BO QUEBRADA FAJARDO Active

Fajardo,00738

$ 2300000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID PR9108415

HOA Y/N No

Originating Board Stellar MLS

Lot Size 20.000 Acres

Acres 20.0

Property Description

One or more photo(s) has been virtually staged. This strategically located 20-acre lot in Barrio Quebrada, Fajardo, Puerto Rico, represents a unique opportunity for high-quality real estate development. With preliminary plans for a 230-unit condominium project, the site is just 5 minutes from downtown Fajardo, 15 minutes from the Conquistador Resort and Fajardo Marina, and enjoys privileged access to PR-3, ensuring exceptional connectivity and appeal for future residents. The project is designed to be developed in flexible phases of 20 units each, allowing for efficient resource management and optimal adaptation to market conditions. Each unit will feature two parking spaces, with “garden” and “penthouse” options distributed over two levels in buildings equipped with elevators and strategically oriented to maximize ocean views. Additionally, the land has been graded using A-24 and A-26 compacts, ensuring a solid foundation for development. Detailed projections of the initial investment and final return have been conducted, ensuring the project’s financial soundness. Of the 20 available acres, only 10 will be used for the construction of the units, leaving a 10-acre remnant ideal for developing common areas, helipads, commercial zones, or a combination of these elements, significantly enhancing the project’s value and potential in Puerto Rico’s real estate market. This carefully planned development is designed not only to meet residential needs but also to give a comprehensive approach that maximizes land use and future development opportunities, presenting itself as a high-potential investment destined to become a landmark in the region.

Location

County Fajardo

Zoning RI

Exterior

Utilities Available Electrical Nearby,Street Lights

View Y/N Yes

View City,Garden,Mountain(s),Water

Building

Lot Size Range 20 to less than 50

Sewer None

Water Canal/Lake For Irrigation

Others

Ownership Other

Acceptable Financing Cash,Owner Financing,Private Financing Available,Special Funding

Listing Terms Cash,Owner Financing,Private Financing Available,Special Funding

Special Listing Condition None

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