Caribbean MLSReal Estate

Spotts Oceanfront Development Opportunity

Available on request

The brief

The reason to consider it.

This exceptional 0.72-acre waterfront parcel offers a rare opportunity to develop within a highly versatile Beach Resort/Residential zoning.
The designation allows for a wide range of uses, including a private detached residence, duplexes, townhouses, apartment buildings, or tourism-related developments—providing flexibility for both investors and homeowners.
The property benefits from no restrictive covenants, giving buyers greater freedom in design and development.
The site gently rises to an elevation of 13 feet, enhancing both views and natural drainage.
The land remains in its natural state, with no prior filling or leveling, offering a blank canvas for your vision.

The soil composition—a blend of light, sandy textures mixed with clay—supports a variety of fruit trees, plants, and coastal vegetation, ideal for landscaping or eco-conscious development.

Adding to its appeal, the shoreline features natural Ironshore rock, which helps protect the property from coastal erosion and wave impact—an important advantage over unprotected sandy beachfront sites.

This is a unique opportunity to secure a prime waterfront location with strong development potential and natural coastal resilience. Ample space for a condominium development, or a couple of luxury townhomes, or a grand waterfront estate, this rare property offers exceptional flexibility in an area where most waterfront land in this area has already been spoken for. Don’t miss this opportunity to bring your vision to life.

Last confirmed

Type
Land
Land
31,355 ft²
Zoning
Beach Resort/Residential
Topography
sloped
Road frontage
92 m
Elevation
13 m
Permitted uses
Private detached residence, Duplexes, Townhouses, Apartment buildings, Tourism related developments

What this listing includes

  • Ocean view

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