388 Acres of Land with Valid Land Consultation In-Place for a Beachfront Master Planned Development

For Sale

East of State Road PR-686 and South of State Road PR-692, Puerto Nuevo Ward, Vega Baja, PR 00693

This Vega Baja property for sale is located at East of State Road PR-686 and South of State Road PR-692, Puerto Nuevo Ward. The current listed sale price for 388 Acres of Land with Valid Land Consultation In-Place for a Beachfront Master Planned Development is $12,900,000. 388 Acres of Land with Valid Land Consultation In-Place for a Beachfront Master Planned Development is situated on a lot that is 387.74 acre in size.

Contacts

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 387.74 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 16, 2024
The immediate neighborhood is characterized by the presence of Playa Puerto Nuevo (Puerto Nuevo beach), which gives the area a touristic feel, with many residential properties geared towards the second home market. The neighborhood’s boundary limits can be delineated as follows: Atlantic Ocean to the north; large vacant land parcels to the south; Cibuco Wetland Natural Reserve to the east; and numerous residential developments to the west, which include San Demetrio, Chalets de la Playa, Mar del Norte Community, Atlantic View Court, Villa de la Playa, Villa los Pescadores, Veredas del Mar Condominium, and Monte Mar Villas, amongst others. The area is about 40% built-up and general access is provided by way of State Road PR-686, the main artery of the area.This offering refers to a 387.74 acres vacant land parcel with beach frontage, having a valid land consultation in-place for a master planned development to include over 1,000 single- and multi-family residences, as well as a tourist-oriented component. Its level topography, its mostly non-floodable classification, its configuration with an excellent width-to-depth relationship and most importantly, its beach frontage and closeness to the world known Puerto Nuevo Beach, recipient of the iconic Blue Flag award for numerous years, makes this property a developer's dream.

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Highlights

  • Asking Price: $12,900,000 OBO
  • Land Area: 1,569,146.81 square meters, equivalent to 399.23 cuerdas or 387.74 acres
  • Coordinates: 18.488740; -66.394320
  • Tax Code #'s: Various (refer to areas' breakdown in "Documents" TAB)
  • Flood Classification: Mostly X (outside flood prone area) with minor areas classified AE, 0.2 PCT & VE
  • Shape: Irregular, with an excellent width-to-depth relationship for development
  • Topography: Level
  • Zoning: R-I (medium density residential); R-G (rural general); CR (conservation of resources); & PR (preservation of resources)
  • Permits: Valid land consultation in-place for a master planned development to include over 1,000 single- and multi-family residences, as well as a tourist-oriented component.

Attachments

Getting around

  • 14/100

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Location

  • City Vega Baja, PR
  • Neighborhood Puerto Nuevo
  • Zip Code 00693

Points of Interest

  • Puma

    1.07 miles

  • Gulf

    1.72 miles

  • VP Racing Fuels

    2.80 miles

  • Mobil

    2.84 miles

  • Texaco

    3.07 miles

  • Total

    3.09 miles

  • Los Tubos MTB Trail

    5.47 miles

  • La Poza de las Mujeres

    7.38 miles

  • Estacionamiento Balneario Manuel Nolo Morales

    7.44 miles

  • Hyatt Residence Club Dorado, Hacienda del Mar

    4.97 miles

  • Dorado Beach, a Ritz-Carlton Reserve

    6.21 miles

  • Hyatt Place Manatí

    6.51 miles

  • Embassy Suites by Hilton Dorado del Mar Beach Resort

    8.00 miles

  • Econo

    0.75 miles

  • Hubbell

    2.43 miles

  • Matosantos

    2.44 miles

  • Vaint

    2.51 miles

  • SuperMax

    2.92 miles

  • Me Salvé

    3.19 miles

  • Supermercados Econo

    3.20 miles

  • Grands

    3.21 miles

  • Burlington

    3.21 miles

  • Selectos

    3.58 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate