utropia
Red Pond Estate

48 acres Beachfront Hotel / Condo Development land

194k m2 lot area
0 m2 living area
- bedrooms
- bathrooms
$30,500,000

Description

Asking Price US$30,500,000.

Almost 4000 feet of ocean frontage on the Caribbean Sea facing the neighboring island of St. Barths. This stunning property represents one of the last beachfront hotel development sites on the Dutch side of St. Maarten. Located along the eastern coastline, the property is surrounded by several affluent gated communities including Guana Bay, Mandara Residences, Tamarind Hill, Dawn Beach Estates, Ocean View Terraces, and Red Pond Estates.

In 2005 plans were announced for the southern portion (30 acres) of this land to be developed into a condo community known as Aquarius Beach Club, and the northern portion of the land was slated to become a JW Marriott condo hotel. Both projects were sidelined due to the global financial crisis in 2007. Combined these two parcels offer the opportunity to do a mixed use condo hotel development spread over 48 acres. This area has remained untouched for over a decade, but both land owners are now ready to sell!

Included amenities

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Technical information

Build

Type of apartmentLand

Surfaces and content

Living0.00 m2
Lot area194249.00 m2

Homeowners Association (HOA)

HOA PeriodMonth