1818 CALLE LOIZA SAN JUAN PR 00911 MLS #PR9110071 | Gary Kusher | Florida Real Estate

1818 CALLE LOIZA
SAN JUAN, PR, 00911
$2,700,000
Beds
0 Baths
13,068 SqFt
0.3 Acres
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Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants.

Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion).

Key Highlights:
– Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment.
– Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes.
– Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events.
– Additional commercial space rental income on the ground floor
– Potential rooftop buildout pool with city views

Remaining Work:
– Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing.
– Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining.

The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60.

1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.

Property Details

Price:
$2,700,000
MLS #:
PR9110071
Status:
Active
Beds:
0
Baths:
0
Address:
1818 CALLE LOIZA
Type:
Multi Family
Subdivision:
CONDADO
Neighborhood:
00911 – San Juan
City:
SAN JUAN
Listed Date:
Nov 14, 2024
State:
PR
Finished Sq Ft:
13,068
ZIP:
00911
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1970
Units:
11
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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1818 CALLE LOIZA
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