Oceanfront property with nearly 3/4 of an acre in Panama city for Sale for just 1210 USD per m2

Sprawling ocean front estate consisting of 2 single family homes and a large pool/social area,  in Coco del Mar, Panama City.

This very unique property has a total of 2893.25 m2 which is just shy of 3/4 of an acre in size.

The ocean front property has a 5 car garage, each with its own automatic door opener.  The garage connects to the principal home via the main entrance which features 2 water fountains and it also connects to the secondary home via a hallway.

House 1 consists of:

• L-shaped terrace,
• living room,
• dining room area,
• study,
• kitchen,
• bar with kitchenette which opens up to the massive pool and social area.  
• 2 visitors bathrooms
• 2 bedrooms each with its own onsuite bathroom.

This home opens up to an internal courtyard, where the swimming pool is located, and a laundry/pool pump room.  This house was built in 1974 and has aproximately 435 m2 of construction.

House 2 consists of:

• internal courtyard
• visitors bathroom
• living room
• dining room
• study
• den or family room with a bar
• formal dining room
• sun room
• kitchen with pantry
• 2 storage areas
• service entry
• service wing with 2 bedrooms, 2 bathrooms, and dining area
• enclosed laundry room
• The 2nd level of this house has the master bedroom suite
  
  • dressing room
  • on-suite bathroom
  • private terrace
• 2 secondary bedrooms, each with its own bathroom

This home was built in 1983 and has approximately 865 m2 of construction

The property is zoned R1-A which allows for single family homes and duplexes with a net density of up to 100 people per HA.