MLS# 81060 Avaliable For Sale

Lot 395A, PALMBROOK ESTATE

$50,000,000JMD

Description

7 minutes’ drive out of the hustling and bustling town of Santa Cruz, lies this suburban ‘Oasis’, which is now the top gated community in St. Elizabeth. Upon entering the security gate you'll be greeted by a vast, impeccably maintained open space of approximately 2.5 acres on your left. Its strategic location at the subdivision's entrance gives direct main road access. This part of Lacovia boasts upscale residents, predominantly young professionals, prominent farmers and established business figures. Nearly 400 lots have been secured, with construction either in progress or completed. Lacovia itself is conveniently located about 5 minutes eastward from Santa Cruz, 15 minutes westward from Black River, and 30 minutes southward from Treasure Beach. The commercial lot on offer is ready for development. With neighboring communities like Mountainside, Lacovia, Burnt Savana, Burton, and RoundHill there's an existing customer base for this commercial property. Investors have a significant opportunity to cater to the growing demand for local amenities, including a gas station, convenience stores, medical centers, office spaces, salons, and entertainment venues. Call now for a viewing.

Amenities