David Shippey
863.521.4517

394 Casa Mariposa Vieques Florida | Home for Sale

To schedule a showing of 394 Casa Mariposa, Vieques, Florida, Call David Shippey at 863-521-4517 TODAY!

$875,000 | 7 beds | 6 full baths | N/A half baths | 3,250 sqft

$875,000 No Recent Price Change
394 Casa Mariposa
Vieques, PR 00765
  • 7Beds
  • 6.00Total Baths
  • 6 Full, 0 HalfBaths
  • 3,250SqFt
  • 2006Year Built
  • 0.27Acres
  • MLS# PR9104790
  • Residential
  • Villa
  • Active

  • Approx Time on Market7 months, 1 day
  • Area00765 - Vieques
  • CountyVieques
  • Subdivision Villa Borinquen

Overview

Calling all investors: High cap rate with tons of flexibility. This is a rare deal in Vieques.Multi-unit building in Villa Borinquen, Vieques, PR with expansive views. In addition to an attractive return on investment, this building is perfectly setup for an investor to qualify for the bed and breakfast tax credit or guest house tax credit in Puerto Rico, resulting in 30-40% of overall acquisition costs paid back to the investor over the course of 3-4 years. Ask the seller for more details.This building was fully renovated in 2022-2023 including: adding units, updating all bathrooms and kitchens, new tile, updating paint, concrete work, air conditioning,plumbing upgrades including the addition of hot water throughout the units, electric upgrades, new furniture, installation of water pressure pump, addition of cisterns for water storage, addition of solar,and upgrading the pool.The property sits on .27 acres of land on a dead-end street, with mature fruit trees, flowers, and a fully fenced in yard. The 180-degree views of the ocean, Puerto Rico, St. Thomas, and St John make for the perfect Caribbean setting while enjoying ever-present breezes from the rooftop terrace.All units share a common pool, outdoor kitchen, fenced in back yard, and barbeque. All units have air conditioning in every room, including common areas.The 4 units are as follows:Unit 1Three (3) bed, three (3) bath, living room, dining room, full kitchen, kitchenette, screened in porch, front porch, laundry, and private rooftop.Unit 2 (downstairs): Two (2) bed, one (1) bath, living room, dining room, full kitchen, laundry, and private patio.Unit 3 (downstairs): Poolside studio, kitchenette, bath, laundry, and screened porch.Unit 4: Studio casita, kitchenette, bath, private rooftop. Can be rented with unit 1 as a 4-BR BnB.



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Community Features:  None

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  6.00

Fullbaths:  6

Building Info

Roof:  Concrete

Building Area Source:  Owner

Buyer Compensation

Exterior Features

Pool Features:  Gunite, InGround

Patio:  Balcony

Pool Private:  Yes

Exterior Features:  Balcony, Courtyard, Garden, Lighting, OutdoorGrill

Fees / Restrictions

Financial

Original Price:  $875,000

Disclosures:  None

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Floors:  CeramicTile

Levels:  Two

Spa:  No

Laundry Features:  LaundryCloset

Interior Features:  EatinKitchen, HighCeilings, LivingDiningRoom, OpenFloorplan

Appliances:  Dryer, Dishwasher, Freezer, Range, Refrigerator, Washer

Lot Info

Direction Remarks:  Take 200 past the High School then take your next left near the emergency dispatch center. Follow the road to the next intersection and turn left. Take the next right turn to the top of the hill and turn right. The house is at the end of the road on the left.

Lot Size Units:  Acres

Lot Size Acres:  0.27

Lot Sqft:  11,861

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Class Type:  Villa

Property Sub Type:  Villa

Property Attached:  No

New Construction:  No

Construction Materials:  Block, Concrete

Stories:  2

Mobile Home Remains:  ,No,

Foundation:  Block, ConcretePerimeter, Slab

Home Warranty:  ,No,

Human Modified:  Yes

Room Info

Total Rooms:  3

Sqft Info

Sqft:  3,250

Bulding Area Sqft:  3,250

Living Area Units:  SquareFeet

Living Area Source:  Owner

Tax Info

Tax Year:  2,023

Tax Lot:  394

Tax Legal Description:  Located in barrio Villa Borinquen

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric On Property:  ,No,

Heating:  None

Water Source:  Public

Sewer:  SepticTank

Cool System:  Ductless

Cooling:  No

Heating:  No

Utilities:  ElectricityConnected, Propane, WaterConnected

Waterfront / Water

Waterfront:  No

View:  Yes

View:  Ocean, Water

Directions

Take 200 past the High School then take your next left near the emergency dispatch center. Follow the road to the next intersection and turn left. Take the next right turn to the top of the hill and turn right. The house is at the end of the road on the left.

This listing courtesy of Bravos Boyz 

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Price & Status History (on davidshippey.com since Thu, Feb 22nd 2024)
  • Original Price: $875,000
  • Current Price: $875,000
  • Price Reduced: $0
Date ChangedFromTo
07/16/2024PendingActive
03/21/2024ActivePending

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If you have any questions on 394 Casa Mariposa, Vieques, Florida, please call David Shippey at 863-521-4517.


MLS# PR9104790 located at 394 Casa Mariposa, Vieques, Florida is brought to you by David Shippey REALTOR®

394 Casa Mariposa, Vieques, Florida has 7 Beds, 6 Full Bath, and 0 Half Bath.
The MLS Number for 394 Casa Mariposa, Vieques, Florida is PR9104790.
The price for 394 Casa Mariposa, Vieques, Florida is $875,000.
The status of 394 Casa Mariposa, Vieques, Florida is Active.
The subdivision of 394 Casa Mariposa, Vieques, Florida is Villa Borinquen.
The home located at 394 Casa Mariposa, Vieques, Florida was built in 2024.

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