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Ferry Road Manor - Income Generation Potential , Corozal Bay, Corozal District

House For Sale

$450,000 USD
$450,000 USD
  • 5 Beds
  • 5 Baths
  • 3,000 Sqft
  • 1 ac Lot Size
  • Residential
Open House
No open houses are scheduled at this time.
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Property Summary for Ferry Road Manor - Income Generation Potential

Type
Residential
Style
2 Storey
Lot Size
1 Ac
Year Built
2015

Description for Ferry Road Manor - Income Generation Potential

Welcome to Ferry Road Manor, where luxury meets functionality in this expansive estate spanning over 3000 square feet. Crafted with meticulous attention to detail, this home boasts a design that caters to both comfort and opulence.

Nestled on a secure double lot of one acre, strategically elevated to withstand potential hurricanes, this residence stands on 15-foot pylons and is constructed using the finest regional materials, ensuring durability and longevity.

The heart of this home lies on the second level, where vaulted ceilings and large windows invite Caribbean sunlight and coastal sea breezes to sweep through, offering year-round enjoyment of tropical living. Each room is equipped with split-unit air conditioning, meticulously maintained for optimal comfort.

Custom woodwork, masterfully crafted by local artisans using premium mahogany, adorns every corner, adding a touch of elegance and warmth throughout.

The lower level features two spacious apartments, each complete with ensuite bathrooms, full-sized kitchens, laundry rooms, and living spaces, providing guests with the utmost comfort or offering potential for lucrative short-term rentals in this thriving market.

Located in the affluent Ferry Road neighborhood, on the outskirts of Corozal Town, this area is poised for rapid expansion with major infrastructure projects underway, including the New River Bridge. Real estate values have been steadily rising in anticipation of these developments.

Residents of Ferry Road enjoy proximity to amenities such as seaside dining, major retailers, a gas station, and easy access to the airstrip and hospital. Additionally, a short 20-minute commute takes you to Chetumal, Mexico, renowned for its world-class dining, shopping, and healthcare facilities, with further enhancements underway, including the completion of the Tren Maya and airport upgrades for international flights.

Don't miss out on the opportunity to own this gem in a rapidly expanding market. Seize your chance to experience the epitome of coastal luxury living at Ferry Road Manor.

Note: Pink interiors are down stairs apartments. A swimming pool can be constructed for as little as $15,000 USD.

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Listing provided by Point2

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