For a better view of the website, update your browser.
Those browsers has new features built to bring you the best of the web.
MLS: 413920

300' of Beach, Frank Sound Perfect for Estate, Resort or Development Site

Midland East, Cayman Islands

US$3,495,000

Share Property

About this property

This rare, stunning 2.42 acre parcel offers a multitude of development opportunities. Featuring 300’ of south-facing beachfront with a continual breeze from the southeast, this property is zoned Low-Density Residential and can accommodate up to 58 bedrooms, 36 condos or apartments, 4 duplexes, or a private estate home with a large home, pool, tennis court, guest houses and more.

Located on Seaview Road and 25-35 minutes from Seven Mile Beach, this land, which can be developed in phases, provides a tranquil and relaxing feel away from it all. The depth of the site is over 350 feet creating good separation from the road and any noise. It is the perfect lot for multiple units, with a common building for events, weddings, and anniversaries. It can have the widest range of guests to which to cater. Enjoy snorkeling and fishing in a reef-protected area that also touts a channel to go outside of the reef so there is a potential to build a dock and run a beach resort and/or dive business.

There is a natural sand elevation of about 12 feet. With the government’s permission, there may be an opportunity to exchange some of the sand for Marl. There is currently a $10-20 / yard price difference. As infrastructure is moving out this way and it will be easier to get in and out of town once the new bypass extension is completed, this land is a great investment.

You don’t want to miss out on this opportunity, call now!

Show More ...

Property details

300' of Beach, Frank Sound Perfect for Estate, Resort or Development Site

Status

Pen/Con

View

Beach Front, Beach View

Listing Type

Low Density Residential

Block & Parcel

59A / 269

Acres

2.42

City Water

No

Road Surface

Asphalt

Soil

Rock

Topography

Hillside

Zoning

Low Density residential

Trees

Heavily Wooded

Frontage Road

Private

Possession

At Completion

Covenants

No

Direction

Located immediately before Casa Tortuga Property at 310 Seaview Road.

Location

Midland East, Cayman Islands

Mortgage estimate

30
3495000.00$
20
5
30

Your estimated monthly mortgage payment

$15,010
Mortgage Size
$699,000
Mortgage Interest
$0
Total Mortgage Paid
$2,796,000

*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
2.42
Acres
301
Width
359
Depth
Pen/Con
Status

Interested in this Property?

*Denotes Required Inputs

We use cookies

to give you the best experience Privacy Policy.