A rare opportunity to acquire a fully restored 21,899 SF historic landmark in the heart of Old San Juan. Originally built in 1913 as Cine Luna, this unique building has been meticulously rehabilitated by Universidad Carlos Albizu, blending architectural heritage with modern institutional infrastructure. The ground level features a restored theater—ideal for screenings, lectures, performances, and corporate events—along with a welcoming reception area and a spacious interior patio suited for gatherings and programming. An elevator and central stair connect the second and third floors, offering flexible office areas with private offices, conference room(s), and expansive open workspaces. With its scale, condition, and versatility, 205 Luna is exceptionally positioned for a cultural and innovation campus, educational center, creative headquarters, professional offices, or a signature event venue. A turnkey asset with rare character, presence, and functionality—ready for its next chapter.

Tucked into the established beachside enclave of Villamar in Isla Verde, this single-level residence captures the relaxed rhythm of a neighborhood that has evolved from a tranquil seaside community into one of the area’s most desirable coastal addresses. Set just south of Isla Verde’s main thoroughfare, Villamar maintains its easygoing residential feel, with beloved local spots such as Panadería España nearby and convenient access to Isla Verde Beach, the airport, and San Juan’s resort corridor—an ideal setting for both full-time living and short-term rental use. The main residence features a front balcony and fenced yard, four bedrooms and three bathrooms, a fully renovated kitchen, and open living spaces that flow to a covered terrace for effortless indoor-outdoor living. At the rear, a separate casita with its own kitchen provides independent accommodations suited for guests, extended family, or rental income. The backyard terrace includes an above-ground pool and bar area, while a long covered carport offers ample space for vehicles and beach gear. A backup battery system provides energy, reliability and peace of mind. With its laid-back coastal atmosphere and flexible layout, this Villamar property offers a rare opportunity to enjoy the charm of Isla Verde’s original beach community with modern comfort and income potential.

OPEN HOUSE: FRIDAY, MARCH 20, 11AM-2PM | Concrete. Light. Ocean. An exercise in tropical modernism with restrained brutalist undertones, this sand-level residence in Surfside at Palmas del Mar was conceived with a clear architectural point of view. Exposed concrete, natural wood, stone, and expansive glass create a structure that is intentional, textural, and quietly powerful. Within Palmas del Mar—where most homes sit elevated above the coastline—only a select few are positioned directly at the level of the sand. This is one of them. Set beside a discreet cove known primarily to neighboring residents, the home exists in immediate relationship to the Atlantic. The ocean is not a distant backdrop; it is a constant presence—audible, palpable, and steps away. Upper terraces capture glimpses of blue beyond the palms. Inside, dramatic double-height volumes wrapped in glass invite shifting light across raw concrete surfaces. A sculptural natural wood staircase anchors the main living space. The kitchen integrates paneled appliances and porcelain slab countertops within a restrained architectural palette. The main residence offers three en-suite bedrooms with walk-in closets, including a spacious primary suite with private terrace access. A detached guest suite with independent entrance adds flexibility. Full power generator. The architectural framework is complete; the surrounding grounds present an opportunity for curated landscape and pool integration. A commissioned design concept is available. Offered at $2,500,000.

OPEN HOUSE: FRIDAY MARCH 20, 11AM-2PM | Concrete. Light. Ocean. An exercise in tropical modernism with restrained brutalist undertones, this sand-level residence in Surfside at Palmas del Mar was conceived with a clear architectural point of view. Exposed concrete, natural wood, stone, and expansive glass create a structure that is intentional, textural, and quietly powerful. Within Palmas del Mar—where most homes sit elevated above the coastline—only a select few are positioned directly at the level of the sand. This is one of them. Set beside a discreet cove known primarily to neighboring residents, the home exists in immediate relationship to the Atlantic. The ocean is not a distant backdrop; it is a constant presence—audible, palpable, and steps away. Upper terraces capture glimpses of blue beyond the palms. Inside, dramatic double-height volumes wrapped in glass invite shifting light across raw concrete surfaces. A sculptural natural wood staircase anchors the main living space. The kitchen integrates paneled appliances and porcelain slab countertops within a restrained architectural palette. The main residence offers three en-suite bedrooms with walk-in closets, including a spacious primary suite with private terrace access. A detached guest suite with independent entrance adds flexibility. Full power generator. The architectural framework is complete; the surrounding grounds present an opportunity for curated landscape and pool integration. A commissioned design concept is available. Offered at $2,500,000.

Palms, stone paving, and wooden galleries define the center of this Spanish Colonial building on San José Street. From the apartment’s living room and bedroom, large doors open directly onto this shared courtyard, creating a connection between interior and exterior space that is increasingly difficult to find in Old San Juan. Located on the ground floor, it occupies one of the building’s quieter positions, facing the courtyard rather than the street. The atmosphere is shaped as much by the architecture around it as by the apartment itself: tropical foliage just beyond the threshold, open-air galleries above, and the changing light that moves through the courtyard throughout the day. The interior feels larger than its footprint would suggest. Ceilings rising 16 feet overhead bring an unexpected sense of volume and light to the space. A renovation completed several years ago introduced a modern kitchen, updated bath, air conditioning throughout, and contemporary finishes that complement the building’s historic fabric without competing with it. The apartment is offered fully furnished and ready for immediate occupancy. Whether intended as a residence, a pied-à-terre, or a rental property, the next owner can begin enjoying it from day one. Its location places some of Old San Juan’s most frequented destinations within a short walk. Plaza de Armas, Hotel El Convento, neighborhood cafés, restaurants, and San Sebastián Street are all nearby. Short-term rentals are permitted.