Bo. Islote, Sector Melilla | PR-681 | Approx. 1.78 Acres | Zoned R-I Bo. Islote, Sector Melilla, Arecibo, offering direct road access, strong visibility, and proximity to restaurants and coastal attractions. The property is situated along Puerto Rico’s north coast, an area recognized for its oceanfront character and increasing interest tied to tourism and residential growth. The site consists of two estates sold together as one transaction and includes existing structures, one of which is currently habitable and another requiring repairs. Existing improvements are considered accessory and are not the primary basis of value. The property features direct Atlantic Ocean frontage and frontage along PR-681, providing flexibility for future site planning. Zoned R-I (Residential-Intermediate), the zoning allows for a range of residential and residential-related uses, subject to permits and approvals. Utilities are available, including water and electricity. Located minutes from La Poza del Obispo and the Arecibo Lighthouse, the property offers convenient access while maintaining a coastal setting with long-term development potential. An excellent opportunity for buyers seeking an oceanfront site with existing improvements, accessibility, and zoning flexibility along Puerto Rico’s north shore.