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CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

TROPICAL GARDENS FIXER UPPER WITH GREAT POTENTIAL!

(South Sound, Old Prospect Point & Spotts, Cayman Islands)
CI$595,000
  • 4 Bedrooms
  • 3 Bathrooms
  • 2,950 Sq. Ft.
  • 0.3 Acreage
MLS# 418280

This gutted-to-the-studs home is a rare opportunity for those looking to create their dream property from the ground up! With a solid foundation and brand-new sept...

Property Description

This gutted-to-the-studs home is a rare opportunity for those looking to create their dream property from the ground up! With a solid foundation and brand-new septic system already in place, the hard part is done. This blank canvas is ready for your vision—whether you're an experienced builder, DIY enthusiast, or investor looking for your next project. Situated on a .3-acre lot, the home is prepped for a stunning transformation. Customize the floor plan, finishes, and every detail to match your style. With endless potential, this house can become a one-of-a-kind gem in a peaceful location. Planning has approved plans to expand the house to over 3800 sf including a second level, and a pool. A second plan application has been submitted to make the single family into a duplex so this property could be whichever you prefer and plans for both options would convey with the sale. In addition to this, there is a separate studio apartment on the property that will produce income! Key Features: Gutted interior, ready for renovation Sturdy foundation in excellent condition Brand-new septic system installed Quiet dead-end street in good neighborhood, with great neighbors. Approved plans for increasing to 3800 SF home. Rentable studio apartment on site. Whether you're looking to flip, build your forever home, or design a weekend retreat, this property offers an unbeatable opportunity to get creative and add value. Don't miss out on this appealingly priced, high-potential project! For more details or to schedule a showing, contact us today.

Key Features

Property Type:Residential
Listing Type:Single Family Home
Property Status:Current
Year Built:1973
Address:Tropical Lane, South Sound, Old Prospect Point & Spotts
Views:Garden View
Block:22E
Parcel:50
Foundation:Slab
Zoning:Medium Density Residential
Garage:1

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Down Payment Required $119,000.00
Mortgage Principal $476,000.00
Monthly Payment $2,555.00
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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