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About This Home
This 0-bedroom, 0-bathroom commercial at 372 CALLE FULLADOZA in Culebra, is listed for $5,600,000 ($1,400 per sqft). Built in 1990, the home offers 4,000 sqft of living space on a 0.09 acres lot.
This is a rare opportunity to acquire Culebra’s most iconic waterfront restaurant, the famous Dinghy Dock! A truly irreplaceable commercial asset in one of Puerto Rico’s most sought-after island destinations. Situated on the waterfront of Ensenada Honda, this all-concrete landmark building has served the Culebra community, visiting boaters, and tourists for decades. Seating up to 100 diners at a time, customers arrive by boat, dinghy, kayak, and on foot, an experience no other dining destination on the island has. Tables are in demand daily, with a waitlist that speaks for itself. This sale includes the real estate property, all furniture, fixtures, and commercial kitchen equipment. The transferable liquor license adds significant standalone value in a market where new licenses are difficult to obtain. Beyond the restaurant, the property delivers multiple active income streams. An art and jewelry boutique occupies one of the upper-level commercial spaces, bringing additional retail traffic to the property. A fully operating Airbnb unit with a private deck and stunning ocean views provides short-term rental income. An additional commercial space is currently vacant and ready for a new tenant, offering the incoming owner immediate opportunity to expand. This is a turn-key acquisition for an owner-operator or investor seeking an established, iconic restaurant anchored by multiple operating revenue streams in a high-traffic island tourism market. The property is equipped with a solar energy system, backup generator, and water cistern, ensuring the business can continue operating fully and uninterrupted even when island utilities are affected, a critical advantage in the Caribbean market.
Financial statements and full due diligence materials are available to qualified buyers upon execution of an NDA.
Key Features
- Built in 1990
- 0.09 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$29,950/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
372 CALLE FULLADOZA
Culebra, 00775
Features & Amenities
Exterior Features
Property Details
Construction
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 372 CALLE FULLADOZA is listed at $5,600,000 ($1,400/sqft). The estimated monthly payment is $24,267 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 0.09 acre lot, Waterfront. Exterior Features: Waterfront, Dock.
This property is listed by Mitchelle Millet Martinez and can be reached at 7874351493 or culebrasunrise@gmail.com.



