Properties

Property Description

LOCATION, VISIBILITY AND OPPORTUNITY ARE JUST SOME OF THE REMARKABLE EARMARKS OF THIS COMPLETELY LEVELED, READY TO DEVELOP, AND CENTRALLY LOCATED 58-ACRE COMMERCIAL/RESIDENTIAL LAND TRACT WITH A 1,000FT OF DIRECT OCEANFRONT AND BEACH ACCESS.

THIS “RARE AND UNIQUE” 58-ACRE LAND PARCEL IS IDEAL FOR A MIXED USE DEVELOPMENT THE INCORPORATES LARGE ANCHOR STORES SUCH AS; SUPERMARKETS, BANKS, RESTAURANTS (FAST FOOD/HIGH-END RESTAURANT CONCEPTS), MOVIE THEATRE, HARDWARE STORES, KNUTSFORD EXPRESS AND A HOST OF OTHER WELL NEEDED SERVICES WITHIN CLOSE PROXIMITY OF “VERY UNDER-SERVED AND HIGH NET WORTH COMMUNITIES” (RICHMOND ESTATES, PARADIASIAC BEACH CLUB, CARDIFF HALL, BENGAL BEACH, DISCOVERY BAY AND TRELAWNY) WITH RESIDENTIAL DEVELOPMENT POSSIBILITIES ALONG THE REAR AND OCEANFRONT PARCEL OF THE LAND.

THE NEIGHBOURING GATED “NEW OCEANFRONT HOMES” THAT ARE NESTLED JUST ACROSS THE STREET FROM THIS 58-ACRE LAND PARCEL ARE BEING SOLD FOR US$2,000,000+ EACH, WITH ABSOLUTELY NO RETAIL SHOPPING OR COMMERCIAL SERVICES WITHIN A 40-MILE RADIUS (OCHO RIOS, DRAXHALL, ST ANN’S BAY AND TRELAWNY ARE THE ONLY “CLOSE AND CURRENT OPTIONS” WHICH ALSO HAVE THEIR RESPECTIVE LIMITATIONS).

THIS GEM OF AN OPPORTUNITY IS CONVENIENTLY LOCATED AT THE MAIN ENTRANCE OF THE JEWELS RUNAWAY BAY RESORT AND IS RIPE FOR A PLETHORA OF USES.

THE VALUATION REPORT IS OVER THREE YEARS OLD AND REFLECTS A US$29,000,000.00 VALUE WITHOUT THE CONSIDERATION OF THE PROPERTY’S MULTI NEW MILLION DOLLAR HOME NEIGHBORS AND OTHERS.

A JOINT VENTURE/SELLER FINANCING WITH “MUTUALLY BENEFICIAL TERMS” WILL BE CONSIDERED.

THE PROPERTY SITS DIRECTLY ON THE NORTH SOUTH HIGHWAY, WITH AN EXTREMELY HIGH VISIBILITY, AND SEES OVER 800,000+ VEHICLES “DAILY”.

THE PRICE IS EXTREMELY NEGOTIABLE AND THE OWNER WILL ENTERTAIN ALL REASONABLE OFFERS.

MULTIMILLION DOLLAR VILLAS (https://www.locatorzone.com/advert/palm-beach-at-runaway-bay-runaway-bay-jamaica/) SITS DIRECTLY ACROSS THE STREET FROM THIS GEM OF A PROPERTY AS WELL AS THE JEWEL RUNARAY BAY TO THE REAR OF THE PROPERTY.

THERE ARE NO RESTAURANTS, BANKING, SHOPPING, PROFESIONAL OFFICE WITHIN A 10 MILE RADIUS OF THIS HIGH INCOME EVER EVOLVING AREA.

“IF YOU BUILD IT, THEY WILL CERTAINLY COME”

Features
: None
: Cable Available, Electricity Available, Sewer Available, Water Available
Address Map
US
OC
Out of Area
Salem
59500
SALEM RD
W78° 41' 12.5''
N18° 28' 6.7''
99999 - Unknown
LAND
Additional Information
-
: Public
2024-03-26
: Mixed Use
Financial
400
Listing Information
278023454
276659316
Active
2024-03-28T22:33:09Z
Stellar
: None
2024-03-26T22:21:19Z
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Salem

Salem Rd, Salem, Oc 59500

58 Acre
$35,000,000
Listing ID #O6190680
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : O6190680
Price : $35,000,000
View : Trees/Woods
Lot Area : 58 Acre
Status : Active
Office Name : PRA AND COMPANY REALTORS
Agent Name : Paul Atkinson
Listing Status : Active
Contact Agent
Property
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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