Under contract-accepting backup offers. Elegant Investment Opportunity – Ocean Park Beachside Residence
Offered at: $1,500,000
(No Owner Financing Available)
Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan’s most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities.
Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income.
This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value.
Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan’s most coveted beach neighborhood.
Highlights:
Prime location in Ocean Park’s gated beach community
6BR/3.5BA main residence + 2BR/1BA guesthouse
Fully furnished and move-in ready
Expansion potential to a second level
Safe, quiet, walkable neighborhood near the beach
Ideal for upscale living or high-performing rental
No owner financing available
Qualified buyers only.
Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings.
Motivated seller – Best Value Proposition in Ocean Park.
Add a touch of sophistication, and this could be a true gem.
Offered at: $1,500,000
(No Owner Financing Available)
Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan’s most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities.
Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income.
This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value.
Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan’s most coveted beach neighborhood.
Highlights:
Prime location in Ocean Park’s gated beach community
6BR/3.5BA main residence + 2BR/1BA guesthouse
Fully furnished and move-in ready
Expansion potential to a second level
Safe, quiet, walkable neighborhood near the beach
Ideal for upscale living or high-performing rental
No owner financing available
Qualified buyers only.
Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings.
Motivated seller – Best Value Proposition in Ocean Park.
Add a touch of sophistication, and this could be a true gem.
Property Details
Price:
$1,650,000
MLS #:
PR9100377
Status:
Pending
Beds:
6
Baths:
3.5
Address:
3 MALAGA STREET UNIT OCEAN PARK
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
OCEAN PARK GATED COMMUNITY
Neighborhood:
00911 – San Juan
City:
SAN JUAN
Listed Date:
May 25, 2023
State:
PR
Finished Sq Ft:
3,800
Total Sq Ft:
3,800
ZIP:
00911
Lot Size:
6,759 sqft / 0.15 acres (approx)
Year Built:
1960
Schools
Interior
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Mini- Split Unit(s)
Flooring
Ceramic Tile
Heating
None
Exterior
Architectural Style
Cape Cod, Contemporary, Mediterranean
Construction Materials
Cement Siding, Concrete
Exterior Features
Balcony, Garden, Outdoor Grill, Outdoor Kitchen
Other Structures
Additional Single Family Home, Cabana, Gazebo, Guest House, Outdoor Kitchen, Storage
Parking Features
Converted Garage, Garage Door Opener
Roof
Concrete
Financial
HOA Fee
$140
HOA Fee 2
$120
HOA Frequency
Monthly
HOA Name
HOA Ocean Park
Tax Year
2023
Taxes
$2,064
Map
Community
- Address3 MALAGA STREET UNIT OCEAN PARK SAN JUAN PR
- SubdivisionOCEAN PARK GATED COMMUNITY
- CitySAN JUAN
- CountySan Juan
- Zip Code00911
Similar Listings Nearby
- 268 AVENIDA JUAN PONCE DE LEON UNIT 1201
SAN JUAN, PR$2,000,000
2.01 miles away
- B1 CALLE GALICIA
CAROLINA, PR$1,995,000
4.80 miles away
- 1035 CALLE MARGINAL VILLAMAR
CAROLINA, PR$1,900,000
1.51 miles away
- 56 CRUZ
OLD SAN JUAN, PR$1,895,000
4.39 miles away
- 11 SANTA ANA STREET
SAN JUAN, PR$1,850,000
0.26 miles away
- 528 RIERA STREET
SAN JUAN, PR$1,800,000
1.00 miles away
Courtesy of PUERTO RICO CORPORATE RENTALS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 3 MALAGA STREET UNIT OCEAN PARK
SAN JUAN, PR
LIGHTBOX-IMAGES