Lot B- Residences At La Pointe | $2,500,000 | MLS# 67872
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James
Bernard
C. (242) 376-0898
P. (242) 702-8788
Phone James jbernard@bhhsb.com http://www.bhhsb.com
BERKSHIRE HATHAWAY HOMESERVICE

New Providence
Bahamas
MLS# 67872

Details

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Address Lot B Residences At La Pointe
AreaNew Providence/Paradise Island
Sub AreaYamacraw
CountryBahamas
Price$2,500,000
Property TypeLots/Acreage
Bedrooms4
Bathrooms4
Floor Space3733 Square Feet
Lot Size0.09 Acres
ParkingCarport - Single
MLS® #67872

Beachfront land inside Port New Providence — genuinely on the sand, with entitlements in hand — does not come to market. When something of this description finds its way to a buyer, it is almost always packaged with a completed product, absorbed into the sale of an existing residence. To find it offered on its own, with a clear runway to build, is exceptional. Which is the whole point of this listing. Thirty-one thousand square feet, fronting one of the most protected community beaches on the south shore of New Providence, and entitled for an eight-unit boutique development. Concept renderings by the ownership contemplate two low-rise buildings of contemporary line — glass, plaster, timber screens — with each residence rising to a rooftop, drawing down to a private pool, and opening directly onto the sand. The scheme has been designed with restraint; the underwriting math is clear-eyed. Finished units in this configuration would be expected to trade in the $1.5M to $2M+ range apiece, in a market where sophisticated coastal product at that level continues to find its buyer.


Listing Courtesy of the Bahamas MLS


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