Land with Preliminary Development Permits

Nestled between the Hyatt Regency Grand Reserve Puerto Rico Hotel (Coco Beach) and the Wyndham Grand Rio Mar Puerto Rico Hotel, this vacant land parcel consists of just under 26 acres and has a preliminary development permit for the construction of 183 single-family dwellings. Located in an area with a solid workforce and with no new construction, the property is easily accessed as it lies less than 1/3 of a mile from the main highway, State Road PR-3. It is specifically located less than 2 miles from Las Picuas Beach, and less than 2.5 miles from the beautiful Balneario de Luquillo Beach. Any future development will benefit from scenic views of the El Yunque Tropical Rainforest. Don’t miss this excellent opportunity!

• The sale of the property includes an Urbanization Permit, endorsements and/or recommendations by all Government agencies, and construction drawings/plans.
• Permits/Approvals: Preliminary development permits for 183 single-family dwellings
• Asking Price: $1,950,000 or best offer
• Land Area: 26.6736 cuerdas, equivalent to 25.91 acres
• Tax Code #: 091-000-008-23
• Flood Zone: X (minimum flood risk)

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