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CIREBA MLS LDX feed courtesy of INTERNATIONAL REALTY GROUP

RARE OCEANFRONT DEVELOPMENT OPPORTUNITY | SOUTH CHURCH STREET | 0.9 ACRES

(South Sound, Old Prospect Point & Spotts, Cayman Islands)
US$5,995,000
  • 155 Width
  • 255 Depth
  • 0.9 Acres
MLS# 416830

Introducing this ultra-rare oceanfront development opportunity, situated on South Church Street, just a short stroll away from the vibrant heart of the George Town...

Property Description

Introducing this ultra-rare oceanfront development opportunity, situated on South Church Street, just a short stroll away from the vibrant heart of the George Town Waterfront. This lot spans 250 feet in depth with an impressive 155 ft of pristine water frontage, site is between 3.4’ to 14.9’ above sea level. This is solid land. From a substructure or development standpoint, you’re building on a solid base with very little site preparation costs associated with preparing the land, offering endless possibilities. Zoned as Beach Resort / Residential, this parcel invites a multitude of development options, paired with world-class diving just off the property, including stunning sunset views.While this gem is being offered for its invaluable land, it comes with an existing 2-bedroom home on the property.Seize the opportunity to design the future of oceanfront living in George Town.

Key Features

Property Type:Land
Listing Type:Beach Resort Residential
Property Status:Current
Address:South Sound, Old Prospect Point & Spotts
Views:Water Front
Block:14E
Parcel:10
Zoning:Beach Resort/Residential
Sea Frontage:155
Road Frontage:150
Soil:Other

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Down Payment Required $1,199,000.00
Mortgage Principal $4,796,000.00
Monthly Payment $25,746.00
Still Owing at End of Term $0.00

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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