Corozal, Corozal District, Belize
For Sale
$390,000
**SPACIOUS 3-STOREY MULTI-UNIT HOME & INVESTMENT PROPERTY – SANTA RITA, COROZAL**
**Asking Price: $780,000 BZD**
Discover a substantial 3-storey property offering exceptional space, versatility, and income-generating potential in the desirable Santa Rita area of Corozal.
Situated on a **100 ft. x 50 ft. fenced lot**, this property is designed to accommodate multiple households or rental units, making it an excellent opportunity for a large family, multi-generational living, Airbnb operation, or long-term rental investment.
The property features multiple independent living spaces with private entrances, offering the potential to operate up to **five separate rental units**.
**GROUND FLOOR – MAIN RESIDENCE**
* Approximately 2,126.25 sq. ft.
* 2 large bedrooms
* 2 bathrooms
* Spacious living room
* Full kitchen
* Raised approximately 4 ft. above ground level
**GROUND FLOOR – REAR APARTMENT**
* 1 large bedroom
* 1 private bathroom
* Kitchenette
* Private entrance
**SECOND FLOOR – MAIN RESIDENCE**
* Approximately 2,126.25 sq. ft.
* 2 large bedrooms
* 2 bathrooms
* Spacious living room
* Full kitchen
**SECOND FLOOR – REAR APARTMENT**
* 1 bedroom
* 1 bathroom
* Kitchenette
* Living room
* Private entrance
**THIRD FLOOR**
* Approximately 1,404 sq. ft.
* 2 bedrooms
* 1 bathroom
* Kitchen
* Outdoor living area
* Storage space
The home features an **exterior staircase system providing independent access to all three floors**, offering excellent flexibility for occupants and rental arrangements. An interior staircase is also present and currently sealed, but can be reopened if desired.
**PROPERTY FEATURES**
* 100 ft. x 50 ft. lot
* Approximately 5,656.5 sq. ft. of total stated floor area
* Asking price: $780,000 BZD
* Approximately **$137.90 BZD per sq. ft.**
* Shaded 2-car garage with potential to expand to accommodate up to 4 vehicles
* Fully fenced property with automatic gate opener
* Solar-powered hot water heater servicing the third floor
* Gas-powered hot water heater servicing the first and second floors
* Water pressurizer
* Reserve water tank
* All utilities connected and available
* Title in hand
* Seller financing will be considered
**PRIME SANTA RITA LOCATION**
The property is conveniently located approximately half a block from the **Corozal Community Hospital** and half a block from **Santa Rita Park**. It is also located near the **Santa Rita Maya Site**, adding potential appeal for short-term accommodation and tourism-related rental opportunities.
The surrounding neighborhood is safe, fully paved, and situated on Santa Rita Hill in a **non-flood zone**, providing an added advantage for both residents and investors.
**AN INVESTMENT WITH MULTIPLE POSSIBILITIES**
Whether you’re looking for a spacious multi-generational home, a property capable of producing multiple rental incomes, or an Airbnb/short-term rental opportunity, this property offers the flexibility to pursue several investment strategies from one location.
All Prices in US Dollars
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
Andrew Carnegie, billionaire industrialist