aisellshomes.space

$22,999,000

Active

706 Shore Rd #706

Truro, MA, 02652

Commercial · MLS #73560277

Days on market

8 days

Lot size

2.30 ac

2.30 acres

Lot

About this home

White Sands Beach Club is a rare beachfront redevelopment opportunity located on 2.30 acres at Beach Point, immediately south of the Provincetown town line.The property is being offered under two separate purchase options:Buildings 2, 3 and 4 may be purchased together for $22,999,000. This offering includes 42 fee-simple condominium units totaling approximately 20,285 square feet.Buildings 3 and 4 may be purchased without Building 2 for $14,999,000. This offering includes 25 fee-simple condominium units totaling approximately 12,885 square feet.Building 1, containing the owner’s residence and staff apartment, is retained by the Seller and is excluded from both purchase options.The campus already operates under an established condominium structure. Approximately 40% of the units have been rebuilt from the ground up since 2019, with additional units substantially renovated. Building 4 remains largely original and represents the principal value-add component of the property. Potential strategies include phased condominium redevelopment, multifamily use or continued seasonal lodging, subject to all required approvals.

Location

706 Shore Rd, #706, Truro, MA, 02652

Property details

Parking
21+ Spaces

Listed by Kevin Pepe · Commercial Realty Advisors, Inc.

Schedule a showing

706 Shore Rd

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$150,820 / month

Down payment20% · $4,599,800
Interest rate6.66%

Loan term

Principal & interest
$118,238
Property tax
$22,999
Home insurance
$9,583

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).