BZ103: UNAVAILABLE! Belize Real Estate- 40×40 Incomplete Structure with Canal Frontage on Belama Phase II planned for 2 Rental Income Apartments in Belize City!


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  • MLS Number: BZ103
  • Size: 1600
  • Lot Size: 50x75 feet
  • Bedrooms: 4
  • Bathrooms: 2
  • Total Rooms: 4
  • Floors: 1
  • Year Built: 2012
  • School District: Belize

40×40 Incomplete Structure with Canal Frontage on Belama Phase II planned for 2 Rental Income Apartments in Belize City!



Location                               Albert Hoy Street, Belama Phase 2, Belize City

Description                        Residential, Commercial, Investment

Size of Lot                           +-50×75 feet

+-50 feet along Albert Hoy and canal leading to river and +-75 ft. deep

Size of Building                                40 feet x 40 feet

Age of Structure               Incomplete Structure completed on late 2012

Ceiling                                  12 foot high ceiling, concrete Roof

REDUCED TO                                     UNAVAILABLE

A 40×40 feet incomplete structure that was discontinued in late 2012 sits on a canal front lot approximately being 50 feet x 75 feet in depth.  The property has frontage along a canal that leads to the Haulover Creek that leads to the Caribbean Sea.  The property has frontage on Albert Hoy Avenue which is one of the main arteries that connects the Philip Goldson Highway to Belama Phase 1 through 4.  Almost the entire structure sits on the lot leaving a space for car parking.

The building foundation has 16 thick concrete piles driven into bedrock.  The structure was made originally to sustain a two storey building but only the ground floor was enclosed.  The ceiling on the ground floor are approximately 12 feet high which makes this building very cool and will require less insulation and the roof is pour concrete ready for a solid second floor.  The structure is made Ferro-concrete blocks and some of the piping and electrical have been installed.  The front and exterior rear stairs are already built as well.

The ground floor was to be completed into 2 apartments and each apartment would be have 2 bedrooms, 1 bathroom, kitchen/dining,  living area and a utility room.  To complete the ground construction it would cost around another $20,000US to $30,000.00US.

The structure could easily be converted into two offices or even one large office space or some form of commercial application such as a restaurant or a retail shop.  The opportunities are endless, make it your own place!

Owner is motivated to sell, make an offer!

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Albert Hoy Avenue, Belama Phase 3

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