$5,200,000

Multi-Family and Commercial Corner Property 51 Muñoz Rivera Ave., corner of Los Rosales St. and Las Palmeras St., San Juan, P.R. 00901 Lot Size: 1,639.04 sq. mts. Total Built Area: 26,254 sq. ft. Commercial Retail Spaces: 8 Residential Units: 26 Parking Spaces: 18 Zoning: CT-1, Commercial Tourist Year Built: 1955 Type: Mixed-use Commercial / Residential Corner Property Facing the Caribe Hilton Hotel This property spanning almost a block, consists of two corner buildings totaling 26 apartments, 8 commercial units, 18 parking spaces, and two rooftops with sweeping views. It is the last available mixed-use property of its kind in the Caribe Hilton corridor—an area known for its iconic destinations, direct waterfront access, and steady visitor traffic. With a 1,639-square-meter lot and 26,254 square feet of built area, this corner parcel with triple frontage presents an exceptional investment opportunity in one of San Juan’s most strategic and high-demand locations. A Coveted Location with Proximity to some of San Juan’s Iconic Sites Located along San Juan’s scenic coastal gateway—just minutes from the cruise ship port, historic Old San Juan, upscale condominiums, luxury beachfront hotels, the Convention District, El Distrito T-Mobile, marinas, and the regional private aviation airport—this property is ideally positioned to attract both locals and tourists. Directly facing the iconic Caribe Hilton, the legendary Normandie Hotel, and Puerto Rico’s Supreme Court, the property boasts a location that is both strategic and symbolic. Just steps from El Escambrón Beach—known for its calm, reef-protected waters ideal for swimming, snorkeling, and scuba diving—and a short walk from Luis Muñoz Rivera Park, a lush 12-acre green space. Positioned between Old San Juan and Condado—Puerto Rico’s most emblematic districts—this site serves as a threshold between the timeless character of the old city and the contemporary sophistication of San Juan’s luxury district. Zoning: Commercial Tourist (CT-1) CT-1 (Comercial Turístico 1) zoning allows for a broad range of tourism, hospitality, and commercial uses—such as boutique hotels, short-term rentals, restaurants, or mixed-use redevelopment—especially in high-traffic, visitor-oriented areas like this dynamic coastal corridor. Location, location, location—at its finest. Opportunities like this do not last. Be the one to claim it.