$250,000
16 Ocean Drive Avenue
Luquillo, PR 00773
Listing updated: February 22, 2026 at 9:58 AM ET
Listing courtesy of Berquiz Realty · Berquiz Hernandez · MLS #PR9113220 · Active · 787-396-7200Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
GREAT LOCATION TO DEVELOP A UNIQUE DREAM HOME, OR A ROI PROPERTY. SHORt TERM RENTALS, SO CLOSE TO THE FAMOUS LUQUILLO BEACH. STEPS TO THE BEACH AND RESTAURANTS, DRUGS STORES, SUPERMARKETS AND THE GREAT AREA FOR ENTERTAINMENT AND FOOD AT THE FAMOUS LUQUILLO KIOSKS. NATIONAL RAIN FOREST EL YUNQUE IN LESS 15 MINS. HORSE BACK RIDING AT HACIENDA CARABALI, AND WATER SPORTS IN LUQUILLO AND BEST FAJARDO MARINAS. GOLF COURSES IN LESS 15 MINUTES DRIVING AT THE WYNDHAM GRAND RIO MAR RAINFOREST BEACH AND GOLF RESORT, BAHIA BEACH RESORT, AND HYATT REGENCY GRAND RESERVE PUERTO RICO IN RIO GRANDE AND EL CONQUISTADOR RESORT IN FAJARDO.
Local Insight
At $39 per square foot for raw land in a high-risk flood zone (AE), you're pricing in significant development uncertainty—most lenders will require expensive flood insurance and elevated construction standards that could easily add $50k+ to any building project. The 0.14-acre lot is tight for meaningful development, so this reads more as a speculative hold or teardown play on oceanfront location rather than a shovel-ready opportunity. The lack of HOA is a plus, but you'll want a coastal engineer's assessment and clarity on setback requirements before committing, since flood zone restrictions often dictate what's actually buildable here.
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 history303 days on market
- Status: ActiveApr 25, 2025
- Listed$450,000Apr 25, 2025
- Price reduced$250,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 303
- Subdivision
- Ocean Drive Avenue
- County
- Luquillo
- Price/sq ft
- $39
- Lot size
- 6,456 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- 72000
- Annual taxes
- $510
- Parcel #
- 092-065-003-03-000
- Zoning
- R-U
- MLS #
- PR9113220
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electrical Nearby, Other, Telephone Nearby, Water Nearby
Listing Details
- Listing date
- 2025-04-24
- On market date
- 2025-04-25
- Original list price
- $450,000
- MLS area
- 00773 - Luquillo
- Listing AOR
- Puerto Rico
- Status changed
- 2025-04-25
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
EASY DRIVING FROM SAN JUAN TO LUQUILLO TOWN, AT PR 3. MAKING A LEFT TO THE BEACH AREA CONDOMINIUMS AT THE OCEAN DRIVE STREET. SEE DRIVING DIRECTIONS. From San Juan, continue straight to stay on Autopista Roberto Sánchez Vilella/PR-66. Exit onto Carretera 3 E/PRI-3 E. Take PR-193 to Calle Ocean Dr Luquillo, PR 00773. Property is on your left side driving north to the beach.
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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 February 22, 2026 at 9:58 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.
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