← Back to search

Reef Point Triplex, Utila,

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,775 Status: Active
Current Price: $325,000 List Date: 5/12/2023 Last Modified: 3/14/2024


This 3-story home located in the beautiful SW Reef Pointe area is available for sale, but it is currently in need of substantial renovation and is being sold as a fixer-upper. The property is situated on a .28-acre lot and is the only structure allowed in The Well for commercial use, making it a unique investment opportunity. Floors one and two originally had full kitchens, dining rooms, two bedrooms, and two bathrooms and can be returned to the same layout with a little effort. Ample front porch space is equal on the first two floors, and the third floor has a full kitchen, one large master suite, and a full bathroom with outstanding views from the private front porch.

Supplements: This home is fully powered by municipal power and a 16,000-gallon water cistern. The property has a total of 2,775 square feet, with the first and second floors each measuring 2 bedrooms and 2 bathrooms, while the third floor has 1 bedroom and 1 bathroom. In addition to its unique features and investment potential, this 3-story fixer-upper also boasts breathtaking views of the Utila Cays and the mountainous coastline of Honduras. The property also features a calm water beach that is perfect for stand-up paddle boarding, kayaking, and swimming. For those interested in water activities, scuba diving and deep-sea fishing are just around the corner, and dolphins and whale sharks can often be spotted in the area. Furthermore, the property provides easy access to a local grocery store and Neptune's restaurant located further up the beach, making it a convenient location for both visitors and residents. With its stunning views and endless possibilities, this fixer-upper presents an exceptional opportunity for anyone looking to invest in a unique property with great potential in a beautiful location. If you're looking for a unique investment opportunity in a beautiful location and are willing to put in the work to renovate this property, then this fixer-upper could be the perfect opportunity for you.

More Information MLS# 23-266

Contract Information

Current Price: $325,000 Property Type: Homes Status: Active Begin Date: 2023-05-09 List Price: $325,000

General Property Features

Access Type: Boat Access Only Area: Utila Total Bedrooms: 5 Total Bathrooms: 5 # of Levels: 3 Total SqFt.: 2775 Waterfront: Yes Type of Waterfront: Beachfront Beach Access: Yes Pool: No Garage/Parking: No Furnished: Partially Standby Generator: No Year Built: 2002 Lot Acres: 0.28


Property Name: Reef Point Triplex Island: Utila Country: Honduras

Remarks and Directions

Directions: Take a boat west from Utila town and stop at The Well on South Shore Triplex can clearly be seen on oceanfront lot. Hot Sheet Comment: new
Last Updated: March - 14 - 2024
Reef Point Triplex, Utila,- MLS# 23-266
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.