Description
Developer's dream! This 22.83-acre site is nestled between Sandcastle Estates an enclave of North Caicos finest homes, Royal Reef Property, and Seaside Estates. The parcel boasts over 700 feet of spectacular beach frontage in a wonderfully sheltered bay with powdery white sand and pristine turquoise waters. The sunsets from this north shore vantage are divine and the location is superb within walking distance to the exclusive Sandcastle Estates and North Caicos Yacht Club with the ultra-exclusive Parrot Cay Resort just a mere 5 minutes away by boat. At a price of $10,100,000.00, this works out to approximately $440,000/acre which is modest for such prime beachfront land in the Beautiful By Nature Turks and Caicos Islands. Stamp Duty in North Caicos is 6.5% compared to 10% on similar pieces on some of the other Islands such as Providenciales. Be ahead of the curve and purchase before North Caicos experiences a resurgence in development.
