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Multifamily Oceanfront Property Generates Income, Owner Financing | $1,000,000 | MLS# 66727
Jennifer Lopez Agent Photo
Jennifer
Lopez
P. (787) 245-3722
License #: 17044
Phone Jennifer http://www.realestaterinconpr.com
Tropical Coast Properties
Carr 115 Km 8.7 Bo Calvache Rincón, PR 00677

Puerto Rico
MLS# 66727

Details

%
Years (35 year max)
Years



AreaAguadilla
Sub AreaTamarindo (Barrio)
Postal Code00603
State/ProvinceAguadilla
CountryPuerto Rico
Price$1,000,000
Property TypeHouse
Bedrooms11
Bathrooms7
Floor Space7400 Square Feet
Lot Size230.00 m²
Year Built1960
ParkingN/A
Parking Spaces0
MLS® #66727

Exceptional beachfront investment property located in downtown Aguadilla, next to Entrance #4 of El Tamarindo Beach. The beach level is literally steps from the sand, offering a rare combination of location, space, and income-generating potential. The three-story building has approximately 7,400 sq ft of construction on a 230.27 sq m lot and is recently painted and partially furnished. It currently features six income-ready apartments/units, several air conditioners installed, and areas with direct views of the Caribbean Sea. The property has a clear title and is registered with the Property Registry. According to available information, it is located in a Tourist Commercial (CT) zone, which may allow for various tourist and commercial uses, subject to permits, current regulations, and approval from the relevant agencies. Currently, the property offers multiple residential and rental spaces, including units with kitchens, bedrooms, bathrooms, and separate living areas. In addition, the property includes spaces under construction/remodeling, including studios with some infrastructure already completed and another unit nearing completion. This allows for continued development of the property and increased operational capacity, subject to permits and buyer approval. The property is being sold partially furnished and includes refrigerators, kitchen appliances, select furniture, and several air conditioners. Recent improvements include painting and maintenance and upgrades in various areas. One of its main attractions is its location. It is situated across from El Tamarindo Beach, near Paseo Real Marina, kiosks, restaurants, and waterfront recreational activities. It also offers easy access to downtown Aguadilla, PR-2, Crash Boat, Aguadilla Mall, Ramey, golf courses, and Rafael Hernández International Airport (BQN). The area is known for its tourism, beaches, water sports, and proximity to services. The property is located in FEMA Zone X, outside the Special Flood Hazard Area (SFHA). Any insurance requirements will depend on the financial institution and the specific terms of the financing. Due to its configuration, location, and number of units, this property can be considered for short-term rental strategies, traditional rentals, lodging, or other tourism-related concepts, always subject to applicable permits, permitted uses, regulations, and licenses. Key features: Approximately 7,400 sq ft of construction; 230.27 sq m lot; 6 income-generating units; Additional spaces under development; Facing El Tamarindo Beach; 3-story building; Partially furnished; Multiple air conditioners; Freshly painted; Direct views of the Caribbean Sea; Title deed and registration; FEMA Zone X; Commercial Tourism zoning, based on available information..


Listed by Kelvin Garcia Realty


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