$975,000

One or more photo(s) has been virtually staged. This prime 1.59-acre property in Barrio Miradero Interior, Cabo Rojo, Puerto Rico—subdivided into 6 lots with individual water meters—represents a turnkey investment opportunity featuring an approved location consultation, plans endorsed by Junta de Planificacion and OGPE, and all required endorsements from AEE/LUMA, AAA, DRNA, the Department of Agriculture, and the Municipality of Cabo Rojo, along with comprehensive soil, topographic, and measurement studies that minimize risks and allow immediate progression to final permit notification; the approved project comprises 38 apartments, with the potential to increase density to 42 or 45 units, each averaging approximately 1,200 square feet to optimize volume construction costs, and includes 82 parking spaces (2 each unit plus 6 for visitors), a pool, gazebo, common areas, and separate access points for entry and exit—ensuring a modern, functional residential experience in a high-demand, appreciating area with infrastructure ready for immediate development, as evidenced by AAA sanitary services available in just 2 minutes (1.3 km/0.8 mi); its strategic location provides immediate access to essential services such as Plaza del Oeste (8.9 km/5.5 mi/12 min), supermarkets and pharmacies (6–10 km/3.7–6.2 mi/8–15 min) including Econo, Selectos, Walgreens, and CVS, as well as the Hospital Metropolitano de Cabo Rojo (9.6 km/6 mi/13 min) and schools and colleges (4–15 km/2.5–9.3 mi/5–18 min); for recreation, nearby destinations include Playa Buyé (10.2 km/6.3 mi/15 min), Balneario de Boquerón (14.8 km/9.2 mi/20 min), the Cabo Rojo National Wildlife Refuge (13.2 km/8.2 mi/18 min), and Club Náutico y Marina de Boquerón (17.6 km/10.9 mi/22 min), with optimal connectivity via PR-100 and PR-103 (4 km/2.5 mi/5 min) linking to Mayagüez, Lajas, and San Germán, PR-2 (12 km/7.5 mi/15 min) for rapid regional travel, and the Eugenio María de Hostos Airport in Mayagüez (28.9 km/18 mi/25 min) for national and international flights; this project, with all permits and endorsements current, offers a safe and highly profitable investment for developers seeking to maximize returns with a structured and approved project.