612-400-9000 INFO@MIKEWILEN.COM

Blue Dolphin, Belize - $1,900,000

An amazing lifestyle and investment opportunity on the island of AMBERGRIS CAYE, BELIZE
4,200 SQFT
5 Bedroom
6 Bathroom

The Property

The layout of three separate homes allows for versatility in rental options and how an owner can enjoy privacy even when the main house is rented. The main house – Blue Dolphin provides an open design which maximizes sea views and ocean breezes. This house is perfect for large family gatherings and celebrations with a very strong track record for vacation rentals comfortably accommodating 12 in the main house and up to 18 with both units rented. The second home, “Lil” Dolphin currently serves as a 1000 sq ft. office on the lower floor and a 1000 ft. 2 bedroom 1 bath on the upper floor which allows for additional rental potential or for the owners to maintain a private residence while the main home is generating rental income. “Lil” Dolphin is a separate lot with beachfront access and can be split from the main property. The third house sits at the entrance, and serves as the caretakers home which is essential to having a safe and functional property.

Turnkey Opportunity

The owners of Blue Dolphin have been in property management for over 20 years and have brought this property up to one of the number one rated vacation rental homes on the island. The current owners are able to carry a certain portion of the financing. Trade licenses, and land title can both be transferred to buyer. This allows a new owner confidence that it will be business as usual with continuity of operations and of brand and marketing.

Escape to Paradise

Blue Dolphin Beach House and Vacation Rental provides 146 ft. of prime beachfront with over 1.7 acres of lush tropical vegetation all only 3 miles north of San Pedro town on the island of Ambergris Caye, Belize. This property was once part of an expansive coconut plantation and produces amazing fresh coconuts for guests to enjoy. Ambergris Caye has become the hot spot of the Caribbean. A large private pool and panoramic ocean views from wrap around decks combined with a proven rental history make this one of the most magnificent and successful vacation homes on the island, providing annual revenue of over $250K net. Income and a dream lifestyle all in one!

Proven Track Record For Success

A proven track record of rentals is key to success. Blue Dolphin is a top rated vacation home on the island with 70! Five Star Reviews.

In today’s competitive vacation market, the value of a well established web presence and exceptional reviews cannot be understated. Achieving these reviews is a combination of an exceptionally comfortable home, attention to guest needs and providing a high-quality vacation home experience from start to finish.

 

– 24/ 7 Guest Services, great attention to guests needs and refined support systems.

 

– Solid Reputation on the island, with vendors, from accounting to contractors all system are in place.

 

– Full Time Caretaker and Guest Concierge, a big competitive advantage and great knowing that someone is watching your home everyday.

 

– Premium Partnerships. Due to excellent results the property now has premium status with the top booking engines.

 

– Consistent Track Record – 20 years of stable financial operations with solid Cap Rate.

Offering Opportunity & Value

Rental income and opportunity Whether you are a veteran in the vacation rental business or interested in making vacation rentals a new business there are key factors to understand about a house like the Blue Dolphin. A long track record of rental history equates to return clients and a refinement of operations. We are able to provide an income statement to any serious inquiries that will clearly show annual income of over $250,000. Many vacation house owners are happy with a break even approach. This property makes money! Blue Dolphin has a long and proven track record of positive cash flow. This allows an owner to enjoy the lifestyle of living in the Caribbean, full time or part time while the home is generating income. Labor in Belize is not a large capital cost, and therefore a full time caretaker, maintenance, housekeeping, and grounds keeping are all covered by the income. Vacation property ownership and management can provide a great lifestyle- business, and Blue Dolphin has all the right ingredients for continued success!

"Lil" Dolphin

The second house is very private from the main house. The current owners generally live in the upstairs of “Lil” Dolphin’s 2 bed 1 bath which allows rental to continue in the main house or this unit can be rented with the main house thus sleeping up to 18 total. The dental office downstairs has a wide range of conversion potential.

2000 SQ FT.

1 Bath Down

2 Bedrooms Up

Lower Level is currently a dental office which can convert to a business office or 2 bedrooms for an additional rental unit.

Why Belize

Belize has recently been “discovered” and leading the way in eco tourism. The opportunity to buy a home to enjoy with family and friends along with a successful business in a thriving market is rare.
– 100% foreign ownership of land or property
-100% foreign ownership of business and corporations
– Belize does not have estate tax or capital gains tax
– Property taxes are very low $375.00 per year for Blue Dolphin
– Legal System – Based on British Common Law, contracts are in English

Amazing Fun

– Blue Dolphin is a ten minute kayak to the 2nd largest reef in the world!
– 5 minutes by boat! Snorkeling, swimming, diving and fishing!
– The restaurant scene is delightful, The Truck Stop, Blue Water, Ahi & Rain

Vacation Rental

Blue Dolphin main house has an open air design that maximizes sea views and ocean breezes. This home is perfect for family gatherings and vacation rentals accommodating 12.

Advantages

– Ample storage for owners and guests
– Five Zoned A/C units
– Two separate laundry areas
– Natural mahogany doors and woodwork throughout
– Famous local artwork included
– Deep large lot and highland
– Quiet Neighborhood
– 10 minute golf cart ride to town
– N, S, and West boundaries secured by fence and bush
– Caretaker home at gated entrance
– All deck and pool furniture included
– Palapa and BBQ area
– Seawall and Pool deck with elevated views
– 310 ft. long Dock with Palapa
– 3 ton boat lift, dock and boat lift valuation is over 100k
– 20 foot Boat with Yamaha 85 hp
– Large 1.7 acres lot allows for future expansion
– 5 kayaks and 2 paddle boards
– 1 Club Car and 1 Polaris Ranger
– Heavy Duty Pool furniture is over $8k with low maintenance materials