$4,200,000

Cayman Reef 3 Bedroom | Seven Mile Beach | Redevelopment Potential

  • 3 Beds
  • 2 Baths
  • 1,508 Sqft
  • Updated: Yesterday
  • 1

About the Property

Enjoy the very best of Seven-Mile Beach living from this well-proportioned three-bedroom residence at Cayman Reef Resort. With its flexible three-bedroom layout, established and highly successful vacation rental use and prime position in the complex, this unit offers plenty of appeal in its current form; however, it is the potential longer-term redevelopment of Cayman Reef that makes this an espec
Enjoy the very best of Seven-Mile Beach living from this well-proportioned three-bedroom residence at Cayman Reef Resort. With its flexible three-bedroom layout, established and highly successful vacation rental use and prime position in the complex, this unit offers plenty of appeal in its current form; however, it is the potential longer-term redevelopment of Cayman Reef that makes this an especially compelling opportunity. With the strata ownership in ongoing discussions regarding the future redevelopment of the complex, purchasers have the opportunity to secure an interest in a highly desirable Seven Mile Beach property at a potentially important stage of its evolution. While any redevelopment remains subject to ongoing discussions, agreement, and in time the necessary approvals, the potential future value of the site adds a significant additional dimension to this offering.

Offering 1,508 sq. ft. across two levels, this second floor residence features three bedrooms and two bathrooms, with a distinctive floor plan that creates excellent separation between the living and sleeping areas. The two-storey configuration belies the headline square footage, as it offers a wonderful sense of space and privacy, making it particularly well suited to families, vacation homeowners and rental investors alike. The living and dining areas open directly onto a private balcony overlooking the beautifully maintained grounds, the beach and the Caribbean Sea — the perfect spot for morning coffee, evening sunset drinks or simply enjoying the tropical surroundings. Upstairs, the primary and second bedrooms benefit from a shared balcony, providing additional private outdoor space and elevated sea views.

At Cayman Reef, Seven Mile Beach is on your doorstep, enjoy walks along the length of Seven Mile, or lounge by the large swimming pool, or play on tennis court, all surrounded by attractive landscaped grounds. The location of Cayman Reef Resort is difficult to beat. Camana Bay, restaurants, cafés, shopping, entertainment and everyday conveniences are all within walking distance, while George Town and the airport are a short drive away.

Member of CIREBA. CIREBA MLS 421277
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  • Property type

    Apartment

  • Floors

    2

  • Year built

    1982

  • Price/sqft

    $2,785

Features

Features

Lot

Indoor

  • High Ceiling
  • Wine Cellar
  • Elevator
  • Stone Countertops
  • Fitness Center / Gym

Outdoor

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Grand Cayman, Cayman Islands View on Google Maps
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Nick Sellars
Cayman Islands
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Nick Sellars Nick Sellars background
8
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2023
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REMAX Cayman Islands
REMAX Cayman Islands
Seven Mile Shops, 215B West Bay Road, Grand Cayman, KY1-1201, Seven Mile Beach, Cayman Islands
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REMAX Cayman Islands is the #1 real estate company in the Cayman Islands based on 2025 sales volume and consistent
REMAX Cayman Islands is the #1 real estate company in the Cayman Islands based on 2025 sales volume and consistently ranks in the top 10 offices worldwide. Open since 1991, REMAX Cayman Islands is a leading real estate brokerage delivering exceptional service across residential, commercial, and luxury property markets. Backed by the global strength of the RE/MAX brand and driven by deep local expertise, our team is committed to helping clients buy, sell, and invest with confidence. Beyond real estate, we are proud to give back to the Cayman community through active involvement, sponsorships, and charitable initiatives that make a meaningful impact. Whether you’re searching for your dream home, a beachfront retreat, or a strategic investment opportunity, we deliver market insight, integrity, and results you can trust in one of the Caribbean’s most dynamic markets. 
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Last updated
Yesterday
First listed
September 29
Listing reference
REM-4832
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