Located on the historic financial district of Old San Juan, 205 Calle Tetuan represents a rare and highly compelling investment opportunity in one of Puerto Rico’s most supply-constrained markets. This 8-unit multi-family property is comprised of two 2-bedroom units, four 1-bedroom units, and two studio apartments, offering a versatile unit mix ideally suited for short-term rentals, long-term leasing, or a hybrid strategy. The property enjoys charming city views throughout, with notable views of the San Juan Bay, particularly from the top floors and rooftop. A key highlight of this offering is its value-add and customization potential. The property can be finished and designed to a buyer’s specific vision, making it especially attractive for investors seeking to elevate the asset into a boutique short-term rental concept. The rooftop level offers additional upside, with the potential to be reimagined as a lounge or entertainment terrace and the possibility of creating additional units, subject to permits, maximizing both views and revenue potential. Surrounded by Old San Juan’s iconic architecture, waterfront promenades, dining, galleries, and cultural landmarks, 205 Calle Tetuan stands at the intersection of history, lifestyle, and income potential, an exceptional opportunity to create a high-performing asset in one of the Caribbean’s most enduring destinations.
For sale
$2,850,000
205 TETUAN STREET, SAN JUAN, PR 00901
--beds
0baths
10,046sqft
Multi Family
Built in 1847
-- sqft lot
$-- Zestimate®
$284/sqft
$-- HOA
What's special
- 219 days
- 172
- 21
Zillow last checked:
Listing updated:
Listed by:
Paula Lapciuc 305-989-0748,
PUERTO RICO SOTHEBY'S INT. REALTY 787-523-6500
Source: Stellar MLS,MLS#: PR9119678
Originating MLS: Puerto Rico

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None
Cooling
- None
Appliances
- Laundry: Other
Features
- Accessibility Features, Elevator
- Has fireplace: No
Interior area
- Total interior livable area: 10,046 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Water, Bay/Harbor - Partial
- Has water view: Yes
- Water view: Water,Bay/Harbor - Partial
Lot
- Size: 2,465 Square Feet
Details
- Parcel number: 04000205413000
- Zoning: M
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Concrete
- Foundation: Slab
- Roof: Concrete
Condition
- New construction: No
- Year built: 1847
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: OLD SAN JUAN
HOA
- Has HOA: No
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $284/sqft
- Annual tax amount: $3,636
- Date on market: 3/4/2026
- Cumulative days on market: 68 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $2,850,000$284/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Old San Juan
Nearby schools
GreatSchools rating
No schools nearby
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