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MLS#: 419602

Cayman Reef Resort Beachfront With Future Redevelopment

Seven Mile Beach, Grand Cayman
US$2,800,000
Type: Residential
  • 3
    BED
  • 2
    BATH
  • 1,100
    SQ FT
  • 1982
    YEAR BUILT
86 people viewed this property since last week.

Property Information

Escape with panoramic ocean views from the balcony of this converted 3 bedroom condo at Cayman Reef Resort. Renovated to increase living space and efficiency for rental, the main level has 2 bedrooms, one bath, kitchen, and living with a balcony overlooking Seven Mile Beach. The upper level has a loft/den that overlooks the living area and an additional bedroom and bathroom. Currently only rented as a 2bed, the condo sees roughly $125K gross income per year with frequent owner usage. Future bookings are already confirmed, so you can step in with instant income.

Cayman Reef Resort offers an elevated beachfront seating area with chaise lounges and umbrellas, and easy access to the ocean and beach. There is also a centrally located pool and tennis/pickleball court near the entrance of the complex. The condo has one assigned parking spot, and there is ample visitor parking for additional cars near the entrance as well. Camana Bay is only a few minutes' walk over the bypass bridge for shops, restaurants, fitness studios, and movie theater. Dozens of restaurants and more shops are all within a short walk.

More importantly! Cayman Reef Resort and Seagull will be combining to redevelop with a new design - already voted to move forward by the owners. Contact for more information on the future of the development and get in now before the price is sure to increase soon!

Property Details

  • Status: New
  • View: Beach Front
  • Listing Type: Condominiums
  • Pets Allowed: No
  • Den: No
  • Floor Level: 2
  • Furnished: Yes
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*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.
The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

About CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Cayman Islands Sotheby's International Realty is located in a unique boutique style Gallery on the world famous Seven Mile Beach of Grand Cayman, Cayman Islands - at the newly built Governor's Square. Our office provides an inviting and informative atmosphere of luxury real estate and life in the three Cayman Islands: Grand Cayman, Cayman Brac and Little Cayman, that make up this jewel of the Caribbean.
Our knowledgeable realtors (estate agents UK) work in partnership to provide a savvy and discreet service to purchasers of luxury real estate in all three of the Cayman Islands. Working in partnership means that Cayman Islands Sotheby’s International Realty is the only luxury real estate office on the island that you can walk into and comfortably browse luxury real estate and property just as in an art gallery, with experienced knowledgeable realtors (estate agents UK) on hand to answer not only your questions regarding luxury real estate and luxury property but also on the Cayman Islands in general.

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