124 Condado Ave, Unit 101
San Juan, San Juan 00907
$275,000
Last Sold Price
3
Beds
2
Baths
965 Sq. Ft.
$285 / Sq. Ft.
965
Sq. Ft.
$285
per Sq. Ft.
Sold 3/21/25
Sold 3/21/25
Description
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...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."
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."
- Listed by Victor Alonso Vega • PR SHORT CORPORATE INTERNATIONAL REALTYP: (787)-525-4364 C: (787)-525-4364 victor2011pr@gmail.com
Property Details for 124 Condado Avenue, Unit 101
Subdivision Name
CONDADO
Carport Spaces1
WaterfrontNo
FurnishedNegotiable
Location
Listing Courtesy of PR SHORT CORPORATE INTERNATIONAL REALTY, Victor Alonso Vega
Sold By PR SHORT CORPORATE INTERNATIONAL REALTY, Victor Alonso Vega
Add your commute
LISTING UPDATED: 03/23/2025 08:21 AM
Property Details for 124 Condado Avenue, Unit 101
| Status | Sold |
|---|---|
| MLS # | PR9107282 |
| Days on Market | 232 |
| Taxes | $1,083 / year |
| HOA Fees | $2,160 / year |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Residential / Condominium |
| Year Built | 1960 |
| County | San juan County |
Building Information for 124 Condado Avenue, Unit 101
Building/Complex124 Condado AveFloor1Stories8Residences-Pet PolicyAllowedPet Policy DetailsCats OK,Dogs OKYear Built1960
Payment Calculator
$1,711 per month
30 year fixed, 6.845% Interest
Principal and Interest
$1,441
Property Taxes
$90
HOA Dues
$180
The Payment Calculator is for illustrative purposes only.
Property Information for 124 Condado Avenue, Unit 101
Summary
Location and General Information
- Building Area Source: Owner
- Building Area Total: 965.0
- Building Area Units: Square Feet
- Building Name Number: CONDOMINIO SAN GABRIEL
- Community Features: Association Recreation - Lease
- Direction Faces: Southeast
- Directions: 124 Condado Avenue corner of Ribot Street, San Juan, PR 00907. Calle Condado #124 esquina con Calle Ribot San Juan, PR 00907
- Floor Number: 2
- Mls Major Change Type: Sold
- Major Change Type: Closed
- Listing Service: Full Service
- Unit Number: No
- Street Number: 124
- Street Name: CONDADO
- Street Suffix: STREET
- Unit Number: 101
- State: PR
- City: SAN JUAN
Parking
- Carport: Yes
- Garage: No
Taxes and HOA Information
- Association Approval Required: No
- Association Fee Includes: Maintenance Structure, Manager, Sewer
- Association Fee Requirement: Required
- Association Name: MAYRA I. BEZARES
- Association Phone: 787-747-7333
- Association: Yes
- Condo Land Included: No
- Management: Part Time
- Montly Maint Amt Addition To HOA: $0
- Pet Restrictions: Pet allowed
- Tax Legal Description: URBANA: Propiedad Horizontal: Apartamento Numero 101. Es un apartamento del tipo numero 2 para fines de oficina profesional, radicado en el primer piso del Condominio San Gabriel, en la calle Condado, esquina Ribot, esquina Valencia de Santurce, seccion Norte de San Juan, Puerto Rico, consistente de un area de forma irregular, pero teniendo substancialmente una forma rectangular con un largo promedio variable de 44 pies cuadrados lineales y un ancho promedio variable de 25 pies lineales, para un area privada total de NOVECIENTOS SESENT A Y CUATRO PIES CUADRADOS (964.59 p.c.),
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/PR9107282
Property
Lot Information
- Additional Parcels: No
- Additional Water Information: Condado Beach is 5 blocks away walking distance.
- Parcel Number: 04004906915001
- Water Access: No
- Water Body Name: CONDADO BEACH
- Water Extras: No
- Zoning: RESI
- Living Area: 965
- Property Info: Corner Unit
Property and Assessments
- Year Built Numeric: 1960
- Building Elevator: Yes
- Flood Zone Code: 79
- Home Warranty: No
- New Construction: No
- Property Condition: Completed
- Dock YN: No
Utilities
- Sewer: Public Sewer
- Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Private, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Builder Name: CONDOMINIO SAN GABRIEL
- Construction Materials: Concrete
- Exterior Features: Balcony
- Foundation Details: Slab
- Levels: One
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Concrete
- Waterfront Feet Total: 0
- Number Of Stories: 8
Interior Features
- Bedrooms Total: 3
- Bathrooms Full: 2
- Appliances: Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
- Cooling: Mini-Split Unit(s)
- Fireplace: No
- Flooring: Ceramic Tile
- Heating: None
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
- Laundry Features: Inside
- Living Area Source: Owner
- Living Area Units: Square Feet
- Room Count: 9.0
- Water View: No
- Window Features: Blinds, Drapes
- Bathrooms Half: 0
Rental
Rental Information
- Currency Monthly Rent Amt: $2,000.00
- Days Notice To Tenant If Not Ren: 15 days
- Minimum Lease Period: 0
- Pets Allowed: Cats OK, Dogs OK
Property History for 124 Condado Avenue, Unit 101
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of PR SHORT CORPORATE INTERNATIONAL REALTY, Victor Alonso Vega
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/23/2025 08:21 AM
