Commercial Sale · Multi Family (5+)
610 CALLE HOARE, SAN JUAN, PR, 00907
Active1 days on marketListed Oct 20, 2026MLS #PR9124980
About this property
The property at a glance
Rare 8-unit historic income property in the heart of Miramar, one of San Juan's most walkable and sought-after neighborhoods, minutes from Condado, Old San Juan, and the Convention District. Currently operated as a successful short-term rental with approximately 70 average occupancy and reported 2025 gross income of $387,523 and NOI of $205,752 (seller-provided). The front building (approx. 5,880 sq ft) offers five 2-bedroom units across three floors. Four units on the lower two floors have interior connecting doors, allowing flexible 2-bedroom or combined 4-bedroom layouts for groups and families. The third-floor unit features front and rear balconies, ocean and city views, laundry and storage rooms, a lounge/dining area, and a hot tub. The rear building includes two studios plus a second-floor 1-bedroom manager's unit with additional laundry. Recent improvements include new Miami louvered windows, a concrete roof sealed in September 2025, mini-split A/C units (2 to 3 years old), and electric water heaters (1 to 3 years old). The property has a 1,000-gallon water cistern, five electric meters, three washers and three dryers, landscaped passageways with artwork and café-style seating, one gated side parking space, and a separate gated driveway for approximately five vehicles. Designated historic building, reported as property-tax exempt. Upside through occupancy, expense optimization, and digital marketing. Buyer to verify all income, expenses, square footage (rear building not measured), permits, zoning, use, and tax exemption.
5,880
Building sq ft
$373
Price / sq ft
0.1
Lot acres
1965
Year built
8
Units
2
Buildings
RESI
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
9.37%
Cap rate
$205,752
Net operating income
$387,523
Gross income (yr)
$274,375
Price / unit
8
Units
Estimated payment (illustrative)
Estimated payment
$13,683/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Emanuel to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
4,962
Population
$52,126
Median income
50
Median age
2
Avg household
$316,808
Median home value
$1,449/mo
Median rent
321
Households w/ kids
Consumer profile
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Your team
The pros in your corner
Your agent
Emanuel Marin Maldonado
Real estate agent · CENTURY 21 Edge
Tours, offers, and every question about 610 CALLE HOARE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 610 CALLE HOARE.
See it in person
Schedule a tour
Live availability from Emanuel's calendar — pick a time and it's booked.
Listing courtesy of REALTY OF AMERICA LLC · Miguel Tanuz Burgos. MLS #PR9124980.
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.
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