500 OCEAN DRIVE UNIT 535, HUMACAO, PR, 00791
Active65 days on marketListed Jun 4, 2026MLS #PR9121722
About this home
500 OCEAN DRIVE UNIT 535
Experience the best of resort-style living at The Marbella Club, one of Palmas del Mar's most desirable oceanfront communities. This spacious 2-bedroom, 2.5-bathroom residence offers a unique combination of comfort, flexibility, and investment potential, all within a guard-gated community featuring concierge services and exceptional amenities. Enjoy beautiful views of the golf course and surrounding mountains from the comfort of your private residence, where tranquil scenery and tropical breezes create the perfect island retreat. One of the property's standout features is its versatile lockout suite. The second bedroom includes its own full bathroom and separate entrance, providing privacy for guests or the opportunity to generate rental income while maintaining use of the main living area. With both short-term and long-term rentals permitted, this flexible floor plan is ideal for investors, second-home owners, or those seeking a property that can adapt to their lifestyle. Residents of The Marbella Club enjoy premium amenities, including multiple swimming pools, a heated jacuzzi, beautifully maintained grounds, and direct access to the Palmas del Mar lifestyle. Each building is equipped with its own generator, providing added peace of mind, while elevator access and an assigned covered parking space for everyday convenience. Whether you're searching for a full-time residence, vacation getaway, or income-producing property, this exceptional Marbella Club residence delivers the perfect blend of luxury, flexibility, and resort living in one of Puerto Rico's premier beachfront destinations. Palmas HOA: $1,300/year Marbella HOA: $746/month Insurance: $4,916/year
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,789
Sqft
0 ac
Lot size
2005
Year built
One
Levels
$377
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$5,420 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,420/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−10.9%
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Marbella, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
Rental comps for this area are thin right now — ask us for a hand-pulled rent analysis alongside the short-term projection.
The Davenport short-term market
▼ Softening46%
Occupancy
▼ 35% yr/yr
$302
Avg nightly rate
▲ 16% yr/yr
$31K/yr
Revenue per listing
$138
RevPAR
70 days
Booking lead time
5.9 nights
Avg stay
3
Typical min nights
3,730
Active rentals
▲ 7% supply
Seasonality — monthly occupancy
Peaks at 55% in Mar · bottoms at 36% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Davenport — the projection above is specific to this home’s size.
Where it sits
Inside Marbella
Marbella is a short-term-rental community. See the full guide →
The numbers that matter
The HUMACAO 00791 market
This home is listed 36% above the HUMACAO 00791 median.
Paper trail
This home's history
Reality check
What actually sold near 500 OCEAN DRIVE UNIT 535
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$750,000
500 OCEAN DRIVE UNIT 540 · same community
2 bd · 2.5 ba · 1,775 sqft · $423/sqft · 325 DOM
Sold · Jul ’26$810,000
500 OCEAN DRIVE THE MARBELLA CLUB UNIT 533 · same community
2 bd · 2.5 ba · 1,766 sqft · $459/sqft · 3 DOM
Sold · Jun ’26$785,000
100 OCEAN DRIVE UNIT 134 · same community
3 bd · 3 ba · 1,963 sqft · $400/sqft · 143 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 500 OCEAN DRIVE UNIT 535 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 500 OCEAN DRIVE UNIT 535 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
500 OCEAN DRIVE UNIT 535 FAQs
What would the monthly payment be for 500 OCEAN DRIVE UNIT 535?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,420/mo — principal and interest, estimated property taxes, the $746/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 500 OCEAN DRIVE UNIT 535?+
The association fee works out to $746 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
Can 500 OCEAN DRIVE UNIT 535 be rented short-term?+
Yes — this home sits inside Marbella, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 500 OCEAN DRIVE UNIT 535?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in HUMACAO 00791?+
At $675,000, this home is listed about 36% above the HUMACAO 00791 median of $495,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$675,000 runs 36% above the HUMACAO 00791 median.
02Zoned for nightly rentals
Marbella is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Golf Course & Mountain(s) & Water views
The golf course and mountain(s) and water view is part of what you're buying — views hold value independently of the structure.
04Know the monthly fee
The association fee is $746/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY PUERTO RICO · Maria Brown. MLS #PR9121722.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.