Description
Shovel ready, immediate construction at Sea of Cortez - 13.7 Acres of prestigious seaside gated community of Puerto Penasco, where unparalleled beauty of the sea of Cortez and the Morua Estuary come alive. Just a short fifteen to twenty-minute drive from the city center, Puerto Penasco offers a safe and friendly environment for families, groups, and individuals. Phase 1, 2 and 3 can each be sold separately. 25% return incentive on 13 unfinished units and adjacent pool by advancing 1.8 million on JV bases once these units are sold, plus first right opportunity in future phases. MAI APPRAISAL available upon request.
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0BEDS
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13.7ACRES
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0BATHS
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01/2 BATHS
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300,000SQFT
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$82$/SQFT
School Ratings & Info
Description
Shovel ready, immediate construction at Sea of Cortez - 13.7 Acres of prestigious seaside gated community of Puerto Penasco, where unparalleled beauty of the sea of Cortez and the Morua Estuary come alive. Just a short fifteen to twenty-minute drive from the city center, Puerto Penasco offers a safe and friendly environment for families, groups, and individuals. Phase 1, 2 and 3 can each be sold separately. 25% return incentive on 13 unfinished units and adjacent pool by advancing 1.8 million on JV bases once these units are sold, plus first right opportunity in future phases. MAI APPRAISAL available upon request.
© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Andrew Tibbs | RE/MAX Fine Properties. Data last updated 2023-12-02T23:13:24.9.