For sale
$ 6.500.000
Description
“Former Summit Hotel Property”
This is Prime Real Estate, 10,581 m2 of land in Cupecoy, St.Maarten. This is Former Summit Hotel property sits on one of the hotspots of the island of St. Maarten. The lagoon and ocean views are simply magnificent and extends as far as to see the Lowlands (French side of St.Maarten) and the neighboring island Anguilla.
The Summit Resort Hotel was a hotel that was built on this land and it opened in 1973. It was known for delivering a warm, friendly and welcoming environment to guests and was referred to as “Old World Caribbean Charm.” It received great reviews but on September 6, 2017, the hotel was destroyed by Hurricane Irma. The property is now up for sale.
The location of the property, Cupecoy, is home to the American University of the Caribbean, restaurants, shopping and beaches, all accessible by walking distance. In the past 2 decades this area has attracted tremendous real estate development and continues to be the epicenter for Condo development on the island. An example of this can be seen with. Mullet Bay Fourteen condo development
(Currently under construction but already SOLD OUT). It’s located less than half a mile from this property.
Features
- City Water
- Driveway Dirt
- Fee Simple
- Flat
- Lagoon view
- Public