Casa Canal, the Ultimate Casa & Rincon's Hidden Jem is a Cash Cow

23 Canal Ave, Rincon, Rincón 677

$2,500,000 After Repair Value -
$2,500,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $2,500,000

After Repair Value $2,500,000

Costs of Repairs $0

Potential Profit $0

Living Area 2600 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 4

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $180,000

Yearly Expenses $20,000

Property Taxes $1,500

Net Operating Income N/A

Cap Rate N/A

Property Description

The Ultimate Casa is located in the exclusive beachfront community of Sea Beach Colony, in beautiful, Rincon, Puerto Rico, well-known for surfing, diving and spectacular sunsets, totally remodeled & renovated to American standards, Casa Canal, is a private Spanish Style Villa, situated on a gorgeous flat 1400 meter ocean/canalfront double lot overlooking one of Rincon’s most pristine beaches. Once you enter through the 10 ft. electronic gate & 10 ft walls, you\'ll experience a breathtaking view of the ocean & canal, pass by the center courtyard & pool with flowing fountain and find yourself inside a tropical landscaped oasis, on the ocean, with only the sound of the wind and waves to sooth your restless soul.Casa Canal offers luxurious accommodations with unique ocean-views. This 3-4 bedroom, 4 bath, Ultimate Casa, is located on the beach/canal with private beach access to the most beautiful swimming beach that Rincon has to offer, has a swim-up pool bar with Flat Screen TV, outdoor restroom/ changing room, (4) hot & cold outdoor showers, back up power and water reserves, there are too many amenities to list !!!!.This property is a spacious 2,600 sq ft, Villa that will sleep up to 10 guests in 2 kings, 1 queen, 2 twin bunks & 1 queen sofa bed, and features, Oceanview Panoramic Windows in the living area, a fully equipped gourmet kitchen w/ granite countertops & stainless steel appliances, (4) flat screen TVs with all the movie channels & DVR, a downstairs handicapped accessible master bedroom with custom tile features, 2 upstairs bedrooms with (3) breathtaking Ocean view balconies, custom hardwood floors & doors , a stunning Ocean View Den that doubles as the 4th bedroom , all the rooms have air conditioning & there are fans throughout the home.Conveniently located close to the Town of Rincon within walking distance to (3) major hotels, many local condos & guesthouses, several restaurants, & great shopping.This fantastic property is available for rent with a 3 day min. stay requirement, all rates are determined on the number of guests, week day rates, Mon-Wed, start at $475 per night & weekend rates, Thurs - Sun, start at $575 per night. Children 2 & under are free.Specializing in Weddings & Special Events, the grounds are available for Weddings, Special Events, Corporate gatherings, etc. of up to 120 guests maximum however you must use our event planner Sarah Rosario at All Events PR !! a 3 day minimum stay is required for events at a rate of $875 per night plus an event fee based on number of guests expected !!!All Prices are subject to change !!!!CALL STU FOR DETAILS !!!l Check out the listing below on VRBO, we are having trouble downloading our photos on this site.


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