Fourteen Mullet Bay 2 Bedroom Condo For Sale

Fourteen Mullet Bay 2 Bedroom Modern Condo For Sale

Fourteen Mullet Bay represents a landmark residential property situated in the prestigious Cupecoy area of Sint Maarten. Recognized for its imposing architecture and significant market presence, it stands as one of the most sought-after condominium developments on the island.

• Market Significance: Achieved substantial sales volume, indicating strong market demand, with individual unit sales reaching up to $5,000,000 USD.
• Architectural Presence: Features two distinctive high-rise towers, each spanning 21 levels.
• Total Residences: Comprises a total of 150 condominium units.
• Reputation: Widely discussed for its design and prime location near the world-renowned Mullet Bay Beach.

Unrivaled Location: The Gold Coast of Sint Maarten

Fourteen Mullet Bay boasts a strategic position on the Dutch side of Sint Maarten, an area often referred to as the “Gold Coast” for its stunning sunset views and upscale environment.

A. Proximity and Accessibility:

• Mullet Bay Beach: Located just a brief 5-minute walk from the pristine sands and warm waters of Mullet Bay Beach.
• Nearby Amenities: Offers easy access to the vibrant Maho Village and the sophisticated Porto Cupecoy, providing diverse options for dining and entertainment.
• International Travel: Conveniently situated only a 20-minute drive from Princess Juliana International Airport (SXM), a significant advantage for international residents and frequent travelers.
• Regional Context: Located within the tranquil yet accessible Lowlands region of the island.

B. Adjacent Attractions:

• Mullet Bay Golf Course: Immediately adjacent to the prestigious Mullet Bay Golf Course, offering world-class sporting facilities.
• Local Conveniences: Within a 5-minute walk to Kalatua Beach restaurant and a local supermarket.

Architectural Design and Superior Construction

Developed by FT Developments as their flagship project, Fourteen Mullet Bay exemplifies robust and high-quality construction standards, setting a new benchmark in Sint Maarten.

A. Construction Milestones:

• Involved significant construction undertakings, including one of the largest concrete pours in Sint Maarten’s recent construction history.
• Utilized expertise from Miami-based construction companies operating in Sint Maarten.

B. Resilience and Durability:

• Structural Integrity: Engineered to be earthquake-rated and hurricane-resistant.
• Material Quality: Employs hurricane-resistant materials, including those supplied by Aluprof.
• Enhanced Features: Features notably heavy and strong balcony glass doors, indicating superior material selection.

C. Impact on Local Development:

• FT Construction is recognized for advancing construction and land development standards in Sint Maarten through projects like Fourteen Mullet Bay.

IV. Residence Features: European Design and Premium Finishes

Each apartment within Fourteen Mullet Bay is meticulously designed with a focus on sophistication and high-end European aesthetics.

A. Interior Appointments:

• Flooring: Luxury tiling by Marazzi.
• Sanitary Fixtures: Premium fixtures by Noken and Krion.
• Climate Control: Central air conditioning system.
• Kitchen Design: Sleek, modern kitchens by Gamadecor.

B. Appliance Package:

State-of-the-art kitchen appliances include:

• Induction hob
• Oven
• Dishwasher
• Washing machine
• Refrigerator

Featured Brands: Primarily Siemens and Bosch appliances.

C. Connectivity:

• High-speed internet access.
• Satellite TV provisions.

D. Outdoor Living:

• Private balconies designed to offer generous outdoor space, noted as being larger than those at comparable developments like Aqua Resort.
• Opportunity to enjoy gentle ocean sounds and views from private balconies.

V. Exclusive Amenities and Resident Services

Fourteen Mullet Bay provides an array of exceptional amenities designed for comfort, convenience, and a luxurious lifestyle.

A. Core Amenities:

• Swimming Pool: A 25-meter outdoor Olympic-length swimming pool with a swim-up bar.
• Fitness Center: A state-of-the-art, fully equipped fitness center.
• Lobbies & Lounges:
  • Two elegant indoor lobbies and guest lounges.
  • Poolside lounge area.
  • Outdoor covered lounge for shaded relaxation.
• Parking: Uncovered and covered parking options available for residents and guests (valet service mentioned in some descriptions).
• Security: 24/7 manned security gate and reception desk ensuring peace of mind.
• Concierge Services: Personalized concierge services available in the lobby.
• Beach Access: Privileged, direct access to Mullet Bay Beach.
• Elevators: Modern elevators providing easy access to all floors.
• Landscaping: Meticulously maintained lush landscapes.
• On-Site Dining: Restaurant and pool bar facilities available.

