3 MALAGA ST #OCEAN PARK Active

San Juan,PR 00911

$ 1500000

6 Beds

4 Baths

3800 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $394

Subdivision Ocean Park Gated Community

MLS Listing ID PR9100377

Bedrooms 6

Full Baths 3

Half Baths 1

Construction Status Completed

HOA Fees $140/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 3120.0

Year Built 1960

Annual Tax Amount $2,064

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Elegant Investment Opportunity – Ocean Park Beachside Residence
Offered at: $1,500,000
(No Owner Financing Available)

Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan's most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities.

Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income.

This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value.

Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan's most coveted beach neighborhood.

Highlights:

Prime location in Ocean Park's gated beach community

6BR/3.5BA main residence + 2BR/1BA guesthouse

Fully furnished and move-in ready

Expansion potential to a second level

Safe, quiet, walkable neighborhood near the beach

Ideal for upscale living or high-performing rental

No owner financing available

Qualified buyers only.
Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings.
Motivated seller – Best Value Proposition in Ocean Park.
Add a touch of sophistication, and this could be a true gem.

Location

State PR

County San Juan

Community Ocean Park Gated Community

Area 00911 - San Juan

Zoning RT-4

Rooms

Other Rooms Florida Room,Garage Apartment,Storage Rooms

Interior

Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Window Treatments

Heating None

Cooling Central Air,Ductless

Flooring Ceramic Tile

Furnishings Furnished

Fireplace false

Appliance Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Refrigerator

Exterior

Exterior Feature Balcony,Garden,Outdoor Grill,Outdoor Kitchen

Parking Features Converted Garage,Garage Door Opener

Garage Spaces 1.0

Fence Fenced,Masonry

Pool Above Ground

Utilities Available Cable Available,Cable Connected,Electricity Available,Electricity Connected,Fiber Optics,Phone Available,Public,Sewer Available,Sewer Connected,Water Available,Water Connected

View Y/N Yes

View Water

Roof Type Concrete

Porch Covered,Patio

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description CoastalConstruction Control Line,FloodZone,Near Public Transit,Sidewalk,Street Dead-End,Paved

Entry Level One

Foundation Concrete Perimeter,Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Cape Cod,Contemporary,Mediterranean

Structure Type Cement Siding,Concrete

New Construction false

Construction Status Completed

Others

Pets Allowed Cats OK,Dogs OK,Yes

Ownership Fee Simple

Monthly Total Fees $260

Acceptable Financing Cash,Conventional

Membership Fee Required Required

Listing Terms Cash,Conventional

Special Listing Condition None

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