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$ 12,000,000
Est. payment /mo
Active
2 KM. 223.5 AVE PUNTO ORO Ponce, PR 00731
66 Acres Lot
UPDATED:
10/18/2024 11:40 PM
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PR9109496
HOA Y/N No
Originating Board Stellar MLS
Lot Size 66.000 Acres
Acres 66.0
Lot Dimensions 2,400X1,200
Property Sub-Type Other
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.
Location
State PR
County Ponce
Zoning EV.4,SRC.T
Exterior
Utilities Available Other
Waterfront Description Bay/Harbor,Marina
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Beach,Marina
Building
Lot Size Range 50 to less than 100
Sewer None
Water None
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by ARK REAL ESTATE