Price Reduction - Waterfront
Address
BO Cedros Pr 185 Km 14.3, CAROLINA, PR
Price
$ 550,000
Property Attributes
  • MLS#PR9104398
  • TypeLand
  • CountyCAROLINA
  • CityCAROLINA
  • AreaCarolina
  • NeighborhoodBo Cedros
  • Zip00979
  • Style
  • Taxes$ 1200
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size16 Acres
Data Source:
Stellar MLS
Property Description

Opportunity for Investment in Puerto Rico - RURAL LAND - UNTOUCHED - Many USES - Developments - Industrial - Farming - Agricultural - ECO Turism Development | For Sale Land Available | PR 185 Carolina - Canovanas Land for Sale. NONE FLOOD ZONE LAND . Exciting opportunity for the development of a significant piece of land in a prime location. The land, situated in Barrio Cedros of the municipality, spans 15.101 acres and is conveniently connected to Rio Caovanillas. With its ideal location and size, this property presents a promising canvas for a variety of development projects. One of the potential for many uses for this land can be used for an establishment of a low-income residential project, catering to the growing demand for affordable housing | Low-Income Residential | and Elderly Community Project. Eco Turism Driven. Commercial, Industrial, Farming and Agricultural Uses. One of the proposed plans outlines is the development of a 90-house social interest project, featuring affordable homes with a layout of 900 square feet, comprising 3 bedrooms, 2 bathrooms, a garage port, laundry area, and balcony. To complement the residential aspect, the project envisions the implementation of a vacuum sewer system and the construction of a sewage treatment plant, ensuring sustainable and efficient infrastructure for the community. Moreover, the project plan includes provisions for essential communal amenities, such as a community center, a commercial area, and a dedicated recreation space along the riverbank. These facilities are designed to enrich the lives of residents and foster a strong sense of community within the development. The owners of the land are currently offering it for sale at a price of $750K, and they have expressed their willingness to negotiate. It's important to note that this sale is not subject to appraisal, providing an excellent opportunity for potential investors. Given the increasing need for affordable housing and community-focused spaces, this endeavor holds significant potential for positive social impact and a sound investment opportunity. I would be delighted to discuss this opportunity with you in further detail and provide any additional information you may require. Please do not hesitate to reach out to me at your earliest convenience to explore this potential venture. Location Coordinates: WAZE 18.28054801,-65.91108059 google maps PR 185 Zoning SRC - Suelo Rustico Común (Spanish - CODE According to Puerto Rico) - "Rustic land" will mean a classification of the land in the Territorial Plan and will be constituted by the lands that the Territorial Plan considers should be expressly protected from the urbanization process for reasons, among others, of their agricultural and livestock value, current or potential; of its natural value; of its recreational value, current or potential; of risks to public health or safety; or because they are not necessary to meet urban growth expectations in the foreseeable future of eight (8) years. This land classification will include the categories of common rustic land and specially protected rustic land. NONE FLOOD ZONE LAND

Price History
2/4/2024 Listed $750,000
3/9/2024 17% - $625,000
4/9/2024 12% - $550,000

General Features

Sewer None,Septic Needed
Utilities Electricity Available,Water Connected
Zoning LAND SRC
Pets Allowed Yes
View Mountain(s)
Tax Year 2023
Current Use Unimproved
Percent Ownership Other
Waterfront Features River Front
County Carolina
Property Type Land
HOA / Comm Assn No
Subdivision Name BO CEDROS
Facing Direction West
Status Active
Directions 44 min (52.8 km) via Autop. Luis A. Ferr/PR-52 18.4008166,-66.1394061 Take Autop. Jos de Diego/PR-22,Expreso Las Amricas/PR-18,PR-52 and Cruz Ortiz Stella Expy/PR-30 to PR-185 in Juncos. Jos de Di
City CAROLINA
Buyer Agent Compensation 2.5%
Body of Water Rio Caovanilla
MLS Area 00979 - Carolina
Lot Size Square Feet 715000
Waterfront Y/N Yes
Street Name Pr 185 Km 14.3
Listing Terms Cash,Conventional
Tax Annual Amount 1200
Public Remarks Opportunity for Investment in Puerto Rico - RURAL LAND - UNTOUCHED - Many USES - Developments - Industrial - Farming - Agricultural - ECO Turism Development | For Sale Land Available | PR 185 Carolin
Days on Market 65
Standard Status Active
Virtual Tour https://www.youtube.com/watch?v=Ee-N1aFNFSE
Legal Description RUSTICA: Parcela radicada en el Barrios Cedros del trmino municipal de Carolina,con una cabida superficial de trece punto novecientos noventa y siete cuerdas segn registro (se tiene escritura enmenda
Water View River
Water Access Type River

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Buildable,Mountainous,Oversized Lot,Private,Rural
Water Source None,See Remarks,Well Required
Lot Size Area 16.4141
Lot Dimensions 15.1
Lot Size Acres 16
Road Surface Type Paved,Asphalt
Lot Size Units Acres
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 00979

Price
AVG $930K
$550K
Taxes
AVG $1,200
$1,200
Visits
AVG 367
155
Data Provided by Inside Real Estate®

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