$12,000,000 for Sale

2 km. 223.5 ave punto oro , ponce, FL 00731

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Property Description
Located on State Road PR-2, km 224.1, in Barrio Canas, Ponce, this parcel spans 267,434.11 square meters (68.04 cuerdas) with excellent access and borders the Caribbean Sea. It is adjacent to Marginal Street of PR-2 to the north, the Water and Sewer Authority and María L. Parra Capó estate to the east, and Universal Insurance Corp. and Rene F. Sotomayor estate to the west. The property is divided into two sections: 1. South of Las Batatas Stream (SRC-T, 43.24 cuerdas):Approved for a residential-touristic project featuring: Marina with 165 docking spaces, 82 villas with docks, 419 apartments & 120-room hotel; and 2. North of Las Batatas Stream (EV-4, 20.59 cuerdas): Zoned for vertical construction, with approval for a 110,000 sq. ft. commercial project with 519 parking spaces. An additional 9.69 cuerdas allow for 90,000 sq. ft. of future development. This parcel offers outstanding potential for mixed-use coastal development.
General Information
Sale Price: $12,000,000
Price/SqFt:
Status: Active
MLS#: PR9109496
City: ponce
Post Office: ponce
County: Ponce
Acres: 66
Lot Dimensions: 2,400 x 1,200
Size:
Acreage: 66 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Rogelio Fernandez of ARK REAL ESTATE, Phone: 787-382-3720
(941) 467-2052 Call Thomas 'SKIP' Frient for more information about this property.

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