388 Beachfront Acres with Permits

This offering refers to a 387.74 acres vacant land parcel with beach frontage, having a valid land consultation in place for a master-planned development to include over 1,000 single- and multi-family residences, as well as a tourist-oriented component. Its level topography, its mostly non-floodable classification, its configuration with an excellent width-to-depth relationship, and most importantly, its beach frontage and closeness to the world-known Puerto Nuevo Beach, recipient of the iconic Blue Flag award for numerous years, make this property a developer's dream.

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Highlights:

• Asking Price: $14,900,000 OBO
• Land Area: 1,569,146.81 square meters, equivalent to 399.23 cuerdas or 387.74 acres
• Coordinates: 18.488740; -66.394320
• Tax Code #'s: Various (refer to areas' breakdown in "Documents" TAB)
• Flood Classification: Mostly X (outside flood prone area) with minor areas classified AE, 0.2 PCT & VE
• Shape: Irregular, with an excellent width-to-depth relationship for development
• Topography: Level
• Zoning: R-I (medium density residential); R-G (rural general); CR (conservation of resources); & PR (preservation of resources)
• Permits: Valid land consultation in-place for a master planned development to include over 1,000 single- and multi-family residences, as well as a tourist-oriented component.
• Beach Frontage: Over 2,200 lineal feet