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Listed by Walter Gardiner Christie's International Real Estate
$ 4,290,000
Est. payment /mo
New
INVESTMENT OPPORTUNITY IN GRACE BAY Providenciales, BC
2,830 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,830 sqft
Price per Sqft $1,515
MLS Listing ID 2600572
Year Built 2004
Property Description
Prime property just steps from the world-renowned Grace Bay Beach and amongst five-star resorts offering unmatched potential for visionary developers seeking to create a boutique hotel, condo hotel, or luxury residential project. Currently operating as a profitable short-term rental with a charming two-story duplex, this property provides immediate income while presenting a rare chance to unlock its full development potential. Located in the vibrant core of Grace Bay, this site is perfectly positioned within walking distance to top-tier dining, high-end shopping, and the pristine sands of Grace Bay Beach. Zoned for tourism/hospitality, the property offers flexible development options to suit your vision—whether building a boutique hotel, condominium complex, or mixed-use hospitality development. This is a unique opportunity to acquire a sizable property with strong income history, strategic location, and zoning that supports upscale redevelopment in one of the most sought-after areas of Providenciales. With the continued growth of Grace Bay as an international destination, this property presents a compelling upside for investors and developers ready to capitalize on future development opportunities. Prospective purchasers are encouraged to conduct their own due diligence and secure all necessary planning approvals. Included in the photo gallery is a conceptual architectural rendering illustrating the potential for an elegant boutique condominium development. The rendering is intended to showcase one possible vision for the site and inspire future development possibilities.
Location
State BC
County Providenciales
Community Sale Only
Zoning Hotel Tourism
Interior
Interior Features Air Conditioning
Heating Cable, Electrical, Septic, Telephone
Cooling Split
Exterior
Exterior Feature Fully Fenced, Outdoor Pool
View Ocean View
Roof Type Asphalt Shingle
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