706 Shore Rd Unit 706, Truro, MA 02652

$22,999,000
20,285
SqFt

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List Price
$22,999,000
Status
ACTIVE
MLS#
73560277
Year Built
2006
Acres
2.30
Living Area
20,285

Property Description

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.

Additional Information

Taxes
$24,097
Lot Size
100,188

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Listing courtesy of Listing Agent: Kevin A. Pepe from Listing Office: Commercial Realty Advisors, Inc..

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