Ocean View Residential Dev Hilltop @ Fajardo

Property Description

Elevated 19.42-acre development site zoned R-I (Intermediate Residential), offering strong potential for mixed residential-oriented uses. The property features rolling topography and Atlantic Ocean views toward Fajardo, Luquillo, and Ceiba, plus El Yunque National Forest.

The site’s scale and zoning allow for a range of residential concepts, including multifamily housing, short-term rental projects, hospitality-oriented residential uses, and other permitted intermediate residential developments. Its topography supports view-oriented design and phased development strategies.

Access and frontage exists via PR-9985 (Calle Raúl Carrasquillo Torres), connecting directly to PR-3, the primary commercial corridor.

Location Description

This hilltop land is located in the Quebrada Ward of Fajardo, one of Puerto Rico's dominant economic areas in the east coast. Fajardo distinguishes itself for tourism, diverse residential developments, nautical tourism, main marinas, nature reserves, and more.

This land, ideal for intermediate residential development with ocean views, is minutes from PR-3, providing direct access to regional retailers and services, including Plaza Fajardo, Walmart, Caribbean Cinemas, numerous Quick Service Restaurants, Ralph’s Food Warehouse, amongst many.

Major destinations surrounding the property include:
El Yunque National Forest, El Conquistador Resort, Seven Seas Beach, Las Cabezas de San Juan Nature Reserve, Fajardo Bioluminescent Bay, Villa Marina and Las Croabas waterfront, Proximity to Marina Puerto del Rey & Roosevelt Roads

Highlights

• Total Area: 19.42 Acres | Approx. 20 Cuerdas | 78,607 Square Meters
• Zoning: R-I Intermediate Residential
• Topography: Rolling hills with elevated ocean views and flatter areas with frontage to public road
• Views: Atlantic Ocean views toward Fajardo, Luquillo, and Ceiba, plus El Yunque National Forest
• Access: Via PR-985 with connectivity to PR-3. Frontage to PR-985
• Coordinates: x: 280909.5178, y: 254514.7435. (Lat: 18.32434329, Lon: -65.66793378)
• Proximity: Under 10 minute drive to main commercial corridor of PR-3
  Development Potential: Multifamily, short-term rentals, guest houses, dormitories, tiny home concepts, and other residential uses
• Hospitality-Oriented Uses Permitted: Bed & Breakfast, guest accommodations
• Institutional Uses Permitted: Health care centers, religious institutions, civic organizations
• Light Commercial Uses: As allowed within R-I zoning parameters
  Regional Connectivity: Access to marinas, beaches, retail centers, and tourism infrastructure
• Growing Submarket: Fajardo is a dominant economic area in Puerto Rico's east with a strong residential and tourism-driven market

Property Video: Ocean View Residential Development Hilltop @ Fajardo - For Sale