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Introducing a prime real estate opportunity that boasts a vast vacant lot with boundless potential, complemented by an existing home offering breathtaking sunrise vistas overlooking the Treasure Cay marina and harbor. The potential for investment here is exceptional. With its multi-family zoning, this parcel allows for the construction of a six-unit townhouse building in addition to the existing home and garage. The property package includes completed renderings and Florida-engineered construction plans, all of which will be included in the sale. Each townhouse unit is thoughtfully designed with two bedrooms and a shared bathroom on the upper level, while the lower floor encompasses a welcoming living room, a fully-equipped kitchen, and a full bathroom, along with a separate porch and balcony for each unit. Situated on nearly half an acre of land, this investment property promises substantial returns, given Treasure Cay's robust rental market, where short-term rates average $250 per night and long-term rentals command $3,000 to $3,500 per month.

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Courtesy of the MLS

The data relating to real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.

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