251 & 301 Recinto Sur & San Justo, PR251 & 301 Recinto Sur & San Justo, PR251 & 301 Recinto Sur & San Justo, PR
Stellar MLS
1 / 27

$6,800,000

251 & 301 Recinto Sur & San Justo

Old San Juan, PR 00901

Listing updated: March 31, 2026 at 6:10 PM ET

Active
Stellar MLSListing courtesy of Diego Sampson · Diego Sampson · MLS #PR9110120 · Active · 787-503-9288
0
Beds
0
Baths
29,753
Sq Ft
0.17
Acres
1800
Built
$229/sqft360° tour
Multi-Family 5+

Property type

1800

Year built

7,506 sqft

Lot size

$229

Price / sq ft

No HOA

HOA dues

477

Days on market

Zone X

Flood zone

About this home

This offering features two historic mixed-use buildings in the heart of Old San Juan, Puerto Rico. With a combined area of approximately 29,753square feet and passenger elevator in each property. These properties are located at the intersection of 251 Recinto Sur Street and 301 San Justo Street, a prime spot in one of the Caribbean's most vibrant districts. 251 Recinto Sur Street comprises 12,769 square feet over four floors plus a cellar. The ground floor is leased on a month-to-month basis to a restaurant, creating a lively dining space. The upper floors include professional of spaces, and the top floor features a luxury apartment with stunning views of San Juan Bay. The rooftop provides an additional outdoor space with panoramic city and ocean views expanding the possibilities for redevelopment with unique amenities. 301 San Justo Street offers approximately16,984 square feet across four floors. The ground floor is currently occupied by a pizza restaurant on a month-to-month basis. The upper floors are shell condition, ready for redevelopment into boutique hotel rooms, upscale apartments, or other commercial uses. Both buildings are located in ahigh-traffic area, making them attractive for businesses and residents alike. This is a rare opportunity to own a piece of history in Old San Juan, combining cultural significance with redevelopment commercial potential.

Local Insight

These two historic properties in Old San Juan are priced aggressively at $229/sqft for raw square footage, but the 0 bed/0 bath listing suggests you're buying largely vacant or mixed-use buildings that will need significant capital investment to generate income or convert to residential. Location-wise, you're getting Old San Juan's tourist foot traffic and cultural cachet, but that comes with narrow colonial streets, limited parking, and the practical headaches of restoring 200+ year-old structures in a dense, regulated historic district. The lack of flood insurance requirements (Zone X) is a genuine plus in Puerto Rico, and the scale here—nearly 30,000 sqft on minimal land—points to a developer or investor looking to maximize vertical density rather than a traditional rental or owner-occupied play.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$34,385
Property taxes$6,233
Home insurance (est.)$3,117

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history477 days on market

  1. Status: Active
    Mar 31, 2026
  2. Listed$6,800,000
    Nov 18, 2024
  3. Price increased$6,800,000

Facts & features

Property type
Residential Income
Sub type
Multi-Family 5+
Status
Active
Days on market
477
Subdivision
Old San Juan
County
San Juan
Year built
1800
Living area
29,753 sq ft
Price/sq ft
$229
Lot size
7,506 sq ft
Lot category
0 to less than 1/4
Flood zone
Zone X
Parcel #
040-002-064-12-901
Zoning
C-3
MLS #
PR9110120

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Interior Details

Bedrooms
0
Interior features
Elevator, Other
Laundry
Other

Heating & Cooling

Heating
Other
Cooling
Mini-Split Unit(s), Other

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Exterior features
Balcony, Other
Construction materials
Concrete, Metal Frame
Roof
Concrete, Metal
Foundation
Basement, Other
Road surface
Other

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected

Listing Details

Listing date
2024-11-18
On market date
2024-11-18
Original list price
$6,800,000
MLS area
00901 - San Juan
Listing AOR
Puerto Rico
Status changed
2026-03-31

Flood risk

Zone ZONE XFEMA Zone ZONE X

See FEMA for this zone’s designation and insurance requirements.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Once in Old San Juan drive west in Recinto Sur Street and the property is right corner before Banco Popular Building

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of March 31, 2026 at 6:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA