Casa Panama - 524 Comm Santa Maria

$ 475,000

Casa Panama – 524 Comm Santa Maria

Agent: Shaly Cruz

4 Bedrooms

3 Bathrooms

1,899 sqft

Single Family Residence

0.26 acres lot

$250/sqft

Description:

CASA PANAMA is a multilevel single home residence in Santa Maria, Vieques and great investment property for anyone looking for their next project. This home offers 4 bedrooms, 3 bathrooms, and approximately 1,899 square feet of interior living space on a 0.26-acre lot. Located at the end of a dead-end street, the property is within walking distance of Isabel II, restaurants, shops, grocery stores, and the ferry terminal. A second entrance around the parcel provides gated access to a small workshop/garage. Approximately 660 square feet of additional unfinished space, currently used for dry storage, offers possibilities for future improvements. The multilevel layout and separate access points present potential for reconfiguring the property into two to four units, subject to permits. Partial ocean views are visible from the west side, including one bedroom, with more expansive ocean views from the rooftop. An unfinished rooftop gathering area offers an opportunity to complete the former owner’s vision for an outdoor family space. As a bonus, mature mango and quenepa trees complement the grounds. Repairs and renovations are needed throughout, but the home can be lived in while the work is done.