Price: $120,000 Status: Active Rental Term: n/a Address: Canal Court Subdivision: Bahama Reef Yacht and Country Club City: Freeport Unit: - Block: 10 Lot: 66 Latitude: 26.504040 Longitude: -78.664882 Lot Size: 14,269 sq ft Dimensions: 118 x 130 x 128 x 47 x 102 Zoning: Multi Family
Listing ID: 5117
Description
This Grand Bahama Canal lot is zoned for multi-family/high-rise for high density development. This property is located in one of the most desired subdivisions with quick and convenient access to the Grand Bahama International and Domestic Airports just 10 minutes away. The lot is within walking distance to beautiful Williams Town Beach and just minutes away from world famous Port Lucaya Marketplace, Casino and downtown. The lot is bulk headed with 47ft on the canal and can accommodate a 30ft. boat.
Bahama Reef is a very highly developed area of condos, apartments, marinas and resorts. The subdivision’s close proximity to both Freeport and The Our Lucaya resorts makes it central to all activities and shopping. Although the property features little waterfront, the view offered would attract tenants or buyers to an apartment complex or condominium development. Six units could easily be constructed on this land making the “per unit” cost of the condos or apartments just $30,000 each… a very affordable figure.
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