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

  • $5,000,000
  • $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
  • $5,000,000
  • $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.

Details

Property ID
PR9119978
Bedrooms
12
Bathrooms
10
Land Area
0.12 Acres
Year Built
1921
MLS#
PR9119978
Updated on April 21, 2026 at 1:54 pm

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

Address

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

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Contact Information

Homar Real Estate
  • Homar Real Estate
  • (787) 640-6294‬ (787) 640-6296‬
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