Home » Puerto Rico » RIO GRANDE » Ocean Villas RIO MAR BLVD #8592-93, RIO GRANDE, PR 00745 | PR9103847

Ocean Villas RIO MAR BLVD #8592-93, RIO GRANDE, PR 00745 | For Sale

$965,000

Property Highlights

Listing ID PR9103847 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,449 Sqft/134.62 m2 approx. Building Area 1,449 Sqft/134.62 m2 approx. COMMUNITY POOL Year Built 2001 Waterfront Time of this property on Rebonus 244 Day(s)
29 Photos of this Property

Ocean Villas RIO MAR BLVD #8592-93, RIO GRANDE, PR 00745

Property Description: Highly sough after 2 bedroom/ 2 bath Penthouse with beautiful beachfront views at the Ocean Villas building and within the grounds of the Wyndham Grand Rio Mar Resort. The unit is on the top floor and is a corner unit. It is also the best layout since the living area and BOTH bedrooms face the beach. It also features 2 beachfront balconies (one off the living room and the other off the master bedroom). The building offers direct access to the beach, 3 beachfront pools, 2 hot tubs, and beautiful green areas. This is also the only building within the Wyndham Rio Mar Resort that is legally allowed to do short term rentals (Airbnb) which makes for an excellent investment opportunity. Also available to be sold fully remodeled for $1,200,000. The Wyndham Rio Mar Resort is a 500-acre security gated beachfront community with a hotel, golf courses, tennis courts, restaurants, bars, casino, and spa.

Useful Info

Calculated List Price By SqFt (approx):$666
Original List Price:$965,000
Previous Status:Expired

Measures

Living Area Source:
  • Public Records
Building Area Total in Square Meters m2:134.62
Living Area in Square Meters m2:134.62

Land Lot (Parcel) Details

Lot Features:
  • On Golf Course
  • Near Golf Course

Construction

Property Condition:
  • Completed
Levels:One
Construction Materials:
  • Concrete
Flooring:
  • Carpet
  • Ceramic Tile
Number of stories:5
Foundation Details:
  • Concrete Perimeter
Flood Zone Code:X
Floor Number:5
Property Description:
  • Corner Unit
  • Penthouse

Property Features

View from the Property:
  • Pool
  • Water
  • Mountain(s)
Waterfront:Yes
Waterfront Features:
  • Beach Front
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Freezer
  • Electric Water Heater
  • Exhaust Fan
  • Range
Interior Features:
  • Ceiling Fans(s)
  • Living Room/dining Room Combo
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Crown Molding
  • Primary Bedroom Main Floor
Exterior Features:
  • Balcony
Roof:
  • Concrete
Laundry Features:
  • Inside
  • Laundry Closet
Air Conditioning System:
  • Mini-split Unit(s)
Property Entrance Faces:
  • East
Building Elevator:Yes
Water Access:Yes
Water Access Features:
  • Beach
Water View:Yes
Water View Details:
  • Beach

Taxes and Expenses

Association Fee:$1,348
Association Fee Frequency:
  • Monthly
Association Fee 2nd HOA:$204
Association Fee 2nd HOA Frequency:
  • Quarterly
Total Annual Fees:$16,992
Total Monthly Fees:$1,416

Terms

Occupant Type:
  • Tenant
Lease Considered:Yes

Community

Association:Yes
Minimum Lease Term:
  • 1-7 Days
Road Surface Type:
  • Asphalt
Pets Allowed?:
  • Yes
  • Dogs Ok
Max Pet Weight:100
Amenities Provided by the Homeowner's Association (HOA):
  • Elevator(s)
Building Name:OCEAN VILLAS
Subdivision Name:OCEAN VILLAS, WYNDHAM GRAND RIO MAR
Community Features:
  • Sidewalks
  • Pool
  • Golf
  • Playground
  • Restaurant
  • Golf Carts Ok
  • Gated Community - Guard
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Pest Control
  • Security
  • Maintenance Structure
  • Insurance
  • Pool
  • Recreational Facilities
  • Escrow Reserves Fund
  • Management
Senior Community:No
Development Name:WYNDHAM RIO MAR
Association Management:Ocean Villas Owner's Association
2nd Association Management:Rio Mar Communities
Association Fee Required:
  • Required

Parking

Garage Spaces:0
Carport Spaces:1
Parking Features:
  • Assigned
Carport:Yes

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Connected
  • Cable Connected
  • Broadband/High Speed Internet Available
Water Source:
  • Public

Zoning and Legal

Real Estate Folio Number (Parcel Number):091-049-530-02-030
Zoning:R
Title to the property is held by owner as:
  • Fee Simple

Listing History

Update/EventDate/Days
Published Date:December 31, 2023 10:18 pm
On Market Date:December 31, 2023
Listing Contract Date:December 31, 2023
Status Last Changed:May 3, 2024 11:46 pm
Photos Last Modified:May 3, 2024 11:39 pm
Last Modified:May 3, 2024 11:47 pm
Days on the Market (updated on Last Modified*):121
Cumulative Days on the Market (updated on Last Modified**):121

Additional Information

Pet Restrictions:There is no Pet Weight restriction to the owner's knowledge.
Additional Lease Restrictions:AIRBNB/ Short term rentals allowed. The Ocean Villas is the ONLY community inside the Wyndham Rio Mar Resort that is legally allowed to do Airbnb/ Short term rentals.
Number of Photos Count:29
Area:00745 - Rio Grande
Ref ID:MFR711375675
Automated Valuation Display:Yes
Courtesy of:CAUTINO REAL ESTATE
Attribution:787-635-1273
Universal Property Id:US-72119-N-09104953002030-S-8592-93

Location

Show Property Address:Yes
Street Name:RIO MAR
Street Number:Ocean Villas
Street Address:Ocean Villas RIO MAR BLVD #8592-93
Unit Number:8592-93
City : RIO GRANDE
State : Puerto Rico
Zip Code : 00745
County : Río Grande
Full Address:Ocean Villas RIO MAR BLVD #8592-93, RIO GRANDE, PR 00745
Latitude:N18° 23' 25.3''
Longitude:W66° 14' 31.1''

Property Map

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