$6,800,000
251 & 301 Recinto Sur & San Justo
Old San Juan, PR 00901
Listing updated: March 31, 2026 at 6:10 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveMar 31, 2026
- Listed$6,800,000Nov 18, 2024
- 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
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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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.
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