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MLS: 418085

Spotts Huge Seafront Site - Next to Wellness Park

Spotts, Cayman Islands

US$4,750,000

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About this property

This is a picturesque location in Spotts within a very peaceful and tranquil area, directly on the Seafront and next to a huge wellness park that is planned by government – so, a desirable and natural attraction right next door for any development on this parcel. Nice deep and wide parcel with good acreage and favourable zoning of Beach Resort/Residential. The expansion of commercial and residential development has now reached the edge of Spotts, as Cayman’s population continues its rampant growth. Prime Seafront sites like this, selling for way below current value, yet still close to George Town and Seven Mile Beach are extremely rare. Invest in this parcel to develop or just land bank it for capital appreciation as this area continues to grow. You definitely will not find a better location and value! Agent Owned.

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Property details

Spotts Huge Seafront Site - Next to Wellness Park

Status

Current

View

Water Front

Listing Type

Beach Resort Residential

Block & Parcel

25B / 493

Acres

4.30

City Water

No

Road Surface

Asphalt

How Shown

Drive by

Soil

Marl

Topography

Level

Zoning

Low Density residential

Road Frontage

100

Frontage Road

Private

Possession

At Completion

Covenants

Yes

Direction

Shamrock Road past Ocean Club and just East of South Shore Condominiums.

Location

Spotts, Cayman Islands

Mortgage estimate

30
4750000.00$
20
5
30

Your estimated monthly mortgage payment

$20,399
Mortgage Size
$950,000
Mortgage Interest
$0
Total Mortgage Paid
$3,800,000

*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
4.30
Acres
450
Width
475
Depth
Current
Status

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