Kelly French Real Estate Inc
Kasey D Hilyard, PLLC, Kelly French Real Estate IncPhone: (407) 488-9879
Email: [email protected]
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listing
1 of 8
LandFor Sale
$12,000,000
2 Km. 223.5 Ave Punto Oro
Ponce, PR 00731
Listed by: Ark Real Estate, (787) 632-7009
MLS: mfrmls
Est. Mortgage
$62,042/mo

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 MarĂ­a L. Parra CapĂł 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.

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