$35,000,000 for Sale

salem rd , salem, FL 59500

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Property Description
LOCATION, VISIBILITY AND OPPORTUNITY ARE JUST SOME OF THE REMARKABLE EARMARKS OF THIS COMPLETELY LEVELED, READY TO DEVELOP, AND CENTRALLY LOCATED 58-ACRE COMMERCIAL/RESIDENTIAL LAND TRACT WITH A 1,000FT OF DIRECT OCEANFRONT AND BEACH ACCESS. THIS “RARE AND UNIQUE" 58-ACRE LAND PARCEL IS IDEAL FOR A MIXED USE DEVELOPMENT THE INCORPORATES LARGE ANCHOR STORES SUCH AS; SUPERMARKETS, BANKS, RESTAURANTS (FAST FOOD/HIGH-END RESTAURANT CONCEPTS), MOVIE THEATRE, HARDWARE STORES, KNUTSFORD EXPRESS AND A HOST OF OTHER WELL NEEDED SERVICES WITHIN CLOSE PROXIMITY OF “VERY UNDER-SERVED AND HIGH NET WORTH COMMUNITIES" (RICHMOND ESTATES, PARADIASIAC BEACH CLUB, CARDIFF HALL, BENGAL BEACH, DISCOVERY BAY AND TRELAWNY) WITH RESIDENTIAL DEVELOPMENT POSSIBILITIES ALONG THE REAR AND OCEANFRONT PARCEL OF THE LAND. THE NEIGHBOURING GATED “NEW OCEANFRONT HOMES" THAT ARE NESTLED JUST ACROSS THE STREET FROM THIS 58-ACRE LAND PARCEL ARE BEING SOLD FOR US$2,000,000+ EACH, WITH ABSOLUTELY NO RETAIL SHOPPING OR COMMERCIAL SERVICES WITHIN A 40-MILE RADIUS (OCHO RIOS, DRAXHALL, ST ANN'S BAY AND TRELAWNY ARE THE ONLY “CLOSE AND CURRENT OPTIONS" WHICH ALSO HAVE THEIR RESPECTIVE LIMITATIONS). THIS GEM OF AN OPPORTUNITY IS CONVENIENTLY LOCATED AT THE MAIN ENTRANCE OF THE JEWELS RUNAWAY BAY RESORT AND IS RIPE FOR A PLETHORA OF USES. THE VALUATION REPORT IS OVER THREE YEARS OLD AND REFLECTS A US$29,000,000.00 VALUE WITHOUT THE CONSIDERATION OF THE PROPERTY'S MULTI NEW MILLION DOLLAR HOME NEIGHBORS AND OTHERS. A JOINT VENTURE/SELLER FINANCING WITH “MUTUALLY BENEFICIAL TERMS" WILL BE CONSIDERED. THE PROPERTY SITS DIRECTLY ON THE NORTH SOUTH HIGHWAY, WITH AN EXTREMELY HIGH VISIBILITY, AND SEES OVER 800,000+ VEHICLES “DAILY". THE PRICE IS EXTREMELY NEGOTIABLE AND THE OWNER WILL ENTERTAIN ALL REASONABLE OFFERS. MULTIMILLION DOLLAR VILLAS (https://www.locatorzone.com/advert/palm-beach-at-runaway-bay-runaway-bay-jamaica/) SITS DIRECTLY ACROSS THE STREET FROM THIS GEM OF A PROPERTY AS WELL AS THE JEWEL R
General Information
Sale Price: $35,000,000
Price/SqFt:
Status: Active
MLS#: O6190680
City: salem
Post Office: salem
County: Out of Area
Acres: 58
Lot Dimensions: -
Size:
Acreage: 58 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $400


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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: Paul Atkinson of PRA AND COMPANY REALTORS, Phone: 754-444-0853
(941) 467-2052 Call Thomas 'SKIP' Frient for more information about this property.

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