Residence at the Park unit sells for $2,550,000, 61% above 2021
Apartment 10 at The Residence at the Park, 85 Calle Cervantes, Santurce, San Juan sold to a private buyer for $2,550,000 in a deed recorded on June 18, 2026. The 272.76-square-metre unit last sold on April 8, 2021 for $1,580,000, so it changed hands for $970,000 more, a 61% rise in a little over five years.
The June 2026 sale works out to about $9,349 per square metre, against about $5,793 per square metre in the April 2021 sale. Between the two, a deed recorded on May 18, 2023 passed the unit to the seller, and the property registry records that deed as an assignment rather than a sale.
The apartment was first advertised on February 18, 2026 at $3,150,000, as the listing shows. It sold 120 days later for $600,000, or 19%, below that first asking price.
How the building has traded
Units of the same size in the building have sold for less. Apartment 8 sold for $1,275,000 in a deed recorded on June 13, 2019, and another unit of 272.76 square metres sold for $1,750,000 in a deed recorded on November 18, 2024.
The June sale is $800,000 above that November 2024 deed, the highest price on record for a unit of that size in the building.