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Listed by Kelvin Garcia Realty
$ 1,000,000
Est. payment /mo
Active
#4 STAHL ST Aguadilla, PR 00603
7,400 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $135
MLS Listing ID 65743
Year Built 1950
Property Description
Exceptional oceanfront investment property in the heart of downtown Aguadilla, at entrance #4 of El Tamarindo Beach—the beach level literally opens steps from the sand. Commercial Tourist zoning. Three-story building with 6,686 sq ft of construction on a 230.27 sq m lot, combining residences, furnished apartments, studios, and spacious terraces with direct views of the Caribbean Sea. A rare combination on this shore: deed and properly registered (most nearby properties are unregistered and on government land), CT Commercial Tourist zoning (lodging/boutique hotel use permitted), and FEMA Zone X—outside of a special flood zone, so flood insurance is NOT required for the mortgage. Eligible for bank, third-party, or owner financing. Generate income TODAY — 5 units ready to rent: Main residence with 3 bedrooms/1.5 bathrooms, 2 balconies, and a 27' x 33' terrace with panoramic Caribbean views; 2 fully furnished apartments (1 and 2 bedrooms), ready to operate; 2 two-bedroom apartments on the beach level; and potential to reach ~10 units: 3 studios under construction (plumbing installed, private bathroom each) + 1 apartment to be finished. Apartments include equipped kitchens, inverter refrigerators, and 10 inverter air conditioners installed post-2020, with updated bedroom sets and kitchens — ready for short- or long-term rentals. Numbers that work: At $149.56 per square foot oceanfront (vs. $200-250+/sq ft for new construction) and with CRIM (property tax) of only $1,451.37 per year, the overhead cost practically disappears. Ideal for Airbnb, vacation rentals, a boutique hotel under Law 60 (Chapter 5 Visitor Economy), or continued development to maximize returns. Located in one of the fastest-growing tourist areas in the Northwest—minutes from Rafael Hernández International Airport (BQN, $343M expansion), Ramey, Crash Boat, restaurants, golf, and the area's best surf beaches. Purchase oceanfront property before the infrastructure arrives. "AS IS" sale, subject to inspection. The upper level is under renovation—upgrades negotiable with the buyer. To view the official property page, visit CasadePlayaPR.com. Presented by Kelvin García Vale, Broker · REALTOR® · Lic. C-26882..
Location
State PR
Community Building
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PMI Puerto Rico
Broker | License ID: E-283