




US$ 4,900,000 MLS #420894
About the Property
Today, this turnkey penthouse is fully equipped for immediate enjoyment as well as investment, as this complex is under an existing renovation proposal. Its prime beachfront location makes it exceptionally attractive for short-term vacation rentals, delivering strong occupancy rates in one of the Caribbean’s most sought after destinations.
However, this is far more than a beautiful beachfront condo. It presents a rare investment opportunity on Seven Mile Beach with very significant built-in appreciation. A reputable international developer that already has a footprint on Seven Mile Beach has begun the early stages of redeveloping this premier property on the basis of creating an ultra high end property. Please inquire for more information.
Price will increase as the project advances.
Property Details
Basic Info
- Bedrooms3
- Bathrooms3
- Sq. Ft.2,650
- Year Built1989
Outdoor Features
- Exterior Features
- Pool
- Garage: 1
Location & Neighbourhood
Seven Mile Beach
Seven Mile Beach
Learn moreWinning hearts and awards alike — Seven Mile Beach was voted the “Best Beach in the World” in 2015, and is the most popular and well-known area in Grand Cayman. More than just a pretty face, it offers easy access to various amenities, restaurants, and retail shops, making it a true taste of island paradise (one as delicious as our Cayman delicacies at that). 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 the island lifestyle that comes with it. With a host of restaurants, shops, nightclubs and water sports activities to enjoy, Seven Mile Beach offers Caribbean luxury living at its very best in one of the safest countries in the world (dependant on your Jet Ski skills, of course).
Estimate Your Monthly Mortgage Payment With Ease And Precision
Your Monthly Mortgage Payment
Mortgage amount $7,040,000
Deposit $1,760,000
$51,657
Estimate monthly payment
$880,000
Estimate Closing Costs
*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.
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