To schedule a showing of 1 Placid Court UNIT #71, San Juan, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,725,000 Reduced -$200,000
1 Placid Court UNIT #71
San Juan, PR 00907
  • 8Beds
  • 7.00Total Baths
  • 0 Full, 0 HalfBaths
  • 3,467SqFt
  • 1960Year Built
  • 0.10Acres
  • MLS# PR9115709
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market10 months, 13 days
  • Area00907 - San Juan
  • CountySan Juan
  • Subdivision Condado

Overview

PRICE REDUCED! Under Appraisal Value. Secure your future in one of Puerto Rico's most desirable neighborhoods. This Condado Greece-Style Multi Unit property is a profitable blend of location, charm, and a proven return on investment. Strategically located just a short walk from the beach and surrounded by a vibrant mix of restaurants, bars, shops, and supermarkets. Its prime location, combined with a quick 10-minute drive from the airport, makes it an ideal spot for high-demand short-term rentals like Airbnb and VRBO.This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations.Unit A: 3 bedrooms, 1 bathroomUnit B: Efficiency apartmentUnit C: 3 bedrooms, 1 bathroomUnit D: 1 bedroom, 1 bathroomUnit E: 1 bedroom, 1 bathroomUnit F: 1 bedroom, 1 bathroomUnit G: Efficiency apartmentUnique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spacesa significant advantage in this bustling area.This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.



Agriculture / Farm

Association Fees / Info

Community Features:  Sidewalks

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  7.00

Building Info

Roof:  Concrete, Shingle

Buyer Compensation

Exterior Features

Patio:  Balcony

Pool Private:  No

Exterior Features:  Balcony, Lighting, Storage

Fees / Restrictions

Financial

Original Price:  $2,000,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  Yes

Car Ports:  5

Green / Env Info

Interior Features

Fireplace:  No

Levels:  Two

Spa:  No

Laundry Features:  Outside

Interior Features:  CeilingFans, LivingDiningRoom

Lot Info

Direction Remarks:  Take the first exit inside the Minillas Tunnel towards Condado. At the traffic light after the Supermax, make a left. Placid Ct #1 Street will be the third street to the right. The property is the second to the right.

Lot Size Units:  Acres

Lot Size Acres:  0.1

Lot Sqft:  4,585

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Class Type:  MultiFamily

Property Sub Type:  MultiFamily

Property Attached:  No

New Construction:  No

Construction Materials:  Concrete

Stories:  2

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  3,467

Living Area Units:  SquareFeet

Living Area Source:  Appraiser

Tax Info

Unit Info

Total Units:  7

Unit:  71

Utilities / Hvac

Heating:  None

Water Source:  Public

Sewer:  PublicSewer

Cool System:  Ductless, CeilingFans

Cooling:  No

Heating:  No

Utilities:  CableAvailable, ElectricityAvailable, ElectricityConnected, WaterAvailable, WaterConnected

Waterfront / Water

Waterfront:  No

View:  No

Directions

Take the first exit inside the Minillas Tunnel towards Condado. At the traffic light after the Supermax, make a left. Placid Ct #1 Street will be the third street to the right. The property is the second to the right.

This listing courtesy of Eternal Summer Realty 

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Price & Status History (on davidshippey.com since Wed, Aug 27th 2025)
  • Original Price: $2,000,000
  • Current Price: $1,725,000
  • Price Reduced: $275,000
Date ChangedFromTo
11/14/2025$1,925,000 $1,725,000 Reduced by $200,000
10/22/2025$2,000,000 $1,925,000 Reduced by $75,000

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If you have any questions on 1 Placid Court UNIT #71, San Juan, Florida, please call David Shippey at 863-521-4517.


MLS# PR9115709 located at 1 Placid Court UNIT #71, San Juan, Florida is brought to you by David Shippey REALTOR®

1 Placid Court UNIT #71, San Juan, Florida has 8 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 1 Placid Court UNIT #71, San Juan, Florida is PR9115709.
The price for 1 Placid Court UNIT #71, San Juan, Florida is $1,725,000.
The status of 1 Placid Court UNIT #71, San Juan, Florida is Active.
The subdivision of 1 Placid Court UNIT #71, San Juan, Florida is Condado.
The home located at 1 Placid Court UNIT #71, San Juan, Florida was built in 2026.