Under Contract $1,250,000 USD - Undeveloped Land, Commercial Land and Businesses
This prime beach lot in the Tres Cocos area is an attractive development parcel! The property is conveniently located 1/4 mile North of the San Pedro River bridge. This parcel features access to the main road as well as direct access to the Caribbean Sea. The beachfront measures 140 feet wide with a sturdy concrete seawall to protect the property from erosion and accumulation of sargasso seaweed. This parcel also offers a depth of 150 feet and excellent visibility for a business venture. Viable options include a small resort or boutique hotel. The spacious lot would also be a lovely site for a large private residence. Mature trees add to the sandy landscape making the property exactly what you would imagine a Caribbean paradise would be.
Construction costs in this area are affordable and reasonable. The road access also enables your building contractor to conveniently deliver materials to the site. The land has high elevation, which is also a construction cost saver.
Highly sought after for years, the Tres Cocos area offers great investment potential. Private homes, high end resorts and restaurants as well as grocery stores are all in close proximity. The neighborhood is also less than a mile from the center of town. This prime beach lot in Tres Cocos is a perfect location for you to be close enough to the all of the attractions of town including shopping, entertainment and night life yet far enough from the bustle of town to enjoy the tranquility of the island life.
Contact us at Sunrise Realty to discuss this incredible development property!