Affordable Housing Development on 47 Cuerda | $575,000 | MLS# 62079
Sylvia Selles Alverio Agent Photo
Sylvia
Selles Alverio
C. (787) 627-0600
P. (787) 627-0600
License #: C17343
Phone Sylvia remax-realrealtypr.com
RE/MAX Real Realty
Ave Degetau D-7 Urb. San Alfonso, Caguas PR

Puerto Rico
MLS# 62079

Details

%
Years (35 year max)
Years



AreaCallejones
Sub AreaCallejones (Barrio)
State/ProvinceLares
CountryPuerto Rico
Price$575,000
Property TypeCommercial Space
Floor Space1988406 Square Feet
Lot Size184729.00 m²
Year Built2019
MLS® #62079

Prime 47-cuerdas (45.65-acre) affordable housing development opportunity ready for reactivation. Formerly approved for 200 single-family homes, this shovel-ready project includes 8 existing shell houses (2BR/1BA, 900–1,000 SF each) with proven market demand, two completed homes sold immediately in 2023. Located in Bo. Callejones, Lares, with direct access from PR-129, outside flood zones (FEMA X). Permits can be reactivated without resubmission if original density is maintained. Ideal for developers or investors seeking phased or full-scale housing development. Serious inquiries only. NDA required to access plans and permits..


Listed by PMI Puerto Rico, Inc


Location

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Data Source: Statistics Canada
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About

Real Estate Broker and President of Real Realty Group since 2011. Real Realty Group is a company dedicated more than a decade ago to serve as an intermediary in the sale, purchase and rental of residential and commercial properties. Our mission is to satisfy the expectations of each represented driven by our knowledge, commitment and consistency.