Landmark Investments is proud to present Coconut Cay. Coconut Cay 20-unit site is centrally located in South Stuart just west of Mariner Sands Country Club off US1. This site is 2 acres and is ready to be developed. All infrastructure is installed including 1 completed unit and management office/ GYM. Coconut Cay has flexibility with use and exit strategy; moreover, creating HOA docs would give the opportunity of selling the units off individually. The Northwestern portion of the property is the green area/ water retention area known as the preserve area. The entrance to the property is on Morningside Drive.
Download Offering Memorandum which will illustrate the estimated site/ building cost which will yield an estimated 6% cap rate.