Front Street to Beachfront development site on the Boardwalk

$ 4,800,000
Philipsburg, St. Maarten, Philipsburg, Sint Maarten (Dutch)

Overview

  • Updated On:
  • November 26, 2024
  • 4 Bathrooms

Description

“Front Street to Beachfront development site on the Boardwalk”

Almost a quarter acre of Freehold “Fee Simple” Deeded Beach Front Real Estate in Philipsburg that offers direct frontage on Front Street and connects all the way to the Boardwalk.  On the Eastern and Western sides of this property there is a public walkway that connects Front Street (one of the busiest shopping streets in the entire Caribbean) to the beachfront Boardwalk.  There is almost 70 feet of direct frontage exposure on both Front Street and the Beachfront Boardwalk. 

The current structure is only one level, but the real potential of this location is to develop a multi-level commercial / residential / office building. The possibility also exists to purchase just half of this property, (click here to see information on the Eastern side of the Eastern side of the property which is closer to Pasanggrahan ) or  (click here to see information about the Western side of the property) 

Located adjacent to the landmark Pasanggrahan Hotel and a 1 minute walk away from the popular Holland House Hotel, this property boasts one of the best locations in all of Philipsburg. 

THIS IS NOT GOVERNMENT LEASE LAND, THIS IS DEEDED FREE HOLD FEE SIMPLE REAL ESTATE WITH NO ANNUAL REAL ESTATE TAXES!  Most of the land in this area is considered Government Long Lease Land, but this is one of the few exceptions that will allow you to own Beachfront Caribbean Real Estate in one of the busiest commercial areas on island with no annual real estate taxes or fees!  

Lot Size: 925 Square Meters

Annual Real Estate Taxes: None!

For more details, please contact:

Arun Jagtiani

+1 721 586 2626

arun@ireteam.com

Address: Philipsburg, St. Maarten
State/County:
Country: Saint Martin

Property Id: 2620639
Price: $ 4,800,000
Property Lot Size: 925.00 m2
Bathrooms: 4
Available from: Ocean
Basement: No basement

Other Features
110V & 220V
City Water
Concrete Construction
Concrete Roof
Driveway Paved
Fee Simple
Flat
Ocean View
Public

yelp logo

$ 18,610.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 18,610.55

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Arun Jagtiani