Caribbean MLSReal Estate

7 bedroom property for sale

Available on request

Year built
1980
Type
Land
Land
66,220 ft²
Zoning
high density residential
Subdivision approved
Yes
Permitted uses
Apartment complexes, Multiple homes

What this listing includes

  • Garden
  • Terrace
  • Balcony
  • Ocean view
  • On-site security
  • Gated community
  • Kitchen
  • Storage
The brief

The reason to consider it.

This is a truly rare 1.52 acre high density residential property in West Bay Northwest, offering developers a rare canvas. The property consists of two combined lots: a 0.30 acre front lot and a 1.22 acre back lot. On this expansive property, you’ll find two Cayman cottages, one with two bedrooms and two baths, the other with four bedrooms and four baths plus a modern one-bedroom, one-bath home built in 2016. Altogether, there are seven bedrooms and seven baths, with two homes currently generating rental income.

Positioned right on Watercourse Road, it’s steps away from Foster’s Food Fair, the Cayman Turtle Centre, and nearby schools. The high density zoning is what sets this apart, offering the potential for apartment complexes or multiple homes, which is a true rarity in West Bay.

This is your chance to capitalize on existing income while creating a thriving new development.

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