Yes you saw it correctly…$279,000, zoned RT0 – Residencial Turistico, about 25 steps from the corridor, and close to downtown Cabo. There is an existing structure that can be demolished in order to build a 4 level. You can apply for 6 level. Great location for anything…office building, condos, boutique Hotel, medical boutique spa, etc. with ocean views from second level and up. Easy to find: Driving towards Cabo pass Costco, first street past Villa Neptuno make a right on the dirt road going up. Across the street from Los Patios and behind Plaza San Diego. Can’t miss it. Big white structure with columns.