PR-1 Pueblo Ward

Description

Located in Pueblo Ward, Salinas, this oceanfront parcel presents a unique opportunity along Puerto Rico's southern coast. With a total land area of 12 cuerdas (approximately 47,164.68 m / 11.65 acres), the property offers over 410 sqm of direct Caribbean Sea frontage and a natural marina, making it an ideal canvas for a tourism-oriented commercial project. Its flat and well-drained topography provides excellent conditions for large-scale developments such as a boutique hotel, eco resort, or mixed-use waterfront concept. The site enjoys quick access to PR-1 Km 92.0 and the PR-52 Luis A. Ferr Expressway, connecting easily to major urban centers while preserving a calm coastal setting. Currently zoned SREP-AP (Suelo Rstico Especialmente Protegido Agrcola Productivo), the parcel's appraised value reflects the extraordinary assumption of rezoning to an rea Desarrollada or comparable category, unlocking future commercial potential. Supported by municipal endorsement for a prior hotel initiative, this land stands as one of the few remaining oceanfront tracts in Salinas with genuine development viability. Utilities such as electricity, water, and telecommunications are available nearby. The property lies within Flood Zones AE (0.82 of the total) and VE (0.18 of the total), where mitigation measures are recommended. CRIM: $499 annually.