|
Coral Stone Club Ownership
The Coral Stone Club on Grand Cayman Island is a Brian Butler Development completed in 1994. It consists of 33 custom-designed vacation rental units with 3 bedrooms and 3 baths; and a double unit of 4 bedrooms and 4 bathrooms with enhanced living and dining areas. There are currently 15 original owners and 15 families that have owned over 6 years.
In January, 2005, Coral Stone Club initiated a major renovation to the complex. This was partially
due
to Hurricane Ivan,
but, the main
thrust came from
the commitment
of the owners
to make
Coral Stone Club
a first class property
that would withstand
a Category 5 hurricane
with minimal damage.
Engineers were brought
in to design and
develop all structures
to the specifications
necessary to
meet these criteria.
Lighting designers,
structural designers
and landscape architects
were hired to redesign
the look and feel
of the property.
Today, the newly renovated Coral Stone Club stands as one of the premium vacation rental properties on
Seven Mile Beach.
Exterior renovations
- All windows and doors were replaced to meet and exceed Dade County’s highest hurricane
standards.
- A new standing seam roof was installed which meets all modern hurricane codes.
- New air compressor stands were erected on the roof and the compressors were secured to meet the new hurricane codes.
- A complete new lighting system was installed around the property.
- All exterior deck tiles were removed and custom-design tiles were installed on the ground floors and Italian tiles were laid on the upper decks.
- All buildings had their original surfaces removed. Architectural accents were added and new Acrocrete surface was applied.
- New landscaping, throughout the property, included the addition of palm trees framing the pool and beach areas. The components of the new exterior now give Coral Stone Club a modern Caribbean look.
|
Interior renovations
While all this was happening to the exterior, each unit owner undertook complete renovations to their own vacation rental units. Interiors were stripped down to the concrete walls. These units now have new floors, custom-designed bathrooms, kitchens and many unique features that make each unit different.
The
Beach
The true capital
appreciation of
any building on
Seven Mile Beach
is directly correlated
to the amount of
beach frontage owned
by the strata. The
Coral Stone Club
is in the unique
position of owning
420 feet of beach.
This is shared between
36 owners. With
current valuations
running in excess
of $160,000.00 per
linear foot, the
value of beach front
belonging to the
Coral Stone Owners
far exceeds that
of many other properties.
This is an important
feature to keep
in mind when comparing
the Coral Stone
Club to other Seven
Mile Beach properties.
Being a Part of
the Family
We have now been
residents at Coral
Stone for a month.
What a month! Moving
back to Cayman after
a 3-year post-Ivan
hiatus, we made it
just in time to
re-pack everything
just unpacked to be
ready for Dean!
Thanks to you, and
all of your staff,
we are certain our
condo here has been
the right move. You
and the staff were
the deciding factors
in our purchasing
this apartment,
rather than the
other one we were
seriously
considering. Your
assistance (and the
help of your staff)
with professional,
cheerful assistance
during the moving
days, the hurricane
preparations, and
since: just the
best. The owners we
have met, have made
our first month here
a very very good
one.
Thanks again to all
of you,
Satisfied Owner
If
you are interested
in joining the Coral
Stone Club family,
please contact Kim
Blackwell at
1-345-945-5820 or
email at mgr@coralstoneclub.com
regarding current
availability of
units for purchase.
|
