Concord Residences : Penthouse De 2 Chambres Avec Vue Sur L'océan À Vendre À Pelican Key, Saint Martin

A new two-bedroom, three-bathroom penthouse at Concord Residence, a gated building under construction on the Pelican Key hillside, with about 176 m² (1,895 sq ft) of living space, terraces with 180-degree sea views and access to a rooftop terrace. Completion is listed for 2026 and the listing is marked ”coming soon”; it is to be delivered fully furnished. Asking price US$1,100,000. Listing ID 11039.

THE PROPERTY

The penthouse sits at the top of the building, with large windows and terraces turned to the Caribbean Sea and the sunset. Two bedrooms and three bathrooms make it an easy layout for owners and guests, or for rental by the night.

- 2 bedrooms and 3 bathrooms
- About 176 m² (1,895 sq ft)
- Terraces with 180-degree sea views, plus a rooftop terrace
- Underground parking
- New construction, completion listed for 2026
- To be delivered fully furnished

THE RESIDENCE

Concord Residence is gated, with a security guard around the clock, a shared pool and pool deck and a fitness room. Monthly fees are not set in our data yet. For a building under construction, ask for the payment schedule, the completion date, the specification and the furniture package, and the projected monthly fee, before you sign.

THE NEIGHBORHOOD: PELICAN KEY

Pelican Key is a hillside neighborhood rising above Simpson Bay, with villas and condos looking over the bay, the lagoon and the Caribbean Sea. Kim Sha Beach and the small Pelican Key Beach are at the foot of the hill, along with resort restaurants, a casino and a well-stocked provisioning store. It is quieter than the Simpson Bay strip and a short drive from it. Concord Residence units we list range from US$340,000 to US$1,100,000.

OWNING AND RENTING IT

Our estimate of gross rental income is US$55,000 to US$70,000 a year once the building is complete. Treat it as a starting point and deduct the monthly fee, utilities, insurance and management. Andreu Realty manages rentals for a 20% fee. Ask for the residence’s rules on short-term rentals.

BUYING IN PELICAN KEY

Pelican Key is on the Dutch side. Foreign buyers purchase freely, in their own name or through a company. A civil-law notary checks the title, holds the deposit (usually 10%) and registers the deed. Transfer tax is 4%, paid by the buyer, and total closing costs commonly come to about 5.5% of the price. Our buyer guide on [hidden information] explains each step.