B. Optional Concierge-Style Services:

Residents can enhance their lifestyle with a selection of optional services, potentially including:

• Private speed boat tours
• Gourmet catamaran tours
• Condo pre-stocking services
• Horseback riding arrangements
• Jet ski rentals
• Clear kayak tours
• Catering services
• Massage services
• Car rental arrangements
• Airport fast-track services
• VIP island tours

VI. Lifestyle: The Epitome of Caribbean Living

Residing at Fourteen Mullet Bay offers more than just a luxury home; it provides a gateway to an unparalleled Caribbean lifestyle.

A. Daily Experience:

• Awaken to Caribbean breezes and ocean vistas.
• Enjoy immediate proximity to both world-class golf and pristine beach environments.
• Immerse oneself in the unique blend of Dutch and French cultures on Sint Maarten.

B. Mullet Bay Beach Experience:

• Natural Beauty: Renowned for soft white sands, crystal-clear turquoise waters, and framing palm trees.
• Activities: Ideal for sunbathing, swimming, and watersports.
• Dining: Several charming beachside restaurants offer local cuisine.
• Sunsets: Offers unobstructed Caribbean Sea views for spectacular sunsets.

C. Island Attractions:

• Easy access to vibrant nightlife, exquisite dining, and duty-free shopping opportunities.

Investment Opportunity in a Thriving Market

Investing in Fourteen Mullet Bay offers potential for significant returns within Sint Maarten’s robust and growing real estate market.

A. Market Dynamics:

• Sint Maarten’s real estate market is experiencing a “cheerful renaissance” with increased sales and new developments.
• Strong demand exists for high-quality rental properties, fueled by a thriving tourism industry.

B. Property Appeal:

• The development’s luxury amenities, prime location, and stunning views position it ideally for attracting discerning renters and buyers.
• High potential for rental income and long-term property appreciation.

C. Favorable Tax Environment:

• No Annual Property Tax: A significant advantage for homeowners.
• No Capital Gains Tax: Enhances the profitability of potential future sales.
• Investor Appeal: Sint Maarten is considered a premier destination for global real estate investors due to its tax benefits and market potential.

Homeowners Association (HOA) Details

The HOA fees at Fourteen Mullet Bay are structured to provide comprehensive coverage and maintain the property’s high standards, representing sound long-term value.

A. Annual Fee Structure:

• Calculated at approximately $5 USD per square foot per year.

B. Illustrative Annual/Monthly Costs (Estimates):

• One-Bedroom (approx. 646 sq ft): ~$3,230 annually / ~$269 monthly
• Two-Bedroom (approx. 1076 sq ft): ~$5,380 annually / ~$448 monthly
• Three-Bedroom (approx. 1291 sq ft): ~$6,455 annually / ~$538 monthly

C. Services Included in HOA Fees:

• External building insurance coverage.
• Security gate operation with 24/7 monitoring.
• Provision of private and guest parking areas.
• Access to indoor lobby and guest lounge facilities.
• Access to outdoor covered lounge areas.
• Maintenance of all common areas, elevators, and gardens.
• Poolside lounge and bar access (charges for consumption may apply).

IX. Purchasing Information: Closing Costs

Understanding the associated closing costs is essential for prospective buyers. In Sint Maarten, these typically include:

• Government Property Transfer Fee: 4% of the purchase price.
• Notary Fee: Approximately 1.5% to 2% of the purchase price.

Note: Agent fees are typically paid by the seller. There are no other standard closing costs.

X. Featured Property Example: Renovated 2-Bedroom Condominium

An example of a residence potentially available at Fourteen Mullet Bay:

• Unit Type: 2-bedroom condominium situated on a high floor.
• Condition: Fully renovated with completely new plumbing, electrics, and tiling.
• Layout Features:
  • Both bedrooms feature private balconies.
  • Both bedrooms include closets and en-suite marble bathrooms.
• Views: Offers premium sunset views due to its higher floor and central position within the building (“The Cliff Condo” designation suggests a specific building or wing).
• Kitchen: Features a completely custom design with genuine quartz stone countertops.