Basics
| Title of Property Bimini Triplex | Location North Bimini | Island Bimini | Lot Number A |
| Construction Frame | Category Triplex | Total Finished Floor Area 912 | Type Triplex |
| Status For Sale Only | Bedrooms 3 beds | Bathrooms 3 baths | Area 1119 sq ft |
| Lot size 2237 sq ft | MLS ID 67679 |
Description
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Description:
Bailey Town Residences presents an exceptional investment opportunity in the heart of North Bimini. This income-producing triplex consists of three fully self-contained one-bedroom, one-bathroom apartments, offering immediate rental income with significant upside potential. Situated on a corner lot, the property features private entrances, covered outdoor spaces, ample parking, and a practical layout designed for long-term tenancy or workforce housing. Whether you're an experienced investor or seeking your first income-producing property, Bailey Town Residences offers strong cash-flow potential in one of Bimini's established residential communities. Adding to its appeal, the property includes approved plans for future vertical expansion, creating an opportunity to increase rental inventory and enhance long-term returns. With Bimini continuing to experience growth and development, this property is well-positioned for investors seeking both current income and future appreciation.
Property Features
- Amenities: Impact Windows
- Style: Apartment
- Exterior Finish: Hardi Plank
- Sewer: Septic - Yes
- Water: City
- Flooring: Ceramic Tile
- Road: Street
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Outdoor Area (Condo): Porch
- Assessment Includes (Condo): No Fee
- Parking Type: Carport - Single,Other
Miscellaneous
- Legal Description: Northern Heights Lot A