4116 PALM BAY CLUB

San Pedro, Ambergris Caye, Belize, San Pedro Town

Property Description

PALM BAY CLUB was a prime residential subdivision created in the mid 90’s by an American developer in anticipation of development from Mexico crossing our border and creating a Belize addition to the Mexican Riviera! This has still to happen and will someday but now, this subdivision has no services, is boat access only and located approximately 18 miles north of San Pedro Town. However, with beachfront prices ranging from$12,000+ US per foot within the town limits, reducing to just under $4,000/ft as we get close to Rocky Point, a few miles south of Palm Bay Club, the asking price of $1,000/ft is starting to look pretty good! If you want to get into the real estate market here with a low cash outlay and have time to wait, these lots will be worth it!

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