Coral Reef Apartments features a total of 18 apartments (12 x 1 bedroom units and 6 x 2 bedroom units). With a total of approximately 9,000 square feet (approximately 450 sq. ft. 1 bedroom units and approximately 700 sq. ft 2 bedroom units). Four of the one bedroom units and one of the two bedroom units have been renovated (paint, fixtures, counter tops and some tile work). There is plenty of room on the property to continue development including additional units and a small swimming pool with deck. The Adjoining property to the south is also for sale. The long term rental market in San Pedro Town has exploded over the past two years and this complex would do very well in that capacity.
The property is located on the paved road approximately ¾ of a mile from San Pedro Town Central Park and has access to all city services and utilities (sewer, water, electricity, cable TV, high speed Internet and garbage collect) as well as shopping, restaurants, bars and of course the beach.
Property Tax: $180.00 USD
NOTE: Some of the images on Google Earth are out of date and may not accurately represent the area at this time.
- Address: Coconut Drive, San Pedro, Belize
- Price: $1,099,000
- Property Size: 220' x 125'
- Location: In-Town
- Location Type: In-Town