Enterprise 14 TH Development
This opportunity presents huge upside, sitting within a short-term driven community of high rental yield.
Nestled on the south coast of the island within walking distance to Miami Beach, this 12 lot development is approved for 7 full duplex structures (14 off-plan units) valued between BBD 575K to 650K per unit/side.
The current owner has done 95% of a turn key investment development with the below infrastructure:
Road: - Concrete road erected 16’ wide. 3,750 psi density.
Drainage: - Underground drainage & wells erected in accordance with TCP conditions.
Water: Installed 555’ of 4” water pipe, control valve, 6 service crossings & 12 ¾” service lines.
Electricity: Installed overground poles & elec. service installed in the dwelling house.
Building approved plans for 14 duplex TH units or 10 single dwelling units.
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Within the surrounding areas, there are similar developments such as:
East-Pearl Gardens (6 unit townhouse (“TH”) development) & StarGaze Haciendas (6 unit TH development)
South & South West-Cotton Bay Close I & II-3/3 bath TH gated developments.
Palm Gardens and Enterprise Villas (semi-detached 3&4 bed units) are also similar sold out developments.