$1,395,000
For Sale

Oak Ridge

, FL 00000
Browse 99 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Amazing opportunity to acquire Pitts Lagoon, a private community on the Tropical Island of Roatan. Pitt's Lagoon is a private community comprised of 23 residential lots. This offering is of the remaining 17 residential lots12 waterfront lots and 5 dry lots with a valid Roatan corporation and five house plans or you can build to suit your needs plus a beautiful brand new seafront home which faces Pico Benito for a spectacular view. See supplemental remarks for more details. There is a private swimming lagoon, a private 100,000 gallon water cistern, septic system, generator, and marina. 900 feet of seawall surrounded by a dredged channel. This wonderful property faces South. The best direction and views on the island. Faces the mainland and Pico Benito, the highest mountain in Honduras. Valid and well established corporation formed and maintained in Roatan with the ability to charge all lot owners an HOA fee and charge owners for electricity and water.The new luxury seafront home will be completed before closing and transfer. This beautiful seafront home consists over 4,000 square feet. The first floor consists of a slop sink fish cleaning area, an enclosed bathroom, laundry center, and storage area for rods, scuba gear, boat accessories, etc. of about 500 sq ft. The remaining 600 sq ft. is covered open area facing the sea. The 2nd floor is living, dining, kitchen and bathroom with a full-length patio facing the sea and is about 1,100 sq ft. under air. The 3rd floor boasts 3 bedrooms each with its own en-suite bathroom and a full-length private patio facing the sea on each bedroom suite. The 3rd floor is also 1,100 sq ft. under air. The 4th floor which has access from the winding staircase from the 2nd floor, contains the A/C compressors and is stubbed up for both water and electric. It is a perfect floor to construct a covered kitchen and bar and leave the rest open for a sunning area. Water is also caught on this floor so it would be wise to leave a section of it open. It is completely enclosed on all four sides for safety.

  • Property Details
      • Lot FeaturesIrregular Lot
      • Lot DescriptionIrregular Lot
      • ViewLagoon, Ocean
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionPitts Lagoon
  • Financial Details
      • Original List Price$1,395,000
      • Taxes Annual$822
  • Other
      • MLS #FX-10348603

Location

William Barnes | BrokerReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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