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Active - Multi Family for sale

251/253 TETUAN STREET, San Juan, PR

24,250 sqft

Facts & features

Multi Family Property type
442 days on Beycome
1920 Year built
$276 Price/Sqft.
6,808 sqft Lot size

Why you’ll love it

A rare opportunity to own a piece of Puerto Rico’s architectural history awaits at 251 and 253 Tetuan Street in Old San Juan. Designed by renowned Czech architect Antonin Nechodoma and built in 1920, this expansive property was formerly the historic Scotia Bank. The iconic building is offered in a cleaned shell condition, providing a blank canvas for visionary investors to reimagine it as an unparalleled masterpiece with mixed zoning. Spanning five floors with soaring ceilings and a distinctive bank vault in the basement, the building lends itself perfectly to a variety of concepts, including a multi-family or hospitality project. The scale and historic character of the property make it an ideal anchor space in the heart of one of the Caribbean’s most visited destinations. Strategically located at the corner of Tetuan Street and San Justo Street, this prominent building enjoys exceptional visibility and steady pedestrian traffic, just moments away from the bustling cruise port. Once the island’s thriving financial hub, Tetuan Street was home to Puerto Rico’s major banks and remains lined with iconic architecture. Today, it has transformed into a vibrant corridor filled with tourists, shops, and cultural landmarks. This prime corner location places your venture at the intersection of history and opportunity in one of the most dynamic areas in Puerto Rico.

Translating description...

Listings courtesy of PUERTO RICO SOTHEBY'S INTL. REALTY as distributed by MLS GRID.

Listed by: Paula Lapciuc • paula.lapciuc@sothebysrealty.pr • PUERTO RICO SOTHEBY'S INTL. REALTY

Co-listed by: PUERTO RICO SOTHEBY'S INTL. REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: PR9115746 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

Come see by yourself

Affordability

$4,355,000$9,045,000
1%20%
0%90%
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Estimated monthly payment

$33,879/mo

  • Mortgage$33,879
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$5,326,500
Down payment held in escrow$1,340,000
Closing costs$100,500
beycome credit Est.$134,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$134,000 Credit back

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Travel times

About Old San Juan

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$6,700,000 Listed price

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$134,000 Credit back

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