$5,920,000 $7,104,000

South Sound Prime Oceanfront Development Site

1.9800 acres

Strategic location in the heart of South Sound on an absolutely prime Seafront parcel – sites like this are just not available anymore.  Ideal for a residential or mixed use development to capitalize on the surge in tourism and population growth expected over the next 10 years.  This 2 acre parcel is zoned BEACH/RESORT residential and allows for a maximum of 40 apartments and up to 55 bedrooms, all boasting spectacular yearlong sunset views across the Caribbean Sea.  For mixed use, a restaurant and bar, dive shop, and retail could be combined with the residential. The site itself features over 180 feet of Sea frontage with an exceptional depth of 450 feet.  Another benefit to this parcel is its natural elevation of between 8’ ft to 16 ft above Sea level.  Considering the location close to George Town and Seven Mile Beach, near all the restaurants, shops, offices, schools, grocery stores, and many other amenities and facilities, it would be hard to find a better site with all this infrastructure so close.  This opportunity is one of the rare gems that very rarely become available, if ever at all and has been priced to sell quickly.

Key features

  • Price $5,920,000 KYD
  • View Water Front
  • Acres 1.9800
  • Type Beach Resort Residential
  • MLS 414880

Neighbourhood Guide

Explore the areaGeorge Town

As Grand Cayman’s capital city, George Town is the business centre of the island

View

Arrange a viewing with the Bovell team

contact the bovell team

Stay up to date

Get the latest listings, property news, insights, and market reports delivered right to your inbox.