AddressBo Cedros Pr 185 Km 14.3, CAROLINA, PR, 00979

Price$550,000

  • Land

    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

    Essential Information

    • MLS® #PR9104398
    • Price$550,000
    • Bathrooms0.00
    • Acres16.00
    • TypeLand
    • StatusActive

    Community Information

    • AddressBo Cedros Pr 185 Km 14.3
    • AreaCarolina
    • SubdivisionBO CEDROS
    • CityCAROLINA
    • CountyCarolina
    • StatePR
    • Zip Code00979

    Amenities

    • ViewMountain(s)
    • Is WaterfrontYes
    • WaterfrontRiver Front

    Exterior

    Additional Information

    • Date ListedFebruary 4th, 2024
    • Days on Market103
    • ZoningLAND SRC

    Listing Details

    • OfficeHED PROPERTIES LLC

    Lot Description

    Buildable, Mountainous, Oversized Lot, Private, Rural, Paved

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    Price Change History for Bo Cedros Pr 185 Km 14.3, CAROLINA, PR (MLS® #PR9104398)

    Date Details Change
    Price Reduced from $625,000 to $550,000 $75,000 (12.00%)
    Price Reduced from $750,000 to $625,000 $125,000 (16.67%)

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