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Bayshore Dive, Southend, Corozal Town, Placencia, Stann Creek, Belize

  • Posted: 10/22/2019 1:31:52 PM
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$525,000 USD

UPSCALE SEA VIEW ESTATE ON BAYSHORE DRIVE – VERY SPACIOUS PROPERTY located on Bayshore Drive, Southend, Corozal Town, Corozal District. The property sits on 1,414.480 Square Yards along a canal that connects to the Corozal Bay. An extra adjacent empty canal front lot measuring 1,346. Square Yards is included in the sale. An apartment building or a residential building can be constructed on the empty lot. The main upstairs consists of 2 bedrooms, 2 full baths, kitchen, foyer, large dining and living room areas, formal office area, large laundry room, outside kitchen, lots of veranda space. The total square footage for the upstairs is approximately 2,000 square feet. The open veranda upstairs has great views of the Corozal Bay. Downstairs is divided into two apartments. The first apartment consists of two bedrooms, two bathrooms, kitchen and dining area and is rented for $975.00US per month. The second apartment is divided into 1 bedroom, 1 bathroom, kitchen and dining area and is rented for $$795.00US per month. The downstairs area comprises of an additional 2,000 square feet of space. The average occupancy rate for both apartments has been 80% yearly. All kitchen cabinets are built from Belizean exotic hardwoods throughout. Interior doors are solid Belizean hardwood. Exterior doors and windows are glass. The roof is made of made of poured reinforced concrete. The entire house is built from cement blocks and reinforced with concrete throughout. The entire floors are tiled. The property has access to a short docking area on the canal side that connects to the Corozal Bay. The house is designed as an open concept to make full use of the year round bay breezes. There is a substantial saving bonus as air conditioning is not needed in this house but installed in the two rental apartments. Ceiling fans are strategically placed throughout the house and apartments. The property is being offered as “Move in Condition” with all furniture, appliances, kitchenware, other extras including an empty canal front lot. Legal Description of the Property of House Lot:- Registration Section: San Andres/Ranchito Block Number: 1 Size: 1,414.480 Square Yards Total Building Area: 4,000 Square Feet Value of House and Lot: $445,000.00USD Legal Description of the Property of Empty Canal Lot:- Registration Section: San Andres/Ranchito Block Number: 1 Size: 1,346.741 Square Yards Value of Empty Canal Lot Adjacent: $80,000.00USD SERVICES AND AMENITIES:- Water: Yes (BWSL) and Rain water cistern Sewerage Disposal: Septic Tank Electricity: Yes (BEL) Telephone: Yes (BTL/SMART) Street Lighting: Yes (BEL) Cable T.V. Yes Street: Sandy Sidewalk No Distance to transportation: Adequate Distance to nearest school: Adequate Distance to local shopping: Adequate