4-Story Value-Add Investment Opportunity in Escalante, Ambergris Caye

Description

For an investor looking for a substantial value-add opportunity on Ambergris Caye, this one deserves a closer look. Located in Escalante, one of San Pedro’s more desirable established residential neighborhoods, the property features a substantial four-story concrete building with approximately 2,500 square feet per floor, plus huge verandas on every level. The first floor is already finished and occupied. The remaining three floors are at various stages of construction, giving the next owner the opportunity to step into an existing project and finish it according to their own investment strategy. Potential for 7 Residential Units First Floor – Finished & Occupied Approximately 2,500 sq. ft. with 3 bedrooms + flex room and 2 bathrooms, plus a large veranda. Second Floor Configured as two 2BR/2BA units, with windows installed and tile already down. Third Floor Configured as two 2BR/2BA units, with walls and ceiling already in place. Fourth Floor Configured as another two 2BR/2BA units, with elevated Caribbean Sea views. Every floor also benefits from an expansive veranda, creating substantial outdoor living space for the future residences. Buy It. Finish It. Choose Your Strategy. This is where Parcel 2680 gets interesting for an investor. Live + Finish: The first floor is already completed, giving you the option to live on-site while finishing the remaining building. Finish + Hold: Complete the six 2-bedroom units and position the property for long-term rental income. Finish + Strata: Explore stratifying the building and selling the residences individually once completed, subject to the required legal and regulatory approvals. Hybrid: Sell some units to recover capital while retaining others as long-term income-producing assets. The expensive and time-consuming pro