Great investment opportunity for developers! The property consists of 3 beautiful parcels of approximately 164 acres located close by 3 of the best resort on the northeast cost of Puerto Rico, St Regis Bahia, Hyatt Regency Grand Reserve and Wyndham Grand Rio Mar. The owners have a valid preliminar proposal to ARPE for 4 projects: (1) 70 lots of minimum 800 sq.m. each for single family residences. (2) 504 apartments of 1,500 sq.ft. GLA, (3) 103 lots of minimum 800 sq.m. each, and (4) a recreational park of 13 acres connecting partially with the spectacular 3 miles long "Espritu Santo" River. The site offers beautiful views to Coco Beach Grand Reserve and Golf, the Atlantic Ocean and El Yunque National Rainforest. Short drive to the beach (5min.), El Yunque rainforest (20min.), San Juan (35min.). Tax incentives may apply. Please call for a private appointment!
MLS# | PR9093075 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 15 |
Zoning | A-3 |
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Acreage | 164.00 |
Golf Course | N |
Area Information | |
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State | PR |
County | Río Grande |
City | RIO GRANDE |
Zip Code | 00745 |
Area | 00745 - Rio Grande |
Listing VS Median (in 00745) | |
Price: $6,000,000 low | high Med: $324,950 On Site: 15 low | high Med: 45.500000 Sourced by Back At You |