For a better view on Milestone Properties Cayman, Update Your Browser.
CIREBA MLS LDX feed courtesy of ENGEL & VOLKERS

LARGE CANALFRONT LOT .57 ACRES WITH 90 FT DOCK LOWEST PSF!

(South Sound, Old Prospect Point & Spotts, Cayman Islands)
CI$550,000
  • 89 Width
  • 260 Depth
  • 0.57 Acres
MLS# 413530

Great value for .57 acres with 90 ft dock! The lowest price per sq ft! Welcome to the idyllic Red Bay community! This stunning canal front lot presents an excell...

Property Description

Great value for .57 acres with 90 ft dock! The lowest price per sq ft! Welcome to the idyllic Red Bay community! This stunning canal front lot presents an excellent investment opportunity with its prime location and numerous possibilities. Encompassing 2,300 m2, the property is already filled and has a 90 ft dock and sea wall complete with water and power connections. Enjoy activities like deep-sea fishing, diving, and weekend boating adventures. The size of the lot offers ample room for exploration. You could consider building four revenue-generating vacation homes, catering to tourists and visitors seeking a comfortable and convenient place to stay. Alternatively, you have the option to construct one large family residence, providing abundant space and privacy for your personal use. Architectural drawings are readily available, simplifying the planning and construction process and helping you transform your vision into reality. With its canal frontage and proximity to the George Town Sailing Club, this property is a haven for water enthusiasts and boating aficionados. The serene atmosphere of Red Bay complements the convenience of being within reach of George Town's amenities and attractions.

Key Features

Property Type:Land
Listing Type:Low Density Residential
Property Status:Current
Address:South Sound, Old Prospect Point & Spotts
Views:Canal Front
Block:22D
Parcel:129
Zoning:Low Density residential
Sea Frontage:89
Road Frontage:89
Soil:Rock

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.

30
5
550000.00
20
Your Estimated Payment
Down Payment Required $110,000.00
Mortgage Principal $440,000.00
Monthly Payment $2,362.00
Still Owing at End of Term $0.00

*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).

Request more Information

Contact us today for more information on this property or to schedule a viewing.