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61 Calle Santa Cecilia

SAN JUAN, PR 00907
  • $1,950,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: PR9097805
$1,950,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 7
    BATHS
  • 1
    1/2 BATHS
  • 3,672
    SQFT
  • $531
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1968
County:
Area:

School Ratings & Info

Description

Two levels, Two Buildings. first level has 1,776 square feet and second level included 1,896 square feet. All together is 23 twin beds and 3 full beds plus 3 sofa beds with maximum capacity of 27 persons. Has common areas, common and private kitchens, front desk. Additional included wood terrace, bar area, stairs, extra bath, laundry area, dining area and kitchen area. A total of 9 full bathrooms and 1 half Bathroom. Location is best in the area, just between the Ocean Park beach (2 blocks) and Busy Loiza street (half block), right in front of Walgreens, next to bars, restaurants, shops, and many more. The business comprises of three one-bedroom apartments, three private rooms, and two dorms. Each apartment is designed to accommodate three guests, the rooms for two and each dorms has 6 beds. The design was made as such to include every categories of travelers, ie: small families, couples and solo-travelers. On premises, we also have a newly established barVilla Eshta Bar that has been operating since July 2022. The space is equipped to host farmers markets, open mics, album releases, and any kind of events. Operating permits: When the property was acquired in 2014, the lot was residential, and had to be converted to a commercial lot. We then proceeded with the Hostel permits. Back in 2015, in Puerto Rico we did not yet have the legal framework for Hostels as it was still inexistent. We had to obtain the endorsement from the tourism Bureau to operate, and underwent public hearings. Once approved in 2016, our permit enclosed hostel, hotel and short-term rentals. In July 2021, we started the application for liquor and tobacco license. We obtained it in July 2022, and it includes alcohol, tobacco and food. Survived all disasters: Since Sep 2017, and each following year, PR has been affected by several disasters that greatly affected business throughout the Island. Villa Eshta was equally affected, however stayed open and easily went through theses challenges. The fact that we have several kind of accommodations, insured that we always had guests present. The fact that we are located in a prime area of San Juan, 2 blocks away from the beach, and situated in a very bustling and up-coming area also helped insure that we kept busy during external shocks. Furthermore, with the newly acquired permits, the buyer will have a wide of activities that could be implemented. We currently have accommodation, bar, cafe for hookah or cigars, public markets and restaurant.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-12-09T06:48:46.103.
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61 Calle Santa Cecilia SAN JUAN, PR 00907

  • Price: $1,950,000
  • Status: Active
  • On Site: 29 Days
  • MLS #: PR9097805
6
Beds
7
Baths
1
½ Baths
0.11
Acres
3,672
SQFT
$531
$/SQFT
1968
Built
Neighborhood:
Ocean Park
County:
San Juan
Area:
San Juan
Property Description
Two levels, Two Buildings. first level has 1,776 square feet and second level included 1,896 square feet. All together is 23 twin beds and 3 full beds plus 3 sofa beds with maximum capacity of 27 persons. Has common areas, common and private kitchens, front desk. Additional included wood terrace, bar area, stairs, extra bath, laundry area, dining area and kitchen area. A total of 9 full bathrooms and 1 half Bathroom. Location is best in the area, just between the Ocean Park beach (2 blocks) and Busy Loiza street (half block), right in front of Walgreens, next to bars, restaurants, shops, and many more. The business comprises of three one-bedroom apartments, three private rooms, and two dorms. Each apartment is designed to accommodate three guests, the rooms for two and each dorms has 6 beds. The design was made as such to include every categories of travelers, ie: small families, couples and solo-travelers. On premises, we also have a newly established barVilla Eshta Bar that has been operating since July 2022. The space is equipped to host farmers markets, open mics, album releases, and any kind of events. Operating permits: When the property was acquired in 2014, the lot was residential, and had to be converted to a commercial lot. We then proceeded with the Hostel permits. Back in 2015, in Puerto Rico we did not yet have the legal framework for Hostels as it was still inexistent. We had to obtain the endorsement from the tourism Bureau to operate, and underwent public hearings. Once approved in 2016, our permit enclosed hostel, hotel and short-term rentals. In July 2021, we started the application for liquor and tobacco license. We obtained it in July 2022, and it includes alcohol, tobacco and food. Survived all disasters: Since Sep 2017, and each following year, PR has been affected by several disasters that greatly affected business throughout the Island. Villa Eshta was equally affected, however stayed open and easily went through theses challenges. The fact that we have several kind of accommodations, insured that we always had guests present. The fact that we are located in a prime area of San Juan, 2 blocks away from the beach, and situated in a very bustling and up-coming area also helped insure that we kept busy during external shocks. Furthermore, with the newly acquired permits, the buyer will have a wide of activities that could be implemented. We currently have accommodation, bar, cafe for hookah or cigars, public markets and restaurant.
Exterior Features

Carport Yn No Construction Materials BlockConcrete Covered Spaces 0 Direction Faces West Exterior Features Fenced Foundation Details Stem Wall Open Parking YN No Other Structures GazeboGuest House Patio And Porch Features CoveredFront PorchWrap Around Pool Private Yn No Road Frontage Type Street One Way Road Surface Type Paved Roof Concrete Spa YN No Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Bar FridgeCooktopDryerElectric Water HeaterFreezerRefrigeratorWasher Building Area Total 3672 Building Elevator Yn No Cooling Mini-Split Unit(S) Cooling YN Yes Fireplace Yn No Flooring Ceramic TileConcreteTerrazzoTile Furnished Furnished Heating None Heating YN No Interior Features Dry BarEating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room Combo Laundry Features Laundry Room Levels Multi/Split Room Count 15 Rooms Kitchen Master Bedroom Bedroom 3 Family Room Bathroom 1 Bedroom 2 Bathroom 2 Bedroom 4 Bathroom 4 Bathroom 5 Laundry Bedroom 1 Bathroom 3 Den Living Room Sewer Private Sewer Stories Total 2 Water Source Private Window Features Shades

Property Features

Association Approval Required Yn No Association Yn No Building Name Number Villa Eshta Community Features None Condo Land Included Yn Yes Flood Zone Code Ae Floor Number 2 Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Attached YN Yes Property Sub Type Condo - Hotel Special Listing Conditions None Tax Annual Amount 1600 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedFiber OpticsSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Rt-3


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Diaz Diaz Andres: 787-632-8021.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-12-09T06:48:46.103.
 
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