Humacao, PR 00791,. CANDELERO DRIVE #A303
$685,000
$750,000
8.7%
Est.Price: ?

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3 BD
3 BA

. CANDELERO DRIVE #A303 Humacao, PR 00791

Est. payment /mo
SOLD DATE : 01/15/2025

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Key Details

Sold Price $685,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Subdivision Las Palmas Doradas

MLS Listing ID PR9109192

Sold Date 01/15/25

Bedrooms 3

Full Baths 3

HOA Y/N No

Originating Board Stellar MLS

Annual Recurring Fee 11836.0

Year Built 1999

Annual Tax Amount $3,245

Property Sub-Type Condominium

Property Description

This Las Palmas Doradas property offers a solid foundation for generating consistent income, thanks to its ability to cater to multiple rental markets, year-round demand, and high-end amenities. You can rent the entire unit or take advantage of its **3-lockout configuration**, which allows for simultaneous bookings, catering to various groups such as families, couples, or solo travelers. The unit accommodates up to 10 guests, with three bedrooms, three bathrooms, three private balconies, and separate living spaces, making it an appealing choice for vacationers seeking comfort and luxury.

Located within the renowned Palmas del Mar resort, this property benefits from steady demand due to its proximity to the beach, pools, golf courses, and dining. The **central air conditioning**, **scent system**, and **fully equipped kitchens** (one main and two kitchenettes) provide added convenience for renters, while the **laundry machines** and **gated community with security** further enhance its appeal. Fully furnished and turnkey, the property is ready for immediate rental opportunities, reducing downtime and upfront costs.

With a range of target markets, including short-term rentals, seasonal travelers, and corporate stays, the property can command premium rates due to its resort-like setting. Additionally, **elevator access** and **ample parking** make it accessible to all ages, minimizing maintenance and hassle for owners. Its versatility allows it to be marketed for luxury vacation rentals, family-friendly getaways, and couples' retreats.

Finally, owning property in Palmas del Mar offers the potential for long-term appreciation, making this unit not only an income-generating asset but also a wise investment in a desirable location.

Location

State PR

County Humacao

Community Las Palmas Doradas

Area 00791 - Humacao

Zoning R

Interior

Interior Features Other

Heating Other

Cooling Central Air

Flooring Other

Furnishings Furnished

Fireplace false

Appliance Other

Laundry Inside

Exterior

Exterior Feature Balcony, Garden

Community Features Golf Carts OK, Stable(s), Restaurant, Tennis Courts, Wheelchair Access

Utilities Available Cable Connected, Other

Roof Type Other

Garage false

Private Pool No

Building

Story 4

Entry Level One

Foundation Other

Sewer Other

Water Private

Structure Type Concrete

New Construction false

Others

Pets Allowed Cats OK, Dogs OK, Size Limit

HOA Fee Include Other

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Monthly Total Fees $986

Membership Fee Required Required

Special Listing Condition None

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Stellar MLS
Listed by ORBITA
Bought with ORBITA

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agent

Mark Gilbo

Broker | License ID: 10491206207

+1(315) 804-4847

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