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  • Sale
  • Residential
  • Current
CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Cayman Reef Resort Beachfront With Future Redevelopment

US$2,800,000 Seven Mile Beach, Cayman Islands
  • 1982Year Built
  • 419602MLS#
  • 1,100Sq. Ft.
  • 3
  • 2

Register
Interest

Description

Escape with panoramic ocean views from the balcony of this converted 3 bedroom condo at Cayman Reef Resort. Renovated to increase living space and efficiency for rental, the main level has 2 bedrooms, one bath, kitchen, and living with a balcony overlooking Seven Mile Beach. The upper level has a loft/den that overlooks the living area and an additional bedroom and bathroom. Currently only rented as a 2bed, the condo sees roughly $125K gross income per year with frequent owner usage. Future bookings are already confirmed, so you can step in with instant income. Cayman Reef Resort offers an elevated beachfront seating area with chaise lounges and umbrellas, and easy access to the ocean and beach. There is also a centrally located pool and tennis/pickleball court near the entrance of the complex. The condo has one assigned parking spot, and there is ample visitor parking for additional cars near the entrance as well. Camana Bay is only a few minutes' walk over the bypass bridge for shops, restaurants, fitness studios, and movie theater. Dozens of restaurants and more shops are all within a short walk. More importantly! Cayman Reef Resort and Seagull will be combining to redevelop with a new design - already voted to move forward by the owners. Contact for more information on the future of the development and get in now before the price is sure to increase soon!

Property Details

Property Type: Residential
Listing Type:Condominium
Property Status: Current
Address: Seven Mile Beach
Views: Beach Front
Block: 12E
Parcel: 53H30
Foundation: Slab
Floor Level: 2
Sea Frontage: 200

Amenities

Pool Furnished

Neighbourhood

Seven Mile Beach

Seven Mile Beach

Continually voted in the top 10 beaches in the World and recently considered "The Caribbean's Best Beach", Seven Mile Beach is the most popular and well-known area in Grand Cayman, with easy access to various amenities, restaurants, and retail shops. Home to luxury resorts, condominiums, and hotels, Seven Mile Beach is the heart of Cayman's tourism scene. This is an ideal area for beachfront condominiums, holiday homes and investment opportunities for residents that enjoy easy access to the ocean and miles of white sandy beach. With a host of restaurants, shops, nightclubs and watersports' activities to enjoy, Seven Mile Beach offers Caribbean luxury living at its very best in one of the safest countries in the world.

Property Location

Address
Seven Mile Beach
Cayman Islands

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).