SPOTTS PRIME DEVELOPMENT OPPORTUNITY

  • $7,500,000
Spotts, Cayman Islands

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

Description

This property offers exceptional development potential, perfectly suited for a large-scale residential project. With a natural lake/pond on site, you have the added benefit of easily sourcing fill for the entire property. The un-improved easement off the East/West Bypass provides direct road access, enhancing the convenience of future development.

Zoned for low-density residential use, the property is ideal for creating approximately 120 house lots, each with significant retail value. Alternatively, it could be developed into a middle-income housing community, offering tremendous investment potential in a growing area.

Details

Updated on October 18, 2024 at 11:48 am
  • MLS#: 418327
  • Price: $7,500,000
  • Property Type: Land
  • Property Status: New

Additional details

  • Views: Garden View
  • Lot Size: 48.0000
  • Soil: Black
  • Zoning: Low Density residential
  • Block: 24D
  • Parcel: 13REM1
  • City Spotts
  • Area 40
  • Country Cayman Islands

Mortgage Estimate

Your estimated monthly mortgage payment:
Monthly
  • Principal & Interest

Additional fees such as C.I Government Stamp Duty, bank commitment fees, and other minor closing fees could be added onto final purchase price.

Talk to one of our experience Corcoran agents who will guide you through your purchasing journey.

SPOTTS PRIME DEVELOPMENT OPPORTUNITY

  • $7,500,000
Spotts, Cayman Islands

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

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