557 VILLA BORINQUEN Active

Vieques,PR 00765

$ 520000

4 Beds

2 Baths

1584 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $328

Subdivision Villa Borinquen, Vieques

MLS Listing ID PR9115632

Bedrooms 4

HOA Y/N No

Year Built 2021

Annual Tax Amount $94

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 3107

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Investment Opportunity – Multifamily Property with Expansion Potential in Vieques, Puerto Rico

Rare investment opportunity located at 557 Villa Borinquen, Vieques, one of the Caribbean's most desirable island destinations. This multifamily property offers immediate rental income with significant potential for value growth and development.

The first level consists of two completed and functional apartments, each with utility connections and balconies, suitable for rental or owner occupancy. The second level remains unfinished, allowing the new owner to complete additional units or design a full primary residence to maximize the building's income-generating capabilities.

Property Highlights:
• Lot Size: 3,107 m² (approx. 32,464 sq ft / 0.746 acres)
• Exceptional panoramic views toward Cayo Luis Peña and Culebra Island
• Just 7 minutes from the ferry terminal, providing strong appeal for both short-term and long-term rental demand
• Solid concrete construction in overall good structural condition
• Ideal for investors seeking a short-term rental strategy, long-term rental portfolio, or multi-unit residential project

This property presents a compelling opportunity to develop a boutique guest house, duplex/triplex rental structure, or private residence with income-producing units. Open to reasonable offers.

Coordinates: 18.1493911, -65.4213923

Location

State PR

County Vieques

Community Villa Borinquen, Vieques

Area 00765 - Vieques

Zoning R-1

Interior

Interior Features Ninguno

Heating None

Cooling None

Fireplace false

Laundry Outside

Exterior

Exterior Feature Balcony

Utilities Available Electricity Connected

View Y/N Yes

Roof Type Cement

Garage false

Private Pool No

Building

Foundation Concrete Perimeter

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9115632

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