4-Story Value-Add Investment Opportunity in Escalante

For an investor looking for a substantial value-add opportunity on Ambergris Caye, this one deserves a closer look.

Located in Escalante, one of San Pedro’s more desirable established residential neighborhoods, the property features a substantial four-story concrete building with approximately 2,500 square feet per floor, plus huge verandas on every level.

The first floor is already finished and occupied. The remaining three floors are at various stages of construction, giving the next owner the opportunity to step into an existing project and finish it according to their own investment strategy.

Potential for 7 Residential Units

First Floor – Finished & Occupied
Approximately 2,500 sq. ft. with 3 bedrooms + flex room and 2 bathrooms, plus a large veranda.

Second Floor
Configured as two 2BR/2BA units, with windows installed and tile already down.

Third Floor
Configured as two 2BR/2BA units, with walls and ceiling already in place.

Fourth Floor
Configured as another two 2BR/2BA units, with elevated Caribbean Sea views.

Every floor also benefits from an expansive veranda, creating substantial outdoor living space for the future residences.

Buy It. Finish It. Choose Your Strategy.

This is where Parcel 2680 gets interesting for an investor.

Live + Finish: The first floor is already completed, giving you the option to live on-site while finishing the remaining building.

Finish + Hold: Complete the six 2-bedroom units and position the property for long-term rental income.

Finish + Strata: Explore stratifying the building and selling the residences individually once completed, subject to the required legal and regulatory approvals.

Hybrid: Sell some units to recover capital while retaining others as long-term income-producing assets.

The expensive and time-consuming process of getting a concrete four-story structure of this scale out of the ground has already been undertaken. Now it needs an investor with the vision to finish it.

And at an asking price of US$895,000 compared with an appraised value of US$1.3 million, there is a compelling reason to take a closer look at the numbers.

Want to See the Investment Case?

This isn’t a finished, turnkey property — and that’s exactly the opportunity.

We’ve prepared a more detailed Investor Memo outlining the property, estimated costs to complete, potential long-term rental income, and possible investment scenarios.

Request the Investor Memo from Luna Realty Belize for the full breakdown or to schedule a private showing.