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MLS: 417396

Breakers - Over 1,000 Feet of Sandy Beach

Breakers, Cayman Islands

US$18,000,000

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About this property

Very rare development site with over 1,000 feet of pristine beachfront, high and dry, located on the quiet southern coastline. This site has a considerable 450 feet of depth from the Caribbean Sea, all the way back to the road, allowing ample space for any type of development. An offshore reef safely protects the beach and water area, keeping it tranquil and calm, so perfect for swimming, snorkeling, and watersports, or just casually walking along the water’s edge. For a large hotel/condominium development, as many as 865 bedrooms or 330 condominiums could be built. Another option is to subdivide the site into 5 wide residential parcels of 215 feet each of beachfront, to sell or develop an enclave of ultra-exclusive private residences. A third option would be to land bank this site to hold for capital appreciation, as more and more development heads further east and access to this area becomes faster and easier through a new road. With the expansion of the East-West Arterial bypass highway now planned to access Frank Sound Road, which is just a few minutes away from this site, travel time to and from George Town will soon be minimal. Consider the various options for this unique site. These significant, all beachfront, development sites of this size and quality just don’t exist in Grand Cayman.

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Property details

Breakers - Over 1,000 Feet of Sandy Beach

Status

Current

View

Beach Front

Listing Type

Beach/Hotel/Tourism

Block & Parcel

56C / 6,7,8,9

Acres

13.38

City Water

No

Road Surface

Asphalt

Topography

Fill Needed

Zoning

Low Density residential

Road Frontage

100

Trees

None

Frontage Road

City Maintained

Possession

At Closing

Covenants

No

Direction

Take Bodden Town Road past Breakers and the site is a quarter of a mile before Frank Sound Road to Northside. Look for signs.

Location

Breakers, Cayman Islands

Mortgage estimate

30
18000000.00$
20
5
30

Your estimated monthly mortgage payment

$77,302
Mortgage Size
$3,600,000
Mortgage Interest
$0
Total Mortgage Paid
$14,400,000

*Our Mortgage Calculator lets you estimate your monthly mortgage payment input different house prices, terms, interest rates, and down payments and see varying monthly loan amounts.

Highlights

Land
Type
13.38
Acres
1,085
Width
450
Depth
Current
Status

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