Well the beauty of a buyers market are the incredible buys. If you have money to invest, now's the time. And if you're willing to roll up your sleeves, the opportunities are even greater.
This particular piece of property sits amid homes that have sold in the million dollar range. Currently there are three self contained, fully functional living units - casitas, within one structure. These could be rented and provide some nice passive income.
However, for the buyer who is motivated, this is a large, high end piece of property, more suited to an estate. These sellers are ready to move, and this property is priced well below market. If you have the wherewithal to build, here's your chance to own a beachfront palace for a fraction of the cost.
|Playa Miramar Beachfront Property + 3 Casitas L1 M14, Rocky Point Puerto Penasco, Mexico, AZ
|End of the Road Privacy! Just Reduced!
|3BR/3BA Multi-Family, 3 units
||offered at $239,000
||3 full, 0 partial
||$0 per month
WAS $575K-REDUCED $336K-Value is in the Land Here~Seller willing to carry- PRESENT AN OFFER TODAY. Trust in place with LLC as Beneficiary. The entire property is walled in with 8,396sf / 780sm there is plenty of room to build onto the casitas or build another home on the property. Casitas could be rented $$ - Two casitas on the ground floor level and one casita upstairs. Each has 1br/1ba & kitchen, upstairs casita has a large patio offering wonderful views of the Sea of Cortez and La Pinta estuary. This a desirable quiet end of the road location, a very short walk to the Mayan Palace resort and beachside restaurants. *Electricity is being installed during 2010* Now is a great time to invest in this beachfront property!
Ownership Documents: Bank Trust- Scotia Bank Inverlat Bank Trust,
Beneficiary MC ALAPLAYA, LLC.
Yearly HOA: $550.00 USD.
Taxes: @ $180 USD
Gas: Propane ,
Electricity: Solar Only
Extra Room: Storage
Floor Coverings: Tile
Each Casita Offers Appliances.
Propane Water heater; Oven/Stove; Refrigerator
Patio: Uncovered Slab
Air Conditioning: None
Heating:Propane Wall Units
If you haven't yet heard about Rocky Point/Puerto Penasco, Mexico, you soon will (whether you read on or just keep your ear to the ground).
Miles and miles of sandy beach, located at the tip of the Sea of Cortez, no hurricanes or tsunamis. A five hour drive from San Diego on the new intercoastal highway, only four from Phoenix or Tucson. Over 50 developments either built or in the works, including a Marriot and the Mayan Resort. Add to that the recent announcement by Holland Amercia and Carnival Cruise Lines to use Rocky Point as a destination port. With a brand new international airport, this place is taking off.
Toss in 340 days a year of sunshine and only two inches of rain, and you've got a future so bright you'll need those shades. If you'd like more information I look forward to hearing from you. Nos vemos pronto.