Land for Touristic Development with Government Endorsements

For Sale

Km 1.7, State Road PR-985, Sardinera Ward, Fajardo, PR 00738

This Fajardo property for sale is located at Km 1.7, State Road PR-985, Sardinera Ward. The current listed sale price for Land for Touristic Development with Government Endorsements is $19,500,000. Land for Touristic Development with Government Endorsements is situated on a lot that is 314.6 acre in size.

Contacts

broker
Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 314.6 Acre
  • Date Updated Sep 8, 2025
Nestled directly across the street from Villa Marina Yacht Harbour in the enchanting area of Fajardo, this land for touristic development with government endorsements presents an alluring investment opportunity. Fajardo is renowned for its picturesque landscapes, pristine beaches, and vibrant local culture. Nearby, the iconic Bioluminescent Bay offers a captivating natural wonder, while the Cabezas de San Juan Nature Reserve provides a haven for ecological diversity. With easy access to amenities and transportation links, this location presents an idyllic setting for residential or tourism-focused development. Embrace the potential of this extraordinary location, where natural beauty and investment prospects converge.Introducing an exceptional opportunity for land developers and investors. This expansive property, spanning 314.6 acres, offers a prime location in the Fajardo area and boasts RT-I, R-I, & C-I zoning. With a functional shape conducive to development, sloping topography providing breathtaking views of the Virgin Islands, and an array of government endorsements in place, including an Environmental Assessment, this property is poised for an impressive development. The possibilities are endless, from condo hotel units to residential apartments, complemented by amenities such as swimming pools, sports facilities, and dining options. Seize this unparalleled investment prospect today.
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Highlights

  • Asking Price: $19,500,000 or Best Offer
  • Coordinates: Lat: 18.34346716, Lon: -65.64424363
  • Endorsements: Most Government endorsements in-place, including an Environmental Assessment, for a development to include 103 condo hotel units, 256 residential apartment units, swimming pools including an aquatic park, sports facilities, and a restaurant, among others.
  • Flood Classification: X (outside flood prone area)
  • Land Area: 1,273,185.4356 square meters, equivalent to 323.93315 cuerdas or 314.6 acres
  • Opportunity Zone: The property falls under an Opportunity Zone, per the Tax Cuts and Jobs Act of 2017 (Public Law No. 115-97)
  • Shape: Irregular, with an excellent width-to-depth relationship for development
  • Tax Code #: 121-000-009-16
  • Topography: Sloping, creating unobstructed views of the Virgin Islands
  • Zoning: R-I (medium density residential); RT-I (medium density residential-tourist); & C-I (medium density commercial)

Getting around

  • 12/100

    Walk Score ®

Powered by Walk Score ®

Location

  • City Fajardo, PR
  • Neighborhood Fajardo
  • Zip Code 00738

Points of Interest

  • Puma

    0.74 miles

  • Total

    1.02 miles

  • Shell

    1.85 miles

  • Texaco

    8.35 miles

  • Plaza Fajardo

    1.92 miles

  • Estacionamiento Charca Angelito

    6.89 miles

  • Puente Roto Day Use Area

    7.05 miles

  • Estacionamiento Charco Frío y Las Tinajas

    7.17 miles

  • La Coca

    8.52 miles

  • Jajardo Inn

    0.72 miles

  • El Conquistador Resort

    1.58 miles

  • Heins Residence

    4.77 miles

  • Casa Coral Luquillo

    5.04 miles

  • Luquillo Beach Hostel

    5.08 miles

  • Love Soul Beautiful Bed & Breakfast

    5.27 miles

  • Luquillo Sunrise Beach Inn

    5.34 miles

  • Ceiba Country Inn

    5.37 miles

  • Fairfield by Marriott Luquillo Beach

    6.22 miles

  • Antonio sec sonadora, naguabo

    8.17 miles

  • Ralph's Food Warehouse

    1.48 miles

  • Walmart

    2.00 miles

  • Econo

    2.03 miles

  • Amigo

    3.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

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