocean and city views, laundry and storage rooms, a lounge/dining area, and a hot tub. The rear building includes two studios plus a second-floor 1-bedroom manager's unit with additional laundry. Recent improvements include new Miami louvered windows, a concrete roof sealed in September 2025, mini-split A/C units (2 to 3 years old), and electric water heaters (1 to 3 years old). The property has a 1,000-gallon water cistern, five electric meters, three washers and three dryers, landscaped passageways with artwork and café-style seating, one gated side parking space, and a separate gated driveway for approximately five vehicles. Designated historic building, reported as property-tax exempt. Upside through occupancy, expense optimization, and digital marketing. Buyer to verify all income, expenses, square footage (rear building not measured), permits, zoning, use, and tax exemption.
Additional Information
- Annual Gross Income
- 387523
- Location
- City Limits, Near Public Transit, Sidewalk, Paved
- Community Features
- Curbs, Sidewalks, No Deed Restriction
- Property Description
- Three+ Story
- Zoning
- RESI
- Floor
- Tile
- Appliances
- Dryer, Microwave, Refrigerator, Washer
- Utilities
- Public, Water Connected
- Heating
- None
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Concrete
- Roof
- Concrete
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Ground Level, Secured
- Water Name
- Atlantic Ocean
- Water View
- Gulf/Ocean - Partial
- Flood Zone Code
- X
- Parcel ID
- 040-048-013-22-001
- Legal Description
- Lot in Barrio Santurce, San Juan, PR, 395.12 sq m. Bounded North 29.48 m by remainder of main finca; south 29.79 m by adjoining property; East 12.40 m by Calle Hoare; West 14.25 m by adjoining property. Recorded at Folio 89, Tomo 145 of Santuce Sur, Finca No. 4,600, Registro de la propiedad Seccion I de San Juan. Catastro 040-048-013-22-001
Listing courtesy of REALTY OF AMERICA LLC. 787-317-8959
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