Approved Beachfront Lot Subdivision in Vega Baja - FOR SALE

Investment Overview

Two adjacent oceanfront lots in Vega Baja, sold as one, totaling 12.5 acres, with 450 linear feet of beach frontage, and having a 36-lots subdivision approved. This land is in the Yeguada Ward, off State Road PR-686, in Vega Baja, with direct access to some of the most beautiful beaches on the island. Located within 25 miles from San Juan. The residential neighborhood is composed of various single-family housing developments, as well as second-home apartments or walk-up developments, such as Ocean Village and Chalets de la Playa. The surrounding area has easy access to supermarkets, gas stations, restaurants, pharmacies, churches, parks, among many others. Over time, the city has diversified its economic activities, including manufacturing and pharmaceuticals. The industrial sector has grown, contributing to job opportunities and economic development. This property is ideal for single-family dwellings with front-row ocean views. Seller Financing Available.

Investment Highlights

• Sales Price: $3,600,000 or Best Offer
• Seller Financing: Subject to negotiation
• Maritime Zone: ZMT has been officially approved/stamped by the Government
• Approvals: 36-lot subdivision
• Approx. 450 linear feet of beach frontage to its north
• Site Area: 12.5 acres
• Lot 1: 6.82 acres equivalent to 7.0236 cuerdas and to 27, 605 square meters
• Lot 2: 5.72 acres equivalent to 5.8898 cuerdas and to 23, 149 square meters
• Property Tax ID's: 017-033-328-10-000 & 017-033-328-11-000
• Zoning: R-I (Intermediate Residential)
• Flood: X (Mostly) and VE (Small Portion)
• Coordinates: 18.48611033, -66.42035256