Fajardo Land for Touristic Development with Government Endorsements - For Sale

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 Fajardo Land for Touristic Development with Government Endorsements - For Sale is $19,500,000. Fajardo Land for Touristic Development with Government Endorsements - For Sale is situated on a lot that is 314.6 acre in size.

Contacts

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 314.6 Acre
  • Date Updated Jun 24, 2026
Set in the municipality of Fajardo, this property enjoys proximity to some of Puerto Rico’s most iconic natural and recreational attractions, including the Bioluminescent Bay, Cabezas de San Juan Nature Reserve, and the ferry terminals to Vieques and Culebra. Recognized as Puerto Rico’s gateway to the eastern islands, Fajardo attracts year-round tourism and investment activity. The site’s location—just minutes from beaches, marinas, and major highways—positions it perfectly for developments catering to hospitality, residential, and commercial markets alike. This unique combination of strategic location, zoning flexibility, government support, and sustained tourism demand creates an unparalleled opportunity to develop a landmark project that will shape the future of Puerto Rico’s east coast.Discover an extraordinary investment opportunity on Puerto Rico’s vibrant east coast—an expansive 314.6-acre land parcel strategically located in Fajardo, directly across from Villa Marina Yacht Harbour. This prime coastal site offers unmatched visibility and access to one of the island’s most active maritime destinations. Zoned RT-I, R-I, and C-I, the property supports a wide range of tourism, residential, and commercial uses. It is development-ready, backed by multiple government endorsements, including an Environmental Assessment, which significantly reduces development risk and accelerates project timelines. With its functional, irregular shape and sloping topography, the land provides an ideal canvas for visionary projects while ensuring unobstructed views of the Spanish Virgin Islands. Its development potential includes condo-hotel units, residential apartments, mixed-use resorts, aquatic parks, sports facilities, restaurants, and retail—creating opportunities to establish a world-class destination that integrates luxury, lifestyle, and leisure.
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Highlights

  • Coordinates: Lat. 18.34346716 | Lon. -65.64424363
  • Endorsements: Government approvals in place, including Environmental Assessment, for a mixed-use development with 103 condo-hotel units, 256 residential apartments, swimming pools (including aquatic park), sports facilities, restaurant, and related amenities
  • Flood Classification: X (outside flood-prone area)
  • Opportunity Zone: Eligible under the U.S. Tax Cuts and Jobs Act of 2017 (Public Law No. 115-97)
  • Road Frontage: Approx. 2,600 linear feet on Avenida Rafael Bermúdez and 2,000 linear feet on PR-987
  • Shape: Irregular but highly functional, with excellent width-to-depth proportions
  • Tax ID: 121-000-009-16
  • Topography: Sloping with panoramic views of the Spanish Virgin Islands
  • Total Land Area: 314.6 Acres | 323.93 Cuerdas | 1,273,185 Square Meters
  • Zoning: R-I – Residential, RT-I – Residential-Tourist, C-I – Commercial

Getting around

  • 15/100

    Walk Score ®

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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

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