$795,000
$818,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
297 FLAMBOYAN Vieques, PR 00765
12 Beds
14 Baths
4,500 SqFt
Key Details
Sold Price $795,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $176
Subdivision Esperanza
MLS Listing ID PR9092556
Sold Date 01/14/22
Bedrooms 12
Full Baths 12
Half Baths 2
Construction Status Completed
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Condo - Hotel
Property Description
One of a select few inns on the island of Vieques endorsed by the Puerto Rico Tourism Company, consistently top rated by travelers, this exceptional and unique Guesthouse is located a few minutes walk from the Esperanza boardwalk and Coconut Beach.
Consistent with the island's laid back lifestyle, the passionate and hard working sellers have taken pride in creating and operating…”The world's Okayest Guesthouse.” Far beyond just “Ok”, this property is a mere 350 steps from the Caribbean Sea, has 3 Floors Plus a Rooftop Observation Deck (complete with field glasses) with expansive views of the Caribbean Sea, inland hills and the fishing village of Esperanza.
The Vieques Guesthouse currently has 12 Units in total, all with full private bathrooms, TV's, microwaves, refrigerators and locking security safes. All units combined, the total capacity is 34 guests, making it one of the largest bed and breakfasts on the island.
Extensive Upgrades and Renovations within the past 5 years include: New tile, kitchen countertops, appliances, air conditioners, toilets, sinks, fans, new windows and exterior doors, and electrical upgrades throughout. Furniture, linens, mattresses, window screens are also new within the last two years.
The ground floor main entrance conveniently welcomes guests into an open, air conditioned space configured as a lobby, lounge, social area, gym and front desk.
A fully modernized and upgraded owner's studio apartment can be also be found on the ground floor with both a private entranceway and an additional interior adjoining entrance to the shop/lobby space. This space could easily be converted and used for food prep and certified kitchen space for event catering or a restaurant.
The past owners have secured a liquor license for the 750 sq ft frontage commercial space, so converting to a small restaurant/bar is quite possible. “Public” his and her bathrooms, additional covered and uncovered outdoor seating, extra storage as well as a fully handicap compliant, wheelchair accessible room and private bathroom complete the ground floor.
The 2nd floor has a recently remodeled, fully air conditioned 2 bedroom oceanview apartment and three additional guest rooms. The 3rd floor has an inviting covered porch with water views, a single bedroom apartment with full kitchen and five additional units, all with private bathrooms. The rooftop observation deck occupies the 4th floor.
A fully integrated, whole-property Generator (35KW) and 400 gallon backup water cistern are at the ready to keep guests satisfied and owners calm and secure in any situation. An on-site Ubiquiti Camera System offers security, comfort and confidence while guests are away using the uniform inventory of beach gear/outfitting (with enough for every unit).
Guest satisfaction is evident across all reservation portals and social media and the highly visible branding is included in the sale. Vieques Guesthouse is ranked #1 B and B spot on Tripadvisor and Exceptional ratings on Expedia and Booking.com. Sellers take pride in the relaxed and fun atmosphere and will ensure a low stress transition by making themselves available for several months after sale. Come take possession of your Vieques future as new owners of The Vieques Guesthouse.
New secure grade doors and windows and keyless door locks installed on all units in Feb 2021.
Location
State PR
County Vieques
Community Esperanza
Zoning MB
Rooms
Other Rooms Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters
Heating None
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile, Tile, Wood
Furnishings Turnkey
Fireplace false
Appliance Refrigerator
Laundry Corridor Access, Inside, Upper Level
Exterior
Exterior Feature Balcony, Outdoor Shower
Parking Features Guest, Off Street
Community Features Wheelchair Access
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Available
View Water
Roof Type Concrete
Porch Covered, Front Porch, Patio, Porch, Side Porch
Garage false
Private Pool No
Building
Story 3
Entry Level Three Or More
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Block,Concrete
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
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