$975,000
Urb. Miradero Interior Calle Playas
Cabo Rojo, PR 00623
Listing updated: April 20, 2026 at 7:37 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One or more photo(s) has been virtually staged. This prime 1.59-acre property in Barrio Miradero Interior, Cabo Rojo, Puerto Rico—subdivided into 6 lots with individual water meters—represents a turnkey investment opportunity featuring an approved location consultation, plans endorsed by Junta de Planificacion and OGPE, and all required endorsements from AEE/LUMA, AAA, DRNA, the Department of Agriculture, and the Municipality of Cabo Rojo, along with comprehensive soil, topographic, and measurement studies that minimize risks and allow immediate progression to final permit notification; the approved project comprises 38 apartments, with the potential to increase density to 42 or 45 units, each averaging approximately 1,200 square feet to optimize volume construction costs, and includes 82 parking spaces (2 each unit plus 6 for visitors), a pool, gazebo, common areas, and separate access points for entry and exit—ensuring a modern, functional residential experience in a high-demand, appreciating area with infrastructure ready for immediate development, as evidenced by AAA sanitary services available in just 2 minutes (1.3 km/0.8 mi); its strategic location provides immediate access to essential services such as Plaza del Oeste (8.9 km/5.5 mi/12 min), supermarkets and pharmacies (6–10 km/3.7–6.2 mi/8–15 min) including Econo, Selectos, Walgreens, and CVS, as well as the Hospital Metropolitano de Cabo Rojo (9.6 km/6 mi/13 min) and schools and colleges (4–15 km/2.5–9.3 mi/5–18 min); for recreation, nearby destinations include Playa Buyé (10.2 km/6.3 mi/15 min), Balneario de Boquerón (14.8 km/9.2 mi/20 min), the Cabo Rojo National Wildlife Refuge (13.2 km/8.2 mi/18 min), and Club Náutico y Marina de Boquerón (17.6 km/10.9 mi/22 min), with optimal connectivity via PR-100 and PR-103 (4 km/2.5 mi/5 min) linking to Mayagüez, Lajas, and San Germán, PR-2 (12 km/7.5 mi/15 min) for rapid regional travel, and the Eugenio María de Hostos Airport in Mayagüez (28.9 km/18 mi/25 min) for national and international flights; this project, with all permits and endorsements current, offers a safe and highly profitable investment for developers seeking to maximize returns with a structured and approved project.
Local Insight
At $14 per square foot for nearly 1.6 acres with water views and no flood zone restrictions, this is genuinely cheap land for the Cabo Rojo waterfront—but the catch is you're buying raw acreage with no utilities shown and no development certainty, so factor in significant costs for infrastructure and permitting before you can build. The 360° tour will show you exactly what you're getting in terms of views and property condition, but verify what utilities are actually available and what the local zoning allows, because waterfront land here often comes with unexpected restrictions or environmental considerations.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history412 days on market
- Status: ActiveMar 4, 2025
- Listed$975,250Mar 4, 2025
- Price reduced$975,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 412
- County
- Cabo Rojo
- Price/sq ft
- $14
- Lot size
- 68,902 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Parcel #
- 55-332-022-258-71
- Zoning
- RI
- MLS #
- PR9111787
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, Private Financing Available, Special Funding
- Ownership
- Fee Simple
Exterior & Construction
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public, Well
- Utilities
- Electrical Nearby, Electricity Available, Fiber Optics, Sewer Available, Sewer Nearby, Water - Multiple Meters, Water Connected, Water Nearby
Listing Details
- Listing date
- 2025-03-02
- On market date
- 2025-03-04
- Original list price
- $975,250
- MLS area
- 00623 - Cabo Rojo
- Listing AOR
- Puerto Rico
- Status changed
- 2025-03-04
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Desde el centro de Cabo Rojo, tome la PR-2 hacia el oeste x aproximadamente 7.5 millas (12 km) y salga x la PR-100/PR-103; conduzca durante unos 5 minutos (4 km) hasta ver la señalización clara de Barrio Miradero Interior, luego gire según las indicaciones y continúe x 1.3 km (0.8 mi) adicionales hasta llegar a la propiedad a su derecha.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 20, 2026 at 7:37 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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