Prop ID: Y- 5013 A rare urban gem with limitless possibilities This multifunctional building in a PRIME location is an exceptional opportunity for visionaries, developers, and investors seeking a true hidden gem with unlimited potential in one of the most strategic and high-traffic areas of downtown Mayagüez. Located within walking distance of the city’s most important points—City Hall, renowned hotels, iconic restaurants, established businesses, and major multimillion-dollar developments—this three-story building offers over 3,800 square feet of versatile space. It features a third floor with a rare and valuable amenity in the urban core: an ocean view, making it highly attractive for future tenants, residents, or high-end projects; two spacious apartments on the second and third levels, each with 3 bedrooms and 2 bathrooms, ideal for long-term rentals, student housing, Airbnb, or upscale urban residential redevelopment; and a first level with two commercial units perfect for retail, professional offices, cafés, creative studios, storage, or a strategic mixed-use concept. The 178 m² lot is optimally utilized with a solid, well-positioned structure that offers immediate access to economic activity zones, nightlife, government offices, and new investment areas. This property is ideal for long- or short-term rental projects, commercial use, mixed-use development, or exclusive urban concepts with ocean views—all while maintaining low operational costs thanks to an accessible CRIM of $1,047.10 per semester. Coordinates: 18.20021692, -67.13897774
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Zillow last checked:
Listing updated:
Listed by:
Yamaira Flores939-262-5013,
Tropical Coast Properties LLC
Source: Amplia,MLS#: PR9744A8Originating MLS: PR
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Interior area
Total interior livable area: 3,800 sqft
Property
Lot
Size: 1,916 Square Feet
Details
Parcel number: 23305835706001
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Community & HOA
Location
Region: Mayaguez
Financial & listing details
Price per square foot: $66/sqft
Annual tax amount: $2,094
Date on market: 4/13/2026
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,508/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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