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Sold for $323,000 on 12/12/23
  • $323,000

    905 Calle Labra, San Juan, PR 00907

    --beds
    0baths
    434Square Feet
    Unimproved Land
    Built in ----
    434 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    Pre-construction. Introducing a prime investment opportunity in the stylish Santurce district. A 434 SM site on Labra Street ready to become an urban 26-room hotel design that is sure to be the talk of the town. This is your chance to invest in a property that is perfectly positioned to capitalize on the growing art, entertainment, and cultural hub of the capital city. The 5 strory hotel design is modern and sleek, complete with a restaurant, a swanky rooftop terrace amenity level and 26 guestrooms that are conceived to cater to the needs of both business and leisure travelers. An unmatched location with easy access to all the attractions and amenities that the trendy and vibrant Santurce district has to offer. Santurce is a lively neighborhood renowned for its dynamic arts scene, captivating galleries, and thriving cultural events. Just a few minutes away from prime Condado Beach, Old San Juan historic district and Hato Rey business and financial center, this property is in the heart of it all. A unique pre-construction and shovel ready opportunity to invest in a project that is sure to appreciate as the area continues to flourish and develop. Don’t miss out on this chance to be part of the exciting growth of the Santurce district. Immerse yourself in the vibrant atmosphere and experience firsthand the allure of this unique district. Purchase includes design and architectural plans, tourism and hospitality tax incentives, potential renewable energy incentives, tax exemptions, construction budget and revenue projection report. A contractor team is ready to build it for you! 26 Rooms | 1 Restaurants | Amenity Terrace Basement Parking Space

    Zillow last checked: 7 hours ago

    Listing updated: May 07, 2024 at 12:14pm

    Listing Provided by:

    Myrna Ruiz Olmo 787-237-7440,

    CORCORAN PUERTO RICO 939-478-6028

    Bought with:

    Myrna Ruiz Olmo, 15636

    CORCORAN PUERTO RICO

    Source: Stellar MLS,MLS#: PR9101029MLS LogoOriginating MLS: Puerto Rico

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 434 sqft
    Details
    • Parcel number: 000000000000
    • Zoning: ZN
    • Special conditions: None

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available

    Community & neighborhood

    Location
    • Region: San Juan

    HOA & financial

    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Other
    • Road surface type: Asphalt
    Services availability