TROPICAL GARDENS FIXER UPPER WITH GREAT POTENTIAL!

  • $595,000
Prospect, Cayman Islands
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Garage
  • 2950
  • Sq Ft
  • 1973
  • Year Built

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

Description

This gutted-to-the-studs home is a rare opportunity for those looking to create their dream property from the ground up! With a solid foundation and brand-new septic system already in place, the hard part is done. This blank canvas is ready for your vision—whether you’re an experienced builder, DIY enthusiast, or investor looking for your next project.

Situated on a .3-acre lot, the home is prepped for a stunning transformation. Customize the floor plan, finishes, and every detail to match your style. With endless potential, this house can become a one-of-a-kind gem in a peaceful location.

Planning has approved plans to expand the house to over 3800 sf including a second level, and a pool. A second plan application has been submitted to make the single family into a duplex so this property could be whichever you prefer and plans for both options would convey with the sale.

In addition to this, there is a separate studio apartment on the property that will produce income!

Key Features:

Gutted interior, ready for renovation

Sturdy foundation in excellent condition

Brand-new septic system installed

Quiet dead-end street in good neighborhood, with great neighbors.

Approved plans for increasing to 3800 SF home.

Rentable studio apartment on site.

Whether you’re looking to flip, build your forever home, or design a weekend retreat, this property offers an unbeatable opportunity to get creative and add value.

Don’t miss out on this appealingly priced, high-potential project!

For more details or to schedule a showing, contact us today.

Details

Updated on October 9, 2024 at 8:49 pm
  • MLS#: 418280
  • Price: $595,000
  • Property Size: 2950 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 3
  • Garage: 1
  • Year Built: 1973
  • Property Type: Residential
  • Property Status: New

Additional details

  • Views: Garden View
  • Lot Size: 0.3000
  • Pool: No
  • Den: No
  • Foundation: Slab
  • Furnished: No
  • Zoning: Low Density residential
  • Block: 22E
  • Parcel: 50
  • Address Tropical Lane
  • City Prospect
  • 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.

TROPICAL GARDENS FIXER UPPER WITH GREAT POTENTIAL!

  • $595,000
Prospect, Cayman Islands
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Garage
  • 2950
  • Sq Ft
  • 1973
  • Year Built

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

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