$1,599,000
606 Cerra St
San Juan, PR 00907
Listing updated: June 2, 2026 at 12:19 PM ET
Listing courtesy of Blue Waters Realty · Adriana Portilla Anasagasti · MLS #PR9121534 · Active · 787-364-4924Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Turnkey mixed-use investment opportunity in the heart of vibrant Calle Cerra, Santurce! This income-producing property features a commercial space on the first level currently operating as a commercial kitchen, plus two, turn key, beautifully remodeled residential apartments upstairs, each offering 3 bedrooms, for a total of 6 bedrooms and 5.5 bathrooms. The property is equipped with a 20KW generator and two water cisterns. Offering incredible upside potential, there is the possibility of adding a third level and rooftop pool, or converting the commercial space into two additional spacious apartments. Located in one of San Juan’s most dynamic and artistic neighborhoods, surrounded by trendy restaurants, bars, cafés, nightlife, galleries, and vibrant street art. Just minutes from the Conservatory of Music, Condado Lagoon, beaches, supermarkets, schools, and major attractions. Featuring 5,922 total sqft sitting on a 339 sqmt lot, this is an excellent opportunity for investors seeking short-term rental, long-term rental, mixed-use, or boutique hospitality potential. Call the listing agents today for a private showing!
Local Insight
At $270/sqft for a 1970s condo-hotel in San Juan, you're getting decent per-square-foot pricing for the size, but you'll want a professional inspection—older properties in this era often have deferred maintenance issues that don't show up in tours. The flood zone designation (C0355) is worth digging into with your lender and insurance agent since it could affect financing options and premiums, especially given the tight 0.08-acre lot. Six bedrooms across 5,900 sqft suggests this was built for short-term rental income, so clarify what the actual zoning allows for occupancy and any restrictions on how you can use the property.
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 history13 days on market
- Status: ActiveMay 21, 2026
- Listed$1,799,000May 20, 2026
- Price reduced$1,599,000
Facts & features
- Property type
- Residential
- Sub type
- Condo - Hotel
- Status
- Active
- Days on market
- 13
- Subdivision
- Miramar
- County
- San Juan
- Year built
- 1970
- Living area
- 5,922 sq ft
- Price/sq ft
- $270
- Lot size
- 3,648 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- 72000C0355 (ZONE X)
- Parcel #
- 04004801909
- Zoning
- ZU-G2
- MLS #
- PR9121534
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 5
- Half bathrooms
- 1
- Flooring
- Tile
- Appliances
- Dryer, Electric Water Heater, Freezer, Refrigerator, Washer
- Interior features
- High Ceilings
- Laundry
- Electric Dryer Hookup
- Stories / Levels
- Multi/Split
- Direction faces
- North
Heating & Cooling
- Heating
- None
- Cooling
- Mini-Split Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Concrete
- Roof
- Concrete
- Foundation
- Concrete Perimeter
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Second | |
| Kitchen | Second | |
| Primary Bedroom | Second |
Listing Details
- Listing date
- 2026-05-20
- On market date
- 2026-05-20
- Original list price
- $1,799,000
- Occupant type
- Tenant
- MLS area
- 00907 - San Juan
- Listing AOR
- Puerto Rico
- Status changed
- 2026-05-21
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
606 Calle Cerra, San Juan PR
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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 June 2, 2026 at 12:19 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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