$4,000,000

Int. Of Rt. 66 & Pr-185

Canovanas, PR 00729

Active
0
Baths
10.2
Acres
10.2 acres$9/sqft

About this home

Explore a unique investment opportunity in Canovanas, Puerto Rico. This 10.2-acre parcel, previously approved for 200 multi-family units, is strategically positioned for development. Featuring prominent street frontage and site exposure along Route 66, the property offers high visibility and effortless access. Located just off Exit 10, it benefits from steady vehicular traffic and excellent connectivity. The site is development-ready, with sewer and utility access points already in place. Floor plans and surveys are available, providing detailed insights into the property’s layout and supporting the development process. Its prime location near major population centers enhances its potential for mixed-use development, whether residential, commercial, or a combination of both. Canovanas continues to grow, making it an attractive location for a high-visibility landmark project. Capitalize on this rare opportunity to create a dynamic development in one of Puerto Rico’s emerging markets.

Estimated monthly payment

$25,726/mo

Principal & interest$20,226
Property taxes$3,667
Home insurance (est.)$1,833

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 history360 days on market

  1. Status: Active
    Dec 18, 2024
  2. Listed$4,000,000
    Dec 18, 2024
  3. Price increased$4,000,000

Facts & features

Property type
Land
Status
Active
Days on market
360
County
CanóVanas
Price/sq ft
$9
Lot size
444,312 sq ft
Lot category
10 to less than 20
Flood zone
X
Parcel #
117-000-004-28
Zoning
C-I
MLS #
PR9110673

HOA & Financial

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

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Available, Sewer Available, Water Available

Listing Details

Listing date
2024-12-17
On market date
2024-12-18
Original list price
$4,000,000
MLS area
00729 - Canovanas
Listing AOR
Puerto Rico
Status changed
2024-12-18

Location

Flood zone
X

Directions

Head east from Luis Muñoz Marín International Airport by taking Puente Teodoro Moscoso to Expreso Román Baldorioty de Castro (PR-26). Continue east on PR-26 and merge onto Autopista Roberto Sánchez Vilella (PR-66). Take Exit 10 toward PR-185 in Canóvanas. Turn left onto PR-185, and the destination will be on your right near the intersection of Rt. 66 and PR-185.

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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 December 13, 2025 at 7:31 AM 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