Extremely important land parcel to the expansion of San Pedro. This 16.5 acre parcel of beachfront property is available at a distressed price due to personal health issues. The parcel was purchased in 2007 for $800,000 but is now available at a greatly reduced price.
This parcel of land is located within the boundaries of the Santa Cruz Lagoon which forms a large natural protected harbor on the west side of Ambergris Caye. This area of the island is earmarked for some of the most important expansion on the island. It is within a couple of miles of what will be a new International / Regional airport and only needs one mile of road added to reach the Eastern shore.and only a couple of miles from the planned San Pedro II.
This is the layout of the 23 lots. 14) 100 foot beachfront lots of around 1/2 acre, 8 second row lots, and one large lot for community services. 1200 feet of natural beachfront makes this an extremely lucrative investment. These lots could be easily marketed at $79,900 for the 14 beachfront lots = $1,118,600 and $49,900 each for the second row lots = $399,200 for a total of $1,517,800.
Initial costs: $6,000 USD estimated for road the road to be cut, $10,000 USD estimated to complete the engineering for the subdivision.
Purchase this entire project for $600,000 or make an offer, OR $250,000 to partner with present owner.
Regular Price: $800,000.00
On Sale For: $600,000.00
On Sale For: $600,000.00