2052 italia street #2052, san juan, FL 00911

Value-Add Multifamily in Ocean Park – Steps from the Beach on Calle Italia Located just one block from the sand in San Juan’s iconic Ocean Park neighborhood, this rare five-unit multifamily property sits on the highly coveted Calle Italia and offers a unique opportunity for investors or owner-occupants. The property is currently vacant, providing a blank slate to renovate and reposition for short-term, long-term, or mixed-use income. Property Layout: • Main Residence (Ground Floor – approx. 1,407 sq. ft.): 3 bedrooms, 2 bathrooms, living room, dining area, kitchen, laundry, utility, and storage rooms. Includes a 1-car carport and access to a fenced, paved patio area, ideal for outdoor living or future enhancements. • Unit 2 (Second Floor – approx. 733 sq. ft.): 2-bedroom, 1-bath unit with open kitchen/living/dining space and two private terraces, offering excellent indoor-outdoor potential. • Unit 3 (Second Floor – approx. 344 sq. ft.): 1-bedroom, 1-bath apartment with a private balcony. • Unit 4 (Second Floor – approx. 374 sq. ft.): 1-bedroom, 1-bath unit with flexible layout and access to a shared terrace. • Rear Unit (Approx. 377 sq. ft.): A separate 1-bedroom apartment located behind the main house with its own kitchen and living space—great for guest use or rental. Condition: The property will benefit from renovation. With a great location, it’s ideal for buyers looking to add value and maximize rental income. This is a rare opportunity to transform a multifamily asset in a premier coastal location—steps from the ocean and minutes to everything in San Juan.

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Arleane Merheb of ARLEANE MERHEB, Phone: 787-430-2828