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CAYMAN REEF RESORT UNIT 6

Seven Mile Beach, Cayman Islands | MLS#: 415119 | Status: Current

US$995,000

For Sale
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CIREBA MLS LDX feed courtesy of PROPERTY CAYMAN LTD

About This Property

A ground-floor condo on Seven Mile Beach. Situated in Cayman Reef Resort, which boasts 200 feet of private beach frontage on Seven Mile, this one-bedroom, one-bathroom apartment offers a slice of paradise. One-of-a-kind, the condo features custom built-ins throughout and an enclosed porch for additional living space. The open-concept kitchen and living area are complete with stainless appliances, and the spacious bedroom has an upgraded bathroom with a washer and dryer. Located just steps from the complex’s pool, walk out your back door for a dip, head to the tennis courts for a match, or down to the beach to lounge. There isn’t a better way to start or end the day. The condo’s gross annual return with a long-term tenant can start at US$ 50,000 and can increase to US$ 70,000 with short term letting. There are very few properties left on Seven Mile Beach selling for under one million and with such low strata fees. Live in or rent out, with new furnishing and ample storage throughout, this Cayman Reef Resort condo is the definition of comfortable beach living.

Property Features

  • Property Type
    Residential (Condominium)
  • Bedrooms
    1
  • Bathrooms
    1
  • Property Size
    766.00 Sq Ft
  • Block
    12E
  • Den
    No
  • Parcel
    53H6
  • Views
    Pool View
  • Year Built
    1997
  • Sea Frontage
    200
  • Foundation
    Slab
  • Floor Level
    1
  • Furnished
    Yes
  • Den
    No
  • Garage
    No
  • Pool
    Yes

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US$199,000
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US$796,000
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US$4,273
Still Owing at End of Term
US$0

Property Location

*Disclaimer: 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. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. 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).

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Neighbourhood

Seven Mile Beach Corridor

Neighbourhood

Seven Mile Beach Corridor

183+ Properties

The Caribbean’s most famous address is known for the grand condominiums and residential resorts that line the beach. Diverse neighbourhoods and canal communities can also be found all along the corridor. Popular for single-family homes are Governor’s Harbour, Vista del Mar, Yacht Club, Salt Creek, Canal Point, Snug Harbour and the area developing around the mixed-use town of Camana Bay.

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