Reef Point Triplex, Utila,
Description
This 3-story home located in the beautiful SW Reef Pointe area is available for sale, but it is currently in need of substantial renovation and is being sold as a fixer-upper. The property is situated on a .28-acre lot and is the only structure allowed in The Well for commercial use, making it a unique investment opportunity. Floors one and two originally had full kitchens, dining rooms, two bedrooms, and two bathrooms and can be returned to the same layout with a little effort. Ample front porch space is equal on the first two floors, and the third floor has a full kitchen, one large master suite, and a full bathroom with outstanding views from the private front porch.Supplements:This home is fully powered by municipal power and a 16,000-gallon water cistern. The property has a total of 2,775 square feet, with the first and second floors each measuring 2 bedrooms and 2 bathrooms, while the third floor has 1 bedroom and 1 bathroom. In addition to its unique features and investment potential, this 3-story fixer-upper also boasts breathtaking views of the Utila Cays and the mountainous coastline of Honduras. The property also features a calm water beach that is perfect for stand-up paddle boarding, kayaking, and swimming. For those interested in water activities, scuba diving and deep-sea fishing are just around the corner, and dolphins and whale sharks can often be spotted in the area. Furthermore, the property provides easy access to a local grocery store and Neptune's restaurant located further up the beach, making it a convenient location for both visitors and residents. With its stunning views and endless possibilities, this fixer-upper presents an exceptional opportunity for anyone looking to invest in a unique property with great potential in a beautiful location. If you're looking for a unique investment opportunity in a beautiful location and are willing to put in the work to renovate this property, then this fixer-upper could be the perfect opportunity for you.
Directions
Take a boat west from Utila town and stop at The Well on South Shore Triplex can clearly be seen on oceanfront lot.
Property Details
| MLS# | 23-266 |
|---|---|
| Status | Active |
| Price | $320,000 |
| List Price | $320,000 |
| Type | Homes |
| Area | Utila |
| Subdivision | Reef Point Triplex |
| Bedrooms | 5 |
| Bathrooms | 5 |
| SqFt | 2,775 |
| Lot (acres) | 0.28 |
| Brokerage | ROATAN REAL ESTATE ASSOCIATION |
| List Date | 7/08/2025 |
| Last Modified | 1/24/2026 |