259 & 261 CALLE DE SAN SEBASTIAN , San Juan, PR 00901

  • $5,500,000
259 & 261 CALLE DE SAN SEBASTIAN , San Juan, PR 00901
Active For Sale Completed
259 & 261 CALLE DE SAN SEBASTIAN , San Juan, PR 00901
259 & 261 CALLE DE SAN SEBASTIAN , San Juan, PR 00901
  • $5,500,000

Description

Income-producing multifamily property located in Old San Juan on Calle San Sebastián. This 10-unit building offers a combination of historic character, income potential, and a central location within one of Puerto Rico’s 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.

  • Address 259 & 261 CALLE DE SAN SEBASTIAN
  • City San Juan
  • State/county PR
  • Zip/Postal Code 00901
  • Country US

Details

Updated on March 27, 2026 at 10:53 am
  • Property ID: PR9119978
  • Price: $5,500,000
  • Land Area: 0.12 Acres
  • Bedrooms: 120
  • Bathrooms: 100
  • Garage Size: x x
  • Year Built: 1921
  • Property Type: Duplex, Residential Income
  • Property Status: Active, For Sale
  • MLS#: PR9119978

Additional details

  • Listing Terms: Cash,Conventional,Trade
  • Roof: Cement,Concrete
  • Utilities: BB/HS Internet Available,Electricity Available,Electricity Connected,Emergency Power,Fire Hydrant,Water - Multiple Meters,Water Available,Water Connected
  • Sewer: Private Sewer
  • Cooling: Mini-Split Unit(s)
  • Heating: Other
  • Flooring: Granite,Marble,Other
  • County: San Juan
  • Property Type: Residential Income
  • Parking: On Street

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

360° Virtual Tour

Similar Listings

Compare listings

Compare
Homar Real Estate
  • Homar Real Estate