Description
This lagoon front business and residential complex in Progresso, Corozal, is a former Gold Star–rated hotel and medical retreat, officially recognized for excellence in hospitality and service. That proven operational history, combined with 7 legally stratified units, makes this property one of the most flexible, business-ready investments in Northern Belize.
Designed for multi-use, income generation, and long-term appreciation, the property seamlessly supports hospitality, corporate, wellness, residential, and commercial operations—all from a single waterfront campus.
Key Highlights
- ✔ Former Gold Star–rated hotel & retreat
- ✔ 7 individual strata titles (rare in Belize)
- ✔ Lagoon front with private dock & sunset views
- ✔ Reinforced concrete construction
- ✔ Ideal for multiple revenue streams
- ✔ Business, hospitality & residential ready
Ground Floor – Commercial & Operations Hub
Total Size: 3,983 sq. ft.
The foundation of the property’s business potential, designed for easy conversion and expansion.
Features include:
- 5 residential rooms (6 flexible spaces) across 3 condo-level units
- 5 bathrooms + plumbing in place for 2 additional bathrooms
- Owner’s quarters
- Four (4) garages – ideal for vehicles, workshops, or boat storage
- 432 sq. ft. screened lagoonfront verandahs
- Concrete slab floors with ceramic tile
Ideal Uses:
- Business offices or corporate HQ
- Call center / BPO
- Recording studio or production lab
- Training facility or retreat operations
- E-commerce distribution or export hub
- Wellness, yoga, or fitness studio
First Floor – Residential & Rental Units
Total Size: 5,184 sq. ft.
Four full condominium units designed for long-term rentals, staff housing, digital nomads, or retreat guests.
Each unit features:
- Living & dining areas
- Full kitchen
- 1 bedroom | 1 bathroom
- Walk-in closet
- Split-unit A/C
- Private screened balcony with outdoor shower
Wraparound Verandah
- 1,864 sq. ft. screened
- Panoramic west-facing lagoon views
- Iconic Belizean sunsets
Strata Breakdown – 7 Legal Units
Unmatched flexibility for resale, leasing, or multi-business use.
- Units 1–4: 1,296 sq. ft. each
- Units 5 & 6: 712 sq. ft. each
- Convertible into 2 studios or 1 large suite
- Includes garage & kitchen
- Unit 7: 712 sq. ft. + expansion areas
- 2 bedrooms, 1 bathroom
- Cold room (storage/production)
- Laundry room
- 28’ x 42’ commercial room
- Additional bathroom
- 2 garages (mergeable into larger commercial space)
Prime Lagoon front Location – Progresso
- Calm, crystal-clear lagoon waters
- Direct boat access to the Caribbean Sea
- Private dock for boats, yachts, or water taxis
- Quiet, safe, and growing expat & investor community
- Waterfront strata properties are extremely rare
Ideal For
- Boutique hotel or Airbnb resort
- Digital nomad or remote-work campus
- Corporate retreat or training center
- Wellness or light medical retreat
- Call center / BPO operations
- E-commerce & export-focused business
- Luxury private estate or multi-family compound
A True Legacy Investment
This is more than a property —it is a complete lagoon front business ecosystem.
✔ Proven track record
✔ Multiple income streams
✔ Rare legal structure
✔ Waterfront scarcity
✔ Long-term appreciation potential
For the investor or entrepreneur seeking scale, flexibility, and presence in Belize, opportunities like this are exceptionally rare.
📞 Contact Us Today to Schedule a Viewing!
📲 Phone: WhatsApp US 346-219-8623 | BZ 501-609-1292
📧 Email: marlon.samuels@ecob2txrealtors.bz
🌐 Follow Us: Facebook | YouTube – MarlonSamuel@Belizeanrealtor
Overview
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ID 16162
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Bedrooms 10
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Bathrooms 10
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Garages 4
Address
Open on Google Maps-
Address Progresso, Corozal, Belize
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Country Belize
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City/Town Corozal
Details
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Property ID 16162
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Price USD $1,250,000.00
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Property Type Airbnb, Commerical Properties, Luxury Homes, Residential Properties, Resort, Villa
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Property Label Hot Offer, New Listing
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Rooms 12
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Bedrooms 10
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Bathrooms 10
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Garages 4

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