Caribbean MLSReal Estate

Very rare development site

Available on request

The brief

The reason to consider it.

Development Opportunity

This is a very rare development site with over 1,000 feet of pristine beachfront, located on the quiet southern coastline of Grand Cayman. The property is high and dry, with a considerable depth of 450 feet from the Caribbean Sea to the road, offering ample space for various development types.

An offshore reef provides natural protection, creating tranquil and calm waters ideal for swimming, snorkeling, watersports, or leisurely walks along the shore.

Potential Uses:

  • Large Hotel/Condominium Development: Suitable for up to 865 bedrooms or 330 condominiums.
  • Subdivision: The site can be divided into 5 residential parcels, each with 215 feet of beachfront, for sale or development of exclusive private residences.
  • Land Banking: Hold for capital appreciation as development expands eastward and access improves.

Accessibility:
Future expansion of the East-West Arterial bypass highway will provide quick access to Frank Sound Road, significantly reducing travel time to George Town.

These significant, beachfront development sites of this size and quality are exceptionally rare in Grand Cayman.

Last confirmed

Type
Land
Zoning
residential
Permitted uses
Single family, Condominiums, Hotel
Land
Available on request

What this listing includes

  • Beachfront
  • Ocean view
  • Air conditioning
  • Parking

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