https://vivatropical.com/property/listing/914864/ Welcome to Santa Teresa Beach, where paradise awaits you on this magnificent 4002 sq meters (0.9 Acre) lot! Nestled in the heart of this vibrant coastal community, this prime piece of real estate offers an exceptional opportunity for a boutique hotel development. Situated within walking distance to the beach, you'll find yourself just steps away from the pristine shores and mesmerizing ocean views. Whether it's soaking up the sun, indulging in water sports, or simply strolling along the sandy coastline, this location provides the perfect retreat for beach lovers and adventure seekers alike. Embracing the natural beauty of its surroundings, this lot grants you the chance to create an exceptional development. With commercial/residential zoning in place, the possibilities are endless. The generous 75% construction allowance allows for the creation of a boutique hotel that will cater to the discerning traveler seeking a unique and memorable experience. Imagine designing an exquisite hotel with tastefully appointed rooms, inviting common areas, and lush tropical gardens that blend seamlessly with the idyllic landscape. The gentle ocean breeze and the soothing sound of the waves will create an atmosphere of tranquility and relaxation for your guests. Moreover, this lot benefits from access to all public services, ensuring convenience and ease of operation for your future hotel. Electricity, water, and other essential utilities are readily available, streamlining the development process and saving you time and effort. Santa Teresa Beach has evolved into a highly sought-after destination, renowned for its laid-back charm, vibrant surf culture, and burgeoning culinary scene. With this lot's central location, you'll be in close proximity to the area's finest restaurants, cafes, boutiques, and entertainment venues. Your guests will have an array of amenities and activities to enjoy, further enhancing their stay and attracting a steady flow of visitors throughout the year. Don't miss this incredible opportunity to bring your vision to life and become a part of Santa Teresa Beach's thriving tourism industry. Embrace the allure of this 4002 sq meters (0.9 Acre) lot, seize the potential, and transform it into a boutique hotel that will captivate and delight discerning travelers for years to come.