SPOTTS PRIME DEVELOPMENT OPPORTUNITY

MLS #418327 | Spotts, Cayman Islands

525
4,100

CI$5,500,000

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CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

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CI$ 23,620

About This Property

This property offers exceptional development potential, perfectly suited for a large-scale residential project. With a natural lake/pond on site, you have the added benefit of easily sourcing fill for the entire property. The un-improved easement off the East/West Bypass provides direct road access, enhancing the convenience of future development. Zoned for low-density residential use, the property is ideal for creating approximately 120 house lots, each with significant retail value. Alternatively, it could be developed into a middle-income housing community, offering tremendous investment potential in a growing area.

Property Features

Property Type

Land (Low Density Residential)
Acres

48
Block

24D
Parcel

13REM1
Acres

48.00
Views

Garden View
Zoning

Low Density residential
Soil

Black

Mortgage Calculator

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

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CI$ 1,100,000

Mortgage Principal

CI$ 4,400,000

Monthly Payment

CI$23,620

Still Owing at End of Term

CI$0

*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).

Debi Bergstrom

+1 (345) 516-0079

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SPOTTS PRIME DEVELOPMENT OPPORTUNITY

Buyers Over CI$5,500,000

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