Opportunity to acquire a unique income-producing property in the highly sought-after coastal community of Las Croabas, Fajardo. Conveniently located along PR-987, one of the main access roads to the area's beaches, marinas, restaurants, and world-renowned attractions, this exceptional property offers versatility, privacy, multiple revenue streams, and approximately 2.3 acres of mostly level land. The primary residence offers approximately 3,200 square feet of living area and features 4 bedrooms, 3 full bathrooms, 1 half bathroom, high ceilings, elegant red marble flooring, spacious living and dining areas, kitchen, foyer, library/home office, laundry area, storage room, terrace, garage, and a two-car carport. The generous floor plan provides comfortable living spaces for both everyday living and entertaining. Adding significant value to the property is a separately fenced guest house of approximately 500 square feet with its own private entrance, allowing complete independence from the main residence. The guest house features 3 bedrooms, 1 bathroom, living room, dining area, kitchen, outdoor space with fruit trees, and is currently utilized as an income-producing rental. The independent access and private setting make it ideal for short-term rentals, guests, extended family, or additional long-term rental income. The property currently benefits from multiple income sources. In addition to the guest house rental, a portion of the land is utilized for boat storage, capitalizing on the area's strong boating culture and year-round marine activity. Its strategic location near marinas, charter operations, fishing excursions, snorkeling tours, and island-hopping trips further enhances its commercial and investment appeal. Las Croabas is recognized as one of Eastern Puerto Rico's premier tourism destinations, offering close proximity to Seven Seas Beach, Las Cabezas de San Juan Nature Reserve, the Bioluminescent Bay, El Conquistador Resort, marinas, waterfront restaurants, and ferry and boating access to nearby islands and cays. The area continues to benefit from ongoing public and private investment in tourism, recreational facilities, and marine infrastructure. The approximately 2.3 acres of level land provide exceptional flexibility and future potential, subject to permitting and applicable regulations. Properties offering this combination of acreage, accessibility, multiple structures, income-producing potential, and proximity to Puerto Rico's most desirable coastal attractions are seldom available. Whether used as a primary residence, vacation compound, investment property, or mixed-use opportunity, this property presents a unique combination of location, space, privacy, and income potential in one of Fajardo's most desirable communities.
For sale
$1,000,000
987 Street, Fajardo, PR 00738
7beds
3,700sqft
Single Family Residence
Built in ----
9,400 Square Feet Lot
$-- Zestimate®
$270/sqft
$-- HOA
What's special
Generous floor planTwo-car carportStorage roomLaundry areaElegant red marble flooringHigh ceilings
- 5 hours
- 37
- 2
Zillow last checked:
Listing updated:
Listed by:
Vilma Santos 787-988-9090,
JV REALTY
Source: My State MLS,MLS#: 11994481
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Dining Room, Family Room, Formal Room, Kitchen, Laundry Room, Living Room, Walk-in Closet
Basement
- Area: 0
Heating
- Has Heating (Unspecified Type)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
- Finished area above ground: 3,700
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Patio & porch: Patio, Deck
- Exterior features: Outdoor Shower
- Fencing: Fenced
Lot
- Size: 9,400 Square Feet
- Features: Corner, Trees
Details
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 0
Utilities & green energy
- Electric: Amps(0)
Community & HOA
HOA
- Has HOA: No
Location
- Region: Fajardo
Financial & listing details
- Price per square foot: $270/sqft
- Date on market: 9/22/2026
- Date available: 09/21/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $1,000,000$270/sqft |
Source: My State MLS #11994481 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 00738
Nearby schools
GreatSchools rating
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