5BR SINGLE FAMILY HOME WITH FOURPLEX

  • $1,150,000
Spotts, Cayman Islands
  • 9
  • Bedrooms
  • 9
  • Bathrooms
  • No
  • Garage
  • 3851
  • Sq Ft
  • 2022
  • Year Built

CIREBA MLS LDX feed courtesy of CENTURY 21 THOMPSON REALTY

Description

Nestled in the sought-after Spotts area, this stunning 5-bedroom family home is a rare gem, offering an exceptional investment opportunity. Set on a spacious lot adorned with mature fruit trees, this property boasts a beautiful screened back patio, a refreshing swimming pool, and a newly constructed fourplex – all fully furnished and turnkey.

Key Features:
• 5 Bedroom Family Home: Built in 2021, this modern home is designed for comfortable family living with ample space, contemporary finishes, and abundant natural light.
• Fourplex: Constructed in 2023, consisting of four individual units, each approximately 570 SF, providing a steady stream of monthly rental income.
o Long-Term Rental: Each unit is currently rented at $1600 per month, ensuring consistent demand and cash flow.
o Short-Term Rental: Units are also highly sought after for short-term rentals, generating CI $125 per night – and an attractive 80% occupancy rate.
• Turnkey Investment: Both the main home and the rental units have planning approval and come fully furnished, making this property ready for immediate occupancy or rental without any additional investment.
• Outdoor Living: Enjoy the private screened back patio and swimming pool perfect for relaxing evenings or family fun.
• Location: Situated in a quiet, family-friendly neighbourhood within in minutes to schools, supermarkets, shopping centers, restaurants, and more.

This property is not just a home, but an income-generating asset. With turnkey rental units already producing significant returns, this is an incredible opportunity for investors looking to diversify their portfolio with a high-demand, low-maintenance rental property in a desirable location.

Don’t miss out on this unique opportunity to own a beautiful family home with a lucrative rental component in the peaceful Spotts area. Contact me today!

Details

Updated on September 10, 2024 at 5:49 pm
  • MLS#: 418038
  • Price: $1,150,000
  • Property Size: 3851 Sq Ft
  • Bedrooms: 9
  • Bathrooms: 9
  • Garage: No
  • Year Built: 2022
  • Property Type: Residential
  • Property Status: Current

Additional details

  • Views: Garden View
  • Lot Size: 0.2800
  • Pool: Yes
  • Den: Yes
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: Low Density residential
  • Block: 25C
  • Parcel: 457
  • Address Quartz Court
  • 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.

5BR SINGLE FAMILY HOME WITH FOURPLEX

  • $1,150,000
Spotts, Cayman Islands
  • 9
  • Bedrooms
  • 9
  • Bathrooms
  • No
  • Garage
  • 3851
  • Sq Ft
  • 2022
  • Year Built

CIREBA MLS LDX feed courtesy of CENTURY 21 THOMPSON REALTY

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