$5,000,000
259 & 261 Calle De San Sebastian
San Juan, PR 00901
Listing updated: April 21, 2026 at 9:54 AM ET
Listing courtesy of Samantha Telvi Carlo · Samantha Telvi Carlo · MLS #PR9119978 · Active · 939-397-5000Property type
Year built
Lot size
HOA dues
Days on market
Flood zone
About this home
Income-producing multifamily property located in Old San Juan on Calle San Sebastián. This 10-unit building offers a combination of historic character, income potential, and a central location within one of Puerto Rico’s most visited areas. The property includes a mix of 4 loft-style units typical of Old San Juan, 2 two-bedroom/one-bath units, and 6 studio units, providing flexibility for various rental strategies. Property features Atlantic Ocean views, partial views of El Morro, and visibility of cruise ships entering San Juan Bay. The property has been approved by the Institute of Culture for a property tax exemption currently in place. It has also been inspected by the Puerto Rico Tourism Company and meets requirements for tourism-related incentives. Buyers are advised to independently verify all incentives, benefits, and transferability. Located near restaurants, attractions, and cultural sites. Suitable for investors interested in income generation, short-term rental operations, or alternative use concepts consistent with local regulations. Multi-unit properties in Old San Juan are limited in availability.
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 history26 days on market
- Status: ActiveMar 26, 2026
- Listed$5,500,000Mar 26, 2026
- Price reduced$5,000,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 26
- Subdivision
- San Juan Antiguo
- County
- San Juan
- Year built
- 1921
- Living area
- 0 sq ft
- Lot size
- 5,285 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- Zone X
- Parcel #
- 022-092-007-22-001
- Zoning
- RESI
- MLS #
- PR9119978
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Interior Details
- Bedrooms
- 12
- Flooring
- Granite, Marble, Other
- Appliances
- Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System
- Interior features
- Ceiling Fans(s), High Ceilings, Sauna, Smart Home, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Laundry
- Common Area, Corridor Access, Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Other, Upper Level, Washer Hookup
- Stories / Levels
- Multi/Split
Heating & Cooling
- Heating
- Other
- Cooling
- Mini-Split Unit(s)
Parking
- Parking features
- On Street
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, Trade
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Balcony, Courtyard, French Doors, Garden, Outdoor Kitchen, Outdoor Shower, Private Entrance, Sauna, Storage
- Construction materials
- Block, Brick, Concrete
- Roof
- Cement, Concrete
- Foundation
- Basement, Block, Brick/Mortar
- Water view
- Yes
- Road surface
- Brick
Utilities
- Sewer
- Private Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Available, Electricity Connected, Emergency Power, Fire Hydrant, Water - Multiple Meters, Water Available, Water Connected
Listing Details
- Listing date
- 2026-03-17
- On market date
- 2026-03-26
- Original list price
- $5,500,000
- MLS area
- 00901 - San Juan
- Listing AOR
- Puerto Rico
- Status changed
- 2026-03-26
- Tax legal description
- URBANA: Solar radicado en la Ciudad de San Juan, Puerto Rico, situado en la Calle San Sebastián, con estructura existente y colindancias según Registro de la Propiedad. Incluye dos propiedades identificadas como Property A y Property B.
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
From Luis Muñoz Marín International Airport, take PR-26 toward San Juan. Follow signs to Old San Juan and cross into the historic district. Enter through Calle San Justo, continue to Calle San Sebastián, and proceed to the property location. Street parking is available nearby, with public parking garages close by.
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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 April 21, 2026 at 9:54 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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