About 665 Miramar Ave
Turnkey 4-Unit Multifamily Gem in MIRAMAR: Cash Flow + NO Federal Capital Gains! Seize a rare opportunity to own 665 Miramar Avenue, a maintained 4-unit property in San Juan’s most coveted neighborhood, steps from Ocean Park Beach and Condado’s luxury corridor. This turnkey investment boasts fully renovated units (2-3 bedrooms each). Perfect for generating active income through STRs. Miramar’s Elite Positioning: •Surrounded by Cafés, galleries, and beaches just minutes away. •Tourism Epicenter: 10 mins to SJU Airport, Port of San Juan (2M+ cruise passengers/year). • Appreciation Magnet: Adjacent to Condado’s $5M+ condos – values surged STRONG INCREASE + since 2020. Wealth-Builder Essentials: - Stable NOI: at least $100K/year . - Dual-Income Strategy: Hold long-term tenants or pivot to luxury vacation rentals (peak rates: $300+/night). - Inflation Hedge: Tangible asset in a supply-constrained luxury enclave. Act Now! • Ideal for Act 60 decree holders, 1031 exchangers, or crypto investors leveraging tax efficiency.
Features of 665 Miramar Ave
| MLS® # | PR9113553 |
|---|---|
| Price | $1,300,000 |
| Square Footage | 5,000 |
| Acres | 0.12 |
| Year Built | 1991 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| CDD | N |
Community Information
| Address | 665 Miramar Ave |
|---|---|
| Area | San Juan |
| Subdivision | AVE. MIRAMAR |
| City | SAN JUAN |
| County | San Juan |
| State | PR |
| Zip Code | 00907 |
Amenities
| # of Garages | 1 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s) |
|---|---|
| Heating | None |
| Cooling | Central Air, Mini-Split Unit(s), Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Fenced, Garden, Storage |
|---|---|
| Lot Description | Historic District |
| Roof | Cement, Metal |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | June 19th, 2025 |
|---|---|
| Days on Market | 106 |
| Zoning | RESI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ALCOVER REAL ESTATE |
|---|