$1,195,000

Behind the gates of Ocean Park, where oceanfront living meets old San Juan charm, sits a singular opportunity for the discerning buyer: 440 square meters of land steps away from the beach in a neighborhood where such offerings rarely come to market. Located at 2052 Calle España, the property currently features an approximately 2,080sq.ft. structure with 4 bedrooms and 3 bathrooms, offering a new owner the flexibility to undertake a substantial renovation or reimagine the site for a new custom development. Either direction is supported by an exceptional neighborhood, walkable streets, proximity to the water, and a setting that has long defined Ocean Park’s appeal. This property’s location and redevelopment potential make it particularly attractive for a luxury custom residence, vacation home, or investment concept. Opportunities to acquire redevelopment properties within Ocean Park are increasingly limited. Just few steps away from the beach and conveniently located minutes from Condado, restaurants, schools, shopping, and San Juan Intl. Airport, 2052 España offers the opportunity to create a distinctive property in an established luxury residential market. Whether envisioned as a custom-built residence or evaluated from an investment perspective, this property represents an opportunity to acquire land in a highly sought-after neighborhood where significant new construction and redevelopment continue to reshape the surrounding area. Property is being offered in its current as-is condition. Any proposed use, redevelopment, construction potential, zoning, permitting, and community requirements should be independently verified by the buyer. Tax incentives may apply to qualified buyers. Proof of funds or bank prequalification letter may be requested prior to showing. Please call now to coordinate a private showing!