$1,650,000

Parcel 60703/51 presents a rare opportunity to acquire a strategically located high-density residential redevelopment site in Blue Mountain, Providenciales, offering a 180 degree-unobstructed view of Turtle Cove shoreline and the world’s third largest barrier reef. Offered primarily for its land value, the property comprises approximately 0.97 acres and is zoned High-Density Residential, allowing for a broad range of development outcomes including multi-family, condominiums, apartments, guest house/hotel, and clustered residential formats. The site is currently improved with a main dwelling, the second floor containing 3-beds 2-baths, and the first floor with a 1-bed independent unit. There is also a 1-bed detached cottage, each building is equipped with its own water cistern. The main dwelling has a loft which served to facilitate the owner’s Ham Radio emergency services back in the pioneering years of Providenciales. The room is decorated with radio contacts cards and awards earned for services which no doubt provided guidance and helped to avoid sea-related disasters. A perspective buyer may choose to preserve the building given this bit of history as an option. However, there are many options that can be applied to this property, utilities are available, and the site is fully accessible and can support an efficient transition from acquisition to planning and development if need be. Under current zoning regulations, the site supports compelling development yields. This density profile positions the parcel as an ideal candidate for developers targeting long-term residential demand, rental housing, or boutique hospitality concepts in an increasingly supply-constrained market. For purchasers seeking flexibility, the existing improvements may provide short-term holding or caretaker use while development planning, permitting, or market timing is finalized—allowing for land banking without compromising long-term redevelopment objectives. Serious developer and investor inquiries are invited. Detailed zoning information, survey, and due diligence materials are available upon request. Opportunities of this scale and zoning flexibility in Blue Mountain are increasingly scarce. A ‘must see’ property.