1127 PICCIONI STREET CORNER, SAN JUAN, Residential Income

Property Description

### An Investor’s Dream: Prime Mixed-Use Multifamily Property in Condado

#### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision

Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse.

### Key Features:
– **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House.
– **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal.
– **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm.
– **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest.

### Property Details:
– **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece.
– **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms.
– **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure.
– **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility.
– **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property.

Whether you’re looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado’s thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication here—your ideal investment awaits in the heart of the Condado experience!