Single Family Home in Treasure Cay

Single Family Home in Abaco

2 BD

2 BA

Single Family Home

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This listing is courtesy of the Bahamas MLS

Listing details

Description

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.