1234 Madagascar Development Site Land, -, Outside of USA, (MLS# 6279439)

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1234 Madagascar Development Site Land, -, Outside of USA,

$20,000,000
Property Type: Land and Lots Lot Size (sq. ft.): 5,059,058 Status: Active
Current Price: $20,000,000 List Date: 8/24/2021 Last Modified: 1/23/2024

Description

Development Site in Madagascar, the island 'Isabella' is a natural reserve land; offering two parcels; they can be purchased separately or as a single sale. Permits for hotel, residential, mixed used development, and commercial use are all available. There's a natural water source on the island. A development proposal with renderings are available. The land is subject to government subsidized development projects. There are six private beaches plus an additional parcel (Makomba) on the main land can be available. (See photos) Closing costs for notary, deed transfer and recording shall be 16% of the purchase price. Property taxes will be calculated on declared value. Seller is open to creative terms; YOU MAKE THE CALL

More Information MLS# 6279439

Contract Information

Current Price: $20,000,000 List Price: $20,000,000 Status: Active List Date: 2021-07-27 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 3 Variable Commission: N

Location, Tax & Legal

Map Code/Grid: C90 House Number: 1234 Street Name: Madagascar Development Site St Suffix: Land Lot #: - City/Town Code: Outside of USA Zip Code: 00000 Country: Other County Code: Other Assessor's Map #: 19 Assessor's Parcel #: 192 Add'l Parcels: Yes Assessor Number: 192-19-192 Subdivision: Madagascar Development Site Tax Municipality: OUTSIDE ARIZONA Taxes: 5000 Tax Year: 2021 Marketing Name: Isabelle

General Property Description

Apx Total Acres: 247105 Apx Total Acres G/N: G Price Per Acre: 80.94 Apx SqFt: 5059058.4 Price Per SqFt: 3.95 Apx SqFt G/N: G Lot Size Dimensions: N/A Horses: Y Zoning: Multi Family Flood Zone: No

Remarks & Misc

Directions: Access by boat from harbor Fort Dauphin in 20 minutes.

Status Change Info

Status Change Date: 2021-08-24

Legal Info

Lot Number: -

Pmt & Rate Info

Equity: 20000000

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N HOA 2 Y/N: N

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Other (See Rmks) Potential Use: Single Family; Multi-Family; Commercial; Industrial; Agricultural; Office; Retail; Hotel/Motel; Ranch; Recreational; Rural; Other; See Remarks Parcel Size: 80.00 - 119.99 Acres Current Density: Other (See Rmks) Proposed Density: 40+ Units P/Acre Development Status: Raw Land; Plans Available; On Site Imp Needed Land Features: Waterfront; Mountain View(s); Greenbelt Elevation: Sea Level 1,000 Ft Elevation Source: Topo Survey Vegetation: Natural Vegetation Land Configuration: Irregular Shape Road Responsibility: City Maintained Road; County Maintained Road; Private Maintained Road; Road Maintenance Agreement Traffic Count: Unknown Freeway/Highway: Other (See Rmks) Topography: Level; Rolling Existing Structures: None Water: None; Other Sewer: No Sewer/Septic Electric: None; Other (See Rmks) Gas: None; Other (See Rmks) Distance to Cable: None Distance to Phone: None Distance to Water: On Property Distance to Electric: None Distance to Gas: None Distance to Sewer: None Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Conventional; Seller May Carry; Lease Purchase; Owner May Lease Land; Trade Use Restrictions: Other (See Rmks) Reports/Disclosures: Development Pln Aval Environmental: None Showing Notification Methods: Text; Email; Phone Call Fencing: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: January - 23 - 2024
1234 Madagascar Development Site Land, -, Outside of USA,- MLS# 6279439
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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