Water Caye represents the rarest of opportunities in all of Belize in so many unique ways. Boasting an area 500± acres, making this one of the largest privately held islands in the country, this island property is situated only 12 miles ESE of the Belize City hub, the biggest city with the largest population in the entire country.Its proximity to Belize City makes it more convenient for access to all materials for construction, food stuffs, other essential materials, services and transporting workers or guests. Its southern edge is approximately 2,800 feet from the main deep water shipping channel, so a jetty from the island to deep water can certainly be realized if needed. There is deep enough water for boats with a draft of 5 feet or less to dock, with little if any dredging needed to clear a channel to dock. Smaller boats can run right up to its shores. Its eastern edge is situated only 1.5 miles from the second largest living barrier reef in the world, offering snorkeling, diving, sport fishing and the freshest seafood smorgasbord to satisfy the most discerning palate. The deep-water channel break in the reef is only a mere 2.8 miles and into blue water for deep sea fishing or diving along the edge of the continental shelf. Water Caye has had extensive development planning permission granted (now lapsed) in years gone by which included the preparing of building lots including hotels, villas, deep water marina and even an air strip. Subject to renewal of permits which have expired or the grant of new permits where applicable, the new owner can be off to a running start and can continue expanding as the need determines. This property offers endless opportunities including resorts, and subdivision into building lots residential or commercial. One could even maintain its natural state and reap blue carbon credits. The possibilities are limited only to one’s imagination and objectives. Property details provided by seller or others; buyer to verify.