If owning a private island in the Caribbean sounds like a pipe dream to you, you’re in luck: An island in Belize just hit the market for an affordable $350,000, which is cheaper than the median home prices in major markets like New York, Seattle, San Diego and Portland.

The 1-acre island is located seven miles off the coast of Southern Belize, which is about 20 minutes by boat, according to 7th Heaven Properties.

Source: You can buy this private island in the Caribbean for $350,000—take a look