Three parcels in Turtle Cove totaling 3.29 acres with 116 feet of Beach Frontage and 226 feet of Canal Frontage makeup Grace Bay Beach Ocean Villas, which is presently a profitable short-term villa rental business. In 2018, the vacant oceanfront property was approved for rezoning to Tourist Related (T01), allowing for the potential development of six residential properties on the 0.952 acres. Five villa buildings total are currently located on the other two Residential (R01) canal front properties.

Grace Bay Beach Ocean Villas currently operating as a successful short term villa rental business consisting of three parcels. The vacant beachfront lot received rezoning approval in 2018 to Tourist Related (T01) allowing future development of six residential homes on the 0.952 acres. The other two Residential (R01) canal front lots currently have five villa buildings in total. Breakdown of the three lots as follows:

• 7 Coconut Road Block 60713: Lot 30, Acres 1.162, 3 Buildings, 113 Ft Canal Front, 6 Bedrooms and 5 Bathrooms, 3,655 SF with Pool & Dock
• 15 Coconut Road Block 60713: Lot 31, Acres 1.165, 2 Buildings, 113 Ft Canal Front, 7 Bedrooms and 7 Bathrooms, 4,075 SF with Pool & Dock
• 10 Coconut Road Block 60713: Lot 201, Acres 0.952, Vacant Land with 116 Ft Beachfront

Please contact the listing agents for more information and for the development brochure.

Contact the listing agents below:

Nina Siegenthaler – Broker & Agent Phone 649-231-0707 nina@tcsothebysrealty.com

Elain Dubenski – Agent Phone 649-231-4421 elain@tcsothebysrealty.com

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About Turks & Caicos Sotheby’s International Realty
Turks & Caicos Sotheby’s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the world’s greatest international luxury real estate brand, and a diverse array of international agents representing 15 countries, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms and Point Grace. For more information please visit http://www.turksandcaicossir.com.

Turks & Caicos Sotheby’s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474