Caribbean MLSReal Estate

Rum Point Drive Large Lot 31

Available on request

The brief

The reason to consider it.

This beautiful, oversized lot is ideal for a vacation home or investment property. It features excellent road frontage with power and water services already available, making development straightforward.

Located on the highly desirable Rum Point Drive, the property is just a short drive or an easy bike ride to popular restaurants, shops, and a dive center. A public beach is only a short 300 foot walk away and visible from the lot, offering convenient access without being directly oceanfront.

Because the lot is not directly on the ocean, it benefits from lower insurance rates while still maintaining proximity to the water. A two-level home with a rooftop deck would provide exceptional views and maximize the property’s potential.

Last confirmed

Type
Land
Land
23,325 ft²
Zoning
Low Density Residential
Topography
flat
Road frontage
100 m
Water
Yes
Electricity
Yes

What this listing includes

  • Water storage

What people say about Cayman Islands

Sources agree that buying in Grand Cayman is tax-light but not cheap to live with.

  • Concern Cayman is among the most expensive places to live; imports and housing drive it
  • Positive No annual property, capital gains or inheritance tax; one-time stamp duty is the main purchase cost (7.5%, 10% above CI$2m from 2026)
  • Mixed Permanent residency by property needs CI$2m of developed real estate and is quota-limited; a cheaper 25-year certificate carries no right to work
  • Mixed Strata fees are a material carrying cost, higher on Seven Mile Beach

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law