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The subject property consists of two parcels of land consisting of a total of
177.977Acres in size. This property features approximately 3,887 ft of water frontage along The Caribbean Sea on the
eastern side and 4,956 ft along the Shipstern Lagoon on the western side. It is predominantly low lying and consists of
some mangrove vegetation in their natural state.This property will require to be filled and some type of activity will need to
be carried out on the seaside to prevent any erosion. Although the Shipstern Nature Reserve, which is a private reserve, sits
immediately west of the property and actually includes portions of the lagoon, it does not include the portion of the lagoon
that abuts the property. The property can be utilized and developed for residential/commercial uses or as one sees fit
considering also the land can be cleared and filled very easily, following very closely development guidelines that govern
development along the coast which is protected and form part of the Corozal Bay Wildlife Sanctuary. The property offers a
beautiful water view and affords an unforgettable fishing experience. It can be accessed presently only by boat
177.977Acres in size. This property features approximately 3,887 ft of water frontage along The Caribbean Sea on the
eastern side and 4,956 ft along the Shipstern Lagoon on the western side. It is predominantly low lying and consists of
some mangrove vegetation in their natural state.This property will require to be filled and some type of activity will need to
be carried out on the seaside to prevent any erosion. Although the Shipstern Nature Reserve, which is a private reserve, sits
immediately west of the property and actually includes portions of the lagoon, it does not include the portion of the lagoon
that abuts the property. The property can be utilized and developed for residential/commercial uses or as one sees fit
considering also the land can be cleared and filled very easily, following very closely development guidelines that govern
development along the coast which is protected and form part of the Corozal Bay Wildlife Sanctuary. The property offers a
beautiful water view and affords an unforgettable fishing experience. It can be accessed presently only by boat
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