|Property type||Vacant Land|
|Lot Size||Approximately 4.44 Acres|
|Subdivision||Lucayan Beach West|
|Lot||Formerly Tracts 28 & 29|
Over 300 feet on the Ocean
James Sarles Realty presents a unique developer's opportunity consisting of 4 acres of prime beach front land with over 323 feet of Ocean Frontage located on one of the most beautiful beaches on Grand Bahama Island. This prime property is situated directly east of the upscale Oceanview Condominium and West of Riviera Towers on the Lucayan Strip on the South Shore of Grand Bahama Island only 90 miles from the coast of Florida. The lot is divided into 2 tracts being sold together but can be purchased individually. The zoning of the property is multi-family high rise which makes it ideal for a high rise condominium development and other multi-family use. The white sugar sandy beach is postcard perfect and the turquoise sea in front of the property is surrounded by live coral reefs making it perfect for swimming and snorkeling. This property is ideally located near Port Lucaya Market Place restaurant and shops as well as the Grand Lucayan Hotel. The permit and building permits are issued by the Grand Bahama Port Authority in very short time. This property was once listed at $7 Million dollars and is a great opportunity for a developer with vision of the future possibilities. The 4 acre tract is being offered Exclusively by Coldwell Banker James Sarles Realty for $1.44 Million US. Buyers will be responsible for 1/2 government stamp tax of 5%, and buyers Legal Fees.