ACTIVE  Canal-Front Lot Near San Pedro – Pricing with Upside

This canal-front property offers a strategic opportunity to acquire waterfront land near San Pedro Town at a price point that reflects early-stage development—before full neighborhood build-out and price alignment. Located just 1.5 miles southwest of town, this lot sits in an area where infrastructure is actively expanding.

Context Matters: More established canal-front communities nearby—featuring paved roads, utilities, and completed homes—are currently trading at 33% smaller in size. This property is priced below that range because the area is still in transition—which is precisely where many investors look to enter.

Property Details:
– 50 ft canal frontage x 100 ft depth
– 2 blocks west of a local boatyard marina
– Electricity and road access approx. 400 ft away
– Easy access to town via paved roads nearby

Why This Opportunity Works:
– Early Entry Pricing: Buy before full infrastructure reaches the lot
– Infrastructure Expansion: Electricity has already been extended into nearby blocks
– Scarcity at This Price: Very few canal-front lots this close to town remain at this level
– Flexible Use: No HOA or strict development restrictions

Investment Perspective: As infrastructure continues to expand and surrounding areas build out, pricing gaps between emerging and established neighborhoods tend to narrow.