Trafalgar Plaza – Prime Dev’t Site
MLS: 418229
$10,000,000 USD
Property Description
Trafalgar Plaza is located in a high traffic location opposite Seven Mile Beach with great visibility. It is adjacent to Public Beach on West Bay Road in a rapidly developing area of exclusive resorts, prestigious residential developments, and fine shops, restaurants, and commercial businesses. This superior Hotel/Tourism zoned development site is comprised of 1.544 acres. The property can facilitate a development with the scale to afford significant returns on investment. This site can accommodate a new 2 storey retail center with an 8 to 10 storey building behind it with 38 apartments. A site redevelopment feasibility study has just been completed and is available for review. In terms of land with West Bay Road frontage and high density zoning, with beachfront access to a public park just across the street, sites like this very rarely become available. This is a tremendous opportunity to acquire Trafalgar Plaza, where you can gain rental income while development plans are prepared.
Property Features
- Stories: 2