CARRETERA 681, #475 KM 3.4, ARECIBO, 00612
PR

Property

Ownership: For Sale
Type: House
Bedrooms: 5 BR
Bathrooms: 6
Area: 6840 sq ft
Lot Size: 1711 sq ft

Financials

Price:$2,000,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Espada Real Estate

CARRETERA 681, #475 KM 3.4, ARECIBO, 00612 House Arecibo

Description

ON THE ROCKS BEACH HOUSE | OCEANFRONT MIXED-USE INVESTMENT OPPORTUNITY – ARECIBO, PUERTO RICO Discover a unique oceanfront investment opportunity along the scenic coastal Route 681 in Islote, Arecibo. Situated on approximately 1,711.26 square meters of land, this versatile mixed-use property features two separate buildings, combining commercial and residential spaces with excellent income-generating potential. COMMERCIAL BUILDING: A single-story structure offering approximately 3,562 square feet, divided into two independent commercial spaces. This building provides flexibility for retail, office, hospitality-related services, or other commercial uses, subject to applicable zoning and permits. RESIDENTIAL BUILDING: A two-story structure with an estimated total area of 3,278 square feet, divided into three independent apartments currently configured for short-term rental accommodations. The first floor features two separate apartments: one offering 1 bedroom, 1 bathroom, living room, kitchen, and dining area; and a second offering 2 bedrooms, 1 bathroom, living room, kitchen, and dining area. The second floor features a spacious 3-bedroom, 2-bathroom apartment with a living room, kitchen, dining area, two balconies, and a dedicated laundry area equipped with a washer and dryer. OUTDOOR AMENITIES: The property features a saltwater swimming pool, gazebo, outdoor gathering areas, and a coastal setting overlooking the Atlantic Ocean, creating an inviting atmosphere for guests and visitors. ENERGY & INFRASTRUCTURE: Equipped with 61 solar panels, two Tesla battery storage units, associated solar system components, and two 500-gallon water cisterns providing a combined storage capacity of 1,000 gallons. A 70 kW generator is also present; however, while the unit starts, it does not currently generate electrical power and requires evaluation or repair. Conveniently located near beaches, restaurants, and attractions along Arecibo's northern coastline, this property offers a distinctive combination of commercial versatility and vacation rental accommodations. Whether seeking to expand a real estate investment portfolio, operate a hospitality venture, or explore multiple rental opportunities, On The Rocks Beach House presents an exceptional opportunity to acquire two buildings on a single oceanfront parcel. Building square footage is approximate, based on satellite measurements, and subject to verification. Property uses are subject to applicable permits and regulations..

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.