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Capricorn Restaurant, 5-Acre Beachfront Property — San Pedro, Ambergris Caye

Capricorn Restaurant, Honourable Heredia Jr. North Road, Caribeville, San Pedro Town, Belize

For Sale, New Addition

BZ $13,800,000 (USD$6,900,000)

See All Photos (48)See All Photos (48)

Property ID:

None

Bedrooms

Bathrooms

Lot Size

7 Acres

Description

Unique beachfront opportunity on Ambergris Caye — 5 acres with approximately 0.5 acres of beachfront protected by a sea wall. Known locally as Capricorn Restaurant & Bar, this turnkey property combines a fully operational restaurant, dock infrastructure, and villas under construction. Ideal for operators, developers, or investors seeking immediate income and long-term growth.

Price: BZD 13,800,000 / USD 6,900,000
Lot Size: Approximately 5 acres
Bedrooms: 17 (upon completion)
Bathrooms: 11 (upon completion)

Key Features:

Main Building (2-story): Ground floor restaurant, kitchen, pantry, storeroom, and bathroom; upstairs has two rental units with beautiful wooden vaulted ceilings (a studio with private bath/kitchenette and a 1-bedroom unit with ensuite bathroom).
Palapa Bar & Outdoor Dining: 42′ × 29’7″, ideal for events or overflow seating.
Guest Villas (under construction): Four buildings (three with 2-beds and 2-baths; one 1-bed/1-bath) with living/dining/kitchenette.
Dock Units: Two palapa studios (approx. 20′ × 16′) with private bath/kitchenette.
Support Buildings: Storeroom/laundry, office, repurposed containers, secondary structures, and a roadside structure just outside the property fence serving as the Capricorn takeout and roadside dining area.
Turnkey Sale: Restaurant operation, rentable units, dock infrastructure, and utilities ready for immediate operation. (Utilities, site plans, structural details, and permit history available for qualified buyers.)
Expansion Potential: Large land area provides flexibility for additional villas, resort amenities, or other hospitality ventures.

Why This Location Matters:

Located in San Pedro, the primary tourism hub of Ambergris Caye with direct access to the Belize Barrier Reef.
Established local brand with strong online presence and customer base.
Strong long-term potential for vacation rentals, boutique resort, or mixed-use hospitality.

Reach out today to learn more or to schedule a private showing.