Terra

THE PRICE WAS RECENTLY REDUCED (MOTIVATED SELLERS) A 4 AC. BEACHFRONT-A DEVELOPER’S DREAM LOCATION. With most of the island’s best beaches in the possession of existing luxury developments on South Caicos, this is an extremely rare opportunity to purchase this four-acre amazing beachfront lot. Elevated and on a ridge that runs along the eastern shore of the island, it offers panoramic vistas as far as the eye can see. With luxury waterfront villas on South Caicos selling for up to and exceeding thirteen million dollars, this lot, with 375 linear feet of frontage, would be ideal for a luxury boutique resort development. With each beachfront villa occupying 60 feet of frontage, you can build 6, and if sold at $13,000,000 each, you gross $81.0 M. This does not include the remaining Oceanview and garden view villas. The density in TCI is 14 units per acre. This beachfront lot has been this beautiful for millions of years, just waiting for you to create your dream luxury resort on beautiful South Caicos. With American Airlines commencing direct flights from South Florida in February, the island is expected to see an immediate increase in the number of very high-end visitors to the existing resorts like Sailrock and the Marriott.