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1818 CALLE LOIZA

Condo/Co-op For Sale
$2,700,000

BTC: 31.05775466

ETH: 860.87330814

7 days
11 bds
8 ba
13,068 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants. Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion). Key Highlights: - Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment. - Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes. - Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events. - Additional commercial space rental income on the ground floor - Potential rooftop buildout pool with city views Remaining Work: - Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing. - Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining. The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60. 1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1970
Lot:
0.30 Acres
Heating:
Electric
Price/sqft:
$207
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 11

    • Full bathrooms: 8

  • Property

    • Levels: Three Or More

    • Exterior Features: Other

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 04104123249

    • Zoning: C-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

  • Source details

    • MLS ID: PR9109921

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Concrete Perimeter

    • Laundry Features: None

    • Direction Faces: North

    • Living Area: 13068

    • Water Source: Public

    • Subdivision Name: CONDADO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO