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.
Property Details
Price:
$2,300,000
MLS #:
PR9108415
Status:
Active
Beds:
0
Baths:
0
Address:
BO QUEBRADA FAJARDO
Type:
Land
Neighborhood:
00738 – Fajardo
City:
FAJARDO
Listed Date:
Aug 25, 2024
State:
PR
ZIP:
00738
Lot Size:
871,200 sqft / 20.00 acres (approx)
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- AddressBO QUEBRADA FAJARDO FAJARDO PR
- CityFAJARDO
- CountyFajardo
- Zip Code00738
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Courtesy of ROBERTO C CARDONA LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
BO QUEBRADA FAJARDO
FAJARDO, PR
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