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Large 3/4 acre corner lot for sale in San Pedro Town. Less than 400 feet from the sea and the high end resorts like Banyan Bay and Grand Colony. This is a perfect opportunity to build a Tropical hotel or condominium project. Up to 40 units allowed. Electricity and Town water are at the lot line. Sewer is a few hundred feet away. Last of the large lots available in this great area of San Pedro. Reasonably priced non-beachfront condo projects were a hit in the past few years. The most notable one is Grand Bayman that is now in its phase 3 of construction with first two phases sold out.
Top 2 floors of the 4 floor condo building would have incredible panoramic ocean views to the East and the West side of Ambergris Caye. Build for $100 US per sq. ft and sell for $250! List of reputable builders provided.
This property also has the final appoval to subdivide in to 6 residential lots. Build your house on one lot and sell the rest. Market price of the average size residential lot in the area is $45,000 US.
Parcel priced well below market value as the only 2 other available large development parcels are located further away from the town center are are priced at well over 400k per acre.
Do not miss your chance to cash out on the Baby boomers retirement trend-dont wait to buy land, buy land and wait!
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