To schedule a showing of 259 & 261 Calle de San Sebastian, San Juan, Florida, Call David Shippey at 863-521-4517 TODAY!

$5,000,000 Reduced -$500,000
259 & 261 Calle de San Sebastian
San Juan, PR 00901
  • 12Beds
  • 10.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • 1921Year Built
  • 0.12Acres
  • MLS# PR9119978
  • Income
  • Duplex
  • Active

  • Approx Time on Market3 months, 23 days
  • Area00901 - San Juan
  • CountySan Juan
  • Subdivision San Juan Antiguo

Overview

Income-producing multifamily property located in Old San Juan on Calle San Sebastin. This 10-unit building offers a combination of historic character, income potential, and a central location within one of Puerto Ricos most visited areas.The property includes a mix of 4 loft-style units typical of Old San Juan, 2 two-bedroom/one-bath units, and 6 studio units, providing flexibility for various rental strategies.Property features Atlantic Ocean views, partial views of El Morro, and visibility of cruise ships entering San Juan Bay.The property has been approved by the Institute of Culture for a property tax exemption currently in place. It has also been inspected by the Puerto Rico Tourism Company and meets requirements for tourism-related incentives. Buyers are advised to independently verify all incentives, benefits, and transferability.Located near restaurants, attractions, and cultural sites. Suitable for investors interested in income generation, short-term rental operations, or alternative use concepts consistent with local regulations.Multi-unit properties in Old San Juan are limited in availability.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  10.00

Building Info

Window Features:  DoublePaneWindows

Roof:  Concrete

Buyer Compensation

Exterior Features

Patio:  Deck, Patio, Balcony

Exterior Features:  Balcony, Courtyard, FrenchPatioDoors, Garden, SprinklerIrrigation, OutdoorKitchen, OutdoorShower, PrivateEntrance, Storage

Fees / Restrictions

Financial

Gross Income:  400,000

Original Price:  $5,500,000

Garage / Parking

Parking Features:  OnStreet

Green / Env Info

Interior Features

Floors:  Granite, Marble, Other

Levels:  MultiSplit

Spa:  Yes

Laundry Features:  CommonArea, WasherHookup, ElectricDryerHookup, Inside, LaundryCloset, InKitchen, Other, UpperLevel

Interior Features:  CeilingFans, HighCeilings, SmartHome, SolidSurfaceCounters, Sauna, VaultedCeilings, WalkInClosets, SeparateFormalDiningRoom, SeparateFormalLivingRoom, Loft

Appliances:  BuiltInOven, ConvectionOven, Cooktop, Dryer, Dishwasher, ExhaustFan, ElectricWaterHeater, Freezer, IceMaker, Microwave, Range, Refrigerator, RangeHood, SolarHotWater, WaterSoftener, WaterPurifier, Washer

Spa Features:  AboveGround, Sauna

Lot Info

Direction Remarks:  From Luis Muoz Marn International Airport, take PR-26 toward San Juan. Follow signs to Old San Juan and cross into the historic district. Enter through Calle San Justo, continue to Calle San Sebastin, and proceed to the property location.Street parking is available nearby, with public parking garages close by.

Number of Lots:  2

Lot Size Units:  Acres

Lot Size Acres:  0.12

Lot Sqft:  5,285

Lot Desc:  HistoricDistrict

Misc

Other

Other Structures:  OutdoorKitchen

Equipment:  ReverseOsmosisSystem

Special Conditions:  None

Security Features:  FireAlarm, SmokeDetectors, FireHydrants

Other Rooms Info

Basement:  Finished,Other,BathStubbed

Property Info

Class Type:  Duplex

Property Sub Type:  Duplex

Property Condition:  NewConstruction

Property Attached:  Yes

Construction Materials:  Brick, Block, Concrete

Foundation:  Basement, Block, BrickMortar

Human Modified:  Yes

Sqft Info

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Legal Description:  URBANA: Solar radicado en la Ciudad de San Juan, Puerto Rico, situado en la Calle San Sebastin, con estructura existente y colindancias segn Registro de la Propiedad. Incluye dos propiedades identificadas como Property A y Property B.

Unit Info

Total Units:  10

Utilities / Hvac

Heating:  Other

Water Source:  Public, MultipleMeters

Sewer:  PrivateSewer

Cool System:  Ductless, CeilingFans

Utilities:  ElectricityAvailable, ElectricityConnected, HighSpeedInternetAvailable, WaterAvailable, WaterConnected

Waterfront / Water

View:  Yes

Water Body Name:  ATLANTIC OCEAN

View:  Bay, City, Garden, Ocean, Water

Directions

From Luis Muoz Marn International Airport, take PR-26 toward San Juan. Follow signs to Old San Juan and cross into the historic district. Enter through Calle San Justo, continue to Calle San Sebastin, and proceed to the property location.Street parking is available nearby, with public parking garages close by.

This listing courtesy of Samantha Telvi Carlo 

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Price & Status History (on davidshippey.com since Thu, Mar 19th 2026)
  • Original Price: $5,500,000
  • Current Price: $5,000,000
  • Price Reduced: $500,000
Date ChangedFromTo
04/21/2026$5,500,000 $5,000,000 Reduced by $500,000

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If you have any questions on 259 & 261 Calle de San Sebastian, San Juan, Florida, please call David Shippey at 863-521-4517.


MLS# PR9119978 located at 259 & 261 Calle de San Sebastian, San Juan, Florida is brought to you by David Shippey REALTOR®

259 & 261 Calle de San Sebastian, San Juan, Florida has 12 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 259 & 261 Calle de San Sebastian, San Juan, Florida is PR9119978.
The price for 259 & 261 Calle de San Sebastian, San Juan, Florida is $5,000,000.
The status of 259 & 261 Calle de San Sebastian, San Juan, Florida is Active.
The subdivision of 259 & 261 Calle de San Sebastian, San Juan, Florida is San Juan Antiguo.
The home located at 259 & 261 Calle de San Sebastian, San Juan, Florida was built in 2026.