$325,000
Cond. Montemar 101, Ocean Drive
Luquillo, PR 00773
Property type
Year built
Lot size
HOA dues
Day on market
Flood zone
About this home
Turnkey in Luquillo! 2-Level Income-Generating Apartment Steps from Playa Azul Can you imagine owning a property where the sound of the ocean meets high profitability? Located on the highly coveted Ocean View Street in Luquillo, this spectacular two-story apartment is the perfect definition of a smart investment and an enviable coastal lifestyle. Just a 3-minute walk and you will find yourself immersed in the magic of Playa Azul: a paradise of palm trees, golden sand, and that vibrant beach life that locals and tourists alike are constantly searching for. An Active and Profitable Business: This apartment is not just a property; it is an active, ongoing business. It currently operates with great success on the Airbnb platform, boasting a solid track record of consistent income generation. Ready to Generate Revenue: Sold fully furnished and equipped. You don't have to waste time or money decorating; from the very day of closing, this property keeps producing for you. Two-Level Design: A modern, fluid layout that provides privacy, comfort, and that spacious feel that short-term guests consistently rate with 5 stars. ?? Prime Location: Luquillo is the capital of coastal tourism in the northeast. Being on Ocean View Street places you right at the epicenter of demand: close to the famous Luquillo Kiosks, El Yunque Rainforest, and with direct access to one of the most beautiful beaches in Puerto Rico. The Key Benefit: Frictionless investment. Buy today, receive income tomorrow, and enjoy paradise whenever you want.
Local Insight
This beachfront condo is priced aggressively for its 2004 build and missing square footage data is a red flag—you'll want that spec sheet before committing, especially at this price point. The no-HOA structure is unusual for a condo and could mean shared maintenance costs are handled differently, so clarify what's actually covered and what falls on you as an owner. Location-wise, you're getting direct ocean access in Luquillo, but factor in Puerto Rico's hurricane exposure and the property's age when evaluating long-term maintenance and insurance costs.
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 history1 days on market
- Status: ActiveJun 4, 2026
- Listed$325,000Jun 4, 2026
- Price increased$325,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 1
- Subdivision
- Montemar
- County
- Luquillo
- Year built
- 2004
- Living area
- 0 sq ft
- Building area
- 878 sq ft (Estimated)
- Lot size
- 762 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Parcel #
- 092-075-002-06-001
- Zoning
- RT-4
- MLS #
- PR9121658
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Other
- Appliances
- Cooktop, Electric Water Heater, Microwave
- Interior features
- PrimaryBedroom Upstairs
- Laundry
- Inside
- Stories / Levels
- Two
- Direction faces
- North
Heating & Cooling
- Heating
- None
- Cooling
- Mini-Split Unit(s)
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $50/mo
- Total annual fees
- $600
- HOA name
- Luis Rivera
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Garden, Courtyard, Balcony, Private Yard
- Construction materials
- Block
- Roof
- Concrete
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Private
- Utilities
- Electricity Available
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bathroom 1 | Second | |
| Primary Bedroom | Second | |
| Bedroom 2 | Second | |
| Dining Room | First | |
| Kitchen | First | |
| Laundry | Second | |
| Balcony/Porch/Lanai | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-05-30
- On market date
- 2026-06-04
- Original list price
- $325,000
- Occupant type
- Vacant
- MLS area
- 00773 - Luquillo
- Listing AOR
- Puerto Rico
- Status changed
- 2026-06-04
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Toma carretera Ocean Drive, apartment lo quedará a mano derecha
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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 5, 2026 at 6:53 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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