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2 Km. 223.5 Ave Punto Oro, Ponce, US 00731

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For Sale

$12,000,000

66 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 66 acres
    Lot size

Explore this Property

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.
MLS# PR9109496

Courtesy Of Ark Real Estate, LLC

(787) 382-3720

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Lot Size
    66 Acres

Area Map

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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