Priced Below Appraisal – Exceptional Opportunity in Ocean Park Address Calle Ismael Rivera 60, between Calle Loíza and McLeary Avenue, San Juan, PR 00911 Price $995,000 Recently appraised at $1,040,000 This is a rare opportunity to own a property in Ocean Park professionally appraised at $1,040,000 and now available for $995,000 – well below appraisal value. This property is being sold independently of its Airbnb potential, making it an attractive investment for homeowners, second-home buyers, and investors. Whether you plan to use it as a primary residence, vacation home, or long-term investment, this is an unbeatable deal in one of San Juan’s most desirable neighborhoods. Due to high rental demand, showings are limited. The next available showing is February 11, between 1 and 3 p.m. Property Highlights - Recently Appraised at $1,040,000 – Instant Equity for Buyers - Three separate living spaces – Flexible layout for multi-generational living, long-term rentals, or a combination of both - Four parking spaces – A premium feature in Ocean Park - Solar-powered with 32 panels, two electric meters, and a Net Metering system - Two Tesla batteries leased for uninterrupted power supply - Spacious outdoor area with potential for a pool - High Rental Demand – The strong demand for rentals makes showings difficult, reinforcing its value as an investment property Property Layout Main Building – Ground Floor Unit - 4 bedrooms, two bathrooms - Large living-dining area, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit - 3 bedrooms, two bathrooms - Open-layout kitchen with balcony access - Living, dining, and family room Second Building Back of Property - 1-bedroom, 1-bathroom unit – Ideal for guests, extended family, or additional rental income Why This Property is a Great Buy - Priced Below Market Value – Buy now with built-in equity - Prime Location – Just four blocks from Ocean Park Beach, close to top restaurants, nightlife, and shopping - Move-in Ready and Fully Renovated – No need for major upgrades - Versatile Use – Ideal as a primary residence, second home, or long-term investment - High Demand Rental Property – Generates consistent income with minimal vacancies Investment Details - New Price $995,000 Recently appraised at $1,040,000 - Serious, qualified buyers only – Proof of funds required Due to high rental demand, showings are limited The next available showing is February 11, between 1-3 PM Don’t Miss Out Schedule Your Private Showing Today This is your chance to own a prime Ocean Park property at a below-market price. Given its substantial appraisal value, high rental demand, and premium location, this is a smart purchase for any buyer. Contact us today to reserve your spot for the upcoming showing before it's gone.
Sold for $1,015,000
$1,015,000
60 ISMAEL RIVERA STREET #1-3, SAN JUAN, PR 00911
8beds
2,666sqft
Single Family Residence
Built in 1970
4,073 Square Feet Lot
$-- Zestimate®
$381/sqft
$5,965 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,965/mo
Zestimate® history
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List your homeWhat's special
Small poolFour parking spacesOutdoor entertainment areaAc split unitRemodeled bedroomsMediterranean-style structuresSpacious open-layout kitchen
Zillow last checked:
Listing updated:
Listed by:
Victor Alonso Vega 787-525-4364,
PR SHORT CORPORATE INTERNATIONAL REALTY 787-525-4364
Bought with:
Victor Alonso Vega, 15629
PR SHORT CORPORATE INTERNATIONAL REALTY
Source: Stellar MLS,MLS#: PR9097979
Originating MLS: Puerto Rico
Originating MLS: Puerto Rico
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Garage Apartment
Primary bedroom
- Level: First
Bedroom 1
- Level: Second
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: Second
Bedroom 3
- Features: Built-in Closet
- Level: Second
Primary bathroom
- Level: First
Bathroom 1
- Level: Second
Bathroom 1
- Level: First
Bathroom 2
- Level: Second
Bathroom 3
- Level: First
Balcony porch lanai
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Other
- Level: First
Heating
- None
Cooling
- Ductless
Appliances
- Included: Cooktop, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup
Features
- Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
- Flooring: Ceramic Tile, Porcelain Tile, Tile
- Doors: French Doors, Outdoor Grill
- Windows: Aluminum Frames, Storm Window(s), Shutters, Hurricane Shutters
- Has fireplace: No
Interior area
- Total structure area: 3,800
- Total interior livable area: 2,666 sqft
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Curb Parking, Off Street, On Street
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Balcony, Garden, Lighting, Outdoor Grill, Private Mailbox, Sidewalk
- Pool features: Above Ground
- Fencing: Electric,Fenced,Masonry
- Has view: Yes
- View description: City
- Body of water: OCEAN PARK BEACH
Lot
- Size: 4,073 Square Feet
- Features: FloodZone
- Residential vegetation: Fruit Trees
Details
- Additional structures: Residence, Cabana, Gazebo
- Parcel number: 04104261508001
- Zoning: RT-3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Mediterranean
- Property subtype: Single Family Residence
Materials
- Brick, Cement Siding, Concrete
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Concrete
Condition
- Completed
- New construction: No
- Year built: 1970
Details
- Builder model: Multi-family
- Builder name: Ocean Park
Utilities & green energy
- Electric: Photovoltaics Seller Owned
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Connected, Solar, Street Lights, Water Available, Water Connected
Green energy
- Energy efficient items: Appliances
- Energy generation: Solar
Community & HOA
Community
- Security: Key Card Entry, Security Fencing/Lighting/Alarms, Security Gate, Security Lights, Security System, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: SAN JUAN-OCEAN PARK
HOA
- Has HOA: No
- Second HOA name: Ocean Park Outside Gated Community
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $381/sqft
- Annual tax amount: $1,858
- Date on market: 1/5/2023
- Cumulative days on market: 728 days
- Listing terms: Cash,Conventional,Owner May Carry,Private Financing Available
- Ownership: Fee Simple
- Total actual rent: 144000
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | $1,015,000+2%$381/sqft |
Source:  Stellar MLS #PR9097979 Report a problem | ||
| 2/26/2025 | Pending sale | $995,000$373/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 2/4/2025 | Price change | $995,000-9.5%$373/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 11/25/2024 | Price change | $1,100,000+10%$413/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 11/22/2024 | Listed for sale | $1,000,000$375/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 11/13/2024 | Listing removed | $1,000,000$375/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 11/1/2024 | Price change | $1,000,000-12.3%$375/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 10/18/2024 | Price change | $1,140,000-0.9%$428/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 8/26/2024 | Price change | $1,150,000-4.2%$431/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 4/9/2024 | Price change | $1,200,000+2.1%$450/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 12/31/2023 | Price change | $1,175,000+2.2%$441/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 10/25/2023 | Price change | $1,150,000-4.2%$431/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 8/10/2023 | Listed for sale | $1,200,000$450/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 7/21/2023 | Pending sale | $1,200,000$450/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 7/14/2023 | Price change | $1,200,000+12.1%$450/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 6/23/2023 | Price change | $1,070,000+1.9%$401/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 3/21/2023 | Listed for sale | $1,050,000$394/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 2/18/2023 | Pending sale | $1,050,000$394/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
| 1/5/2023 | Listed for sale | $1,050,000$394/sqft |
Source: Stellar MLS #PR9097979 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Santurce
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- Puerto Rico
- San Juan
- San Juan
- 00911
- Santurce
- 60 ISMAEL RIVERA STREET Unit 1-3
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