San Sebastian ST OLD SAN JUAN #259 & 261 San Juan, PR 00901
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,538 sqft
Price per Sqft $672
Subdivision San Juan Antiguo
MLS Listing ID PR9123935
Construction Status Completed
HOA Y/N No
Year Built 1921
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
The property offers 12 bedrooms and 10 bathrooms, expansive living and entertaining areas, a large contemporary kitchen, dramatic arched corridors, soaring ceilings, traditional architectural details, interior courtyards, and preserved historic elements that reflect the unmistakable character of Old San Juan.
Among its most distinctive features are the property's preserved historic ruins, incorporated into the courtyard and architecture as a striking connection to Old San Juan's past. Rather than simply occupying a historic district, the property preserves architectural elements that give the estate a character that cannot be replicated in new construction.
Designed around indoor-outdoor Caribbean living, the estate enjoys Atlantic Ocean views, partial views of El Morro, and views of cruise ships entering San Juan Bay, complemented by outdoor and wellness areas including a hot tub and cold plunge.
The property's unique configuration provides exceptional flexibility and may be envisioned as a private Old San Juan estate, multigenerational family compound, residence with private guest accommodations, or income-producing hospitality property, subject to applicable permits and regulations. Separate loft-style and studio-style accommodations provide additional possibilities for guests, extended family, staff, offices, or hospitality use.
The property also has an established history as an income-producing hospitality asset, offering a compelling combination of lifestyle and investment potential. Financial and operating information may be made available to qualified prospective buyers.
Adding significant value, the property has received Institute of Puerto Rico Culture approval for a 10-year property-tax exemption associated with its historic restoration and preservation. The property has also undergone Puerto Rico Tourism Company review in connection with tourism-related incentives. Prospective buyers should independently verify the current status, remaining term, applicability, and transferability of all exemptions, incentives, permits, and approvals.
Located on iconic Calle San Sebastián, surrounded by the architecture, restaurants, cultural landmarks, and attractions of Old San Juan, this offering represents a rare opportunity to acquire a substantial historic property combining architecture, history, ocean views, lifestyle, hospitality potential, and income generation in one of the Caribbean's most recognized historic destinations.
Location
State PR
County San Juan
Community San Juan Antiguo
Area 00901 - San Juan
Zoning RESI
Interior
Heating Other
Cooling Mini-Split Unit(s)
Flooring Granite, Marble, Other
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available Electricity Available, Emergency Power, Water Connected
View Y/N Yes
Water Access No
View Gulf/Ocean - Full
Roof Type Cement,Concrete
Building
Lot Description Historic District
Entry Level Multi/Split
Foundation Basement, Block, Brick/Mortar
Lot Size Range 0 to less than 1/4
Sewer Private Sewer
Water Public
Structure Type Block,Brick,Concrete
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Cash, Trade
Listing Terms Cash, Trade
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9123935
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