Fractional Ownership. Beautiful beach home located in the peninsula of “Las Picuas” on the northeast coast of Puerto Rico, right between two of the best resorts on the island, the Wyndham Grand Rio Mar Golf & Beach Resort and the Hyatt Regency Coco Beach resort. Just a few steps away from the beach, overlooking to the east, this two units multifamily features approximately 1800 sq.ft. of living area with nice ocean views and constant breeze. The first floor consists of one bedroom, two and a half bathrooms, kitchen, dining and living room, and a covered terrace. The second floor features three bedrooms, one bathroom, a kitchen, dining and living room and a covered terrace with ocean view. A third floor is ready for you to to remodel to your liking either for additional living area and/or entertaining area such as a huge open terrace with BBQ, sun deck tanning, jacuzzi, and capture stunning sunrises with more ocean view. There is an additional concrete structure used as a storage and laundry in the backyard. This property is a great investment opportunity to live by the ocean and/or to generate short term rental income. "Las Picuas" is among the few natural treasures the island offers that are still unexplored by lot of people. There is a natural reef barrier surrounding and protecting the shore and beaches which makes it an ideal spot for snorkeling, kitesurfing, paddle boarding, kayaking, fishing and more. Short driving distance to El Yunque National Rainforest, Luquillo famous food kiosks, Hacienda Carabali adventure park, major shopping malls and San Juan airport. CASH DEAL only applies. Owners are selling a common and undivided participation of 0.8406% of a 25 acres parcel. Please call for more information and coordinate a private appointment.