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MLS#: 417051

Laguna Del Mar #6 Seven Mile Beach – Waterfront Condo With Excellent Rental Income

Seven Mile Beach, Grand Cayman
US$3,499,000
Type: Residential
  • 3
    BED
  • 3
    BATH
  • 2,650
    SQ FT
  • 1989
    YEAR BUILT
34 people viewed this property since last week.

Property Information

Discover the perfect blend of luxury and income with this ground-floor residence on world-famous Seven Mile Beach. 
This exceptional 3-bedroom, 3-bathroom property, offers direct beach access and strong investment returns, making this the perfect rental home. This move-in ready property is impeccably presented with premium finishes throughout, all set within serene surroundings.
Step through the front door and into the expansive dining and living areas, with panoramic sea views which flood the home with natural light. The open-plan kitchen and living area makes this property the perfect entertaining space, all whilst watching the spectacular views of the sunset.
You and your guests could enjoy waking up the unbeatable views of the beach in the luxurious master suite. This room features walk-in closets as well as a spa-inspired bathroom with double vanity. The two other spacious bedrooms feature built in wardrobes providing excellent storage as well as beautiful views out to the lake. The unit also has easy access to the closest private garage of any of the beachfront units.
The tranquil grounds of Laguna Del Mar feature a beautiful lake with wildlife, stunning pool with hot tub and entertainment area, as well as a tennis/pickleball court which is a rarity on Seven Mile Beach. 
Currently the property utilizes VRBO and other online booking platforms to generate 5%+ Net Annual Income, providing great returns whilst also having the flexibility to utilize the property between rentals.
Laguna Del Mar sits on 4.72 acres with 400 feet of beachfront and only 35 units total, making it one of the lowest-density properties on Seven Mile Beach. This rare parcel offers exceptional redevelopment potential, including possibilities for a luxury hotel site. From an investment standpoint, you are purchasing at an exceptional price at under US$1,285 per sq. ft., positioning you for long-term potential as the island continues to grow.
Contact us today to arrange a viewing and an opportunity to own a piece of paradise.

Property Details

  • Status: Current
  • View: Beach Front, Beach View
  • Listing Type: Condominiums
  • Pets Allowed: Yes
  • Den: No
  • Floor Level: 1
  • 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 RE/MAX CAYMAN ISLANDS

At RE/MAX Cayman Islands our 37 full-time agents have more than 400 years of combined experience and our office has been open for more than 30 years. Agents at RE/MAX Cayman Islands have been with the company for an average of 13 years.

With a presence in over 100 countries and territories in over 7,500 offices and with 144,000+ agents, the RE/MAX network’s global footprint is unmatched by any other real estate brand. RE/MAX is one of the most recognized real estate brands and logos around the world and is in more countries than any other real estate brand. RE/MAX has helped millions of families buy or sell a home.

At RE/MAX we know that buying or selling property is one of the most important decisions you will make. You need an agent and a company with the knowledge and experience you can trust especially in the ever-changing Cayman real estate market.

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