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Listed by Espada Real Estate
$ 2,000,000
Est. payment /mo
New
681 CARRETERA 681, #475 KM 3.4, ARECIBO, 00612 #475 Arecibo, PR 00612
6,840 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $292
MLS Listing ID 67515
Year Built 1995
Property Description
ON THE ROCKS BEACH HOUSE | OCEANFRONT MIXED-USE INVESTMENT OPPORTUNITY – ARECIBO, PUERTO RICO Discover a unique oceanfront investment opportunity along the scenic coastal Route 681 in Islote, Arecibo. Situated on approximately 1,711.26 square meters of land, this versatile mixed-use property features two separate buildings, combining commercial and residential spaces with excellent income-generating potential. COMMERCIAL BUILDING: A single-story structure offering approximately 3,562 square feet, divided into two independent commercial spaces. This building provides flexibility for retail, office, hospitality-related services, or other commercial uses, subject to applicable zoning and permits. RESIDENTIAL BUILDING: A two-story structure with an estimated total area of 3,278 square feet, divided into three independent apartments currently configured for short-term rental accommodations. The first floor features two separate apartments: one offering 1 bedroom, 1 bathroom, living room, kitchen, and dining area; and a second offering 2 bedrooms, 1 bathroom, living room, kitchen, and dining area. The second floor features a spacious 3-bedroom, 2-bathroom apartment with a living room, kitchen, dining area, two balconies, and a dedicated laundry area equipped with a washer and dryer. OUTDOOR AMENITIES: The property features a saltwater swimming pool, gazebo, outdoor gathering areas, and a coastal setting overlooking the Atlantic Ocean, creating an inviting atmosphere for guests and visitors. ENERGY & INFRASTRUCTURE: Equipped with 61 solar panels, two Tesla battery storage units, associated solar system components, and two 500-gallon water cisterns providing a combined storage capacity of 1,000 gallons. A 70 kW generator is also present; however, while the unit starts, it does not currently generate electrical power and requires evaluation or repair. Conveniently located near beaches, restaurants, and attractions along Arecibo's northern coastline, this property offers a distinctive combination of commercial versatility and vacation rental accommodations. Whether seeking to expand a real estate investment portfolio, operate a hospitality venture, or explore multiple rental opportunities, On The Rocks Beach House presents an exceptional opportunity to acquire two buildings on a single oceanfront parcel. Building square footage is approximate, based on satellite measurements, and subject to verification. Property uses are subject to applicable permits and regulations..
Location
State PR
Community Hotel/Apart Hotel
Exterior
Garage Spaces 12.0
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PMI Puerto Rico
Broker License ID: E-283