Paseo La Balandra, Cerro Gordo Sector, Sabana Ward

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Address: Paseo La Balandra, Sabana, Vega Alta 00692, Puerto Rico
Florida & Gulf Coast + Apartment Buildings
Created date: February 20, 2026
Date last updated: October 2, 2026
Price: $675,000Investment Analyzer NEW!
  • Site Area: 1,683 square meters, equivalent to 18,116 square feet
  • Topography: level, at street grade
  • Flood Classification: X (non-floodable)
  • Zoning: RT-I (medium density residential-tourist)
  • Coordinates: 18.481323N; -66.346139W
  • Tax Code #: 018-055-026-07-001
  • Annual Property Tax Expense: $835.02
  • Improvements: 2-story residential structure comprising 1,488 square feet of gross living area (GLA)

Property Description

This two-story residential structure offers 1,488 square feet of gross living area, situated on a spacious 1,683 square meter (18,116 square foot) site. Located directly across from the iconic Cerro Gordo Beach, the property presents a rare re-development opportunity in one of Puerto Rico’s most desirable coastal settings. Its lot size allows for flexibility, whether the vision is to redevelop into a modern beachfront multifamily property, short-term rental destination, or a boutique hospitality concept. The existing structure provides a foundation for renovation or expansion, while the site’s zoning and location make it attractive for investors seeking long-term value and appreciation in a growing tourism-driven market. With its proximity to the sand and unobstructed access to ocean breezes, the property represents a truly unique canvas for redevelopment.
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Broker Details

Gabriel Piñol-Ferrer
Gabriel Piñol-Ferrer

Christiansen Commercial Real Estate 787-778-7000

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $675,000
No. of Units: 1
Opportunity Zone: No
Price per unit: $675,000
Property Website Click Here
Address: Paseo La Balandra, Cerro Gordo Sector, Sabana Ward , Vega Alta, PR 00692, USA
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