4-7. 15-20 CONTINENTAL PARK Grand Bahama/Freeport

$465,000

Basics

Location Bahama Terrace Island Grand Bahama/Freeport Lot Number 4-7, 15-20 Construction Concrete Block
Category Total Finished Floor Area 6600 Type Status
Bedrooms 6 beds Bathrooms 4 baths Area 3300 sq ft Lot size 83901 sq ft
MLS ID 66251

Description

  • Description:

    Investment & Development Opportunity. Rare opportunity to acquire an established residential development in the desirable Bahama Terrace area of Freeport for under $500,000. This package includes two completed income-producing homes and eight single-family residential lots within the private park of Continental Park. Continental Park is a small neighborhood centered around a lush one-acre residents’ only private park with a swimming pool, creating a peaceful setting for homeowners. The community consists of 22 homesites, with 9 homes already built, providing a solid foundation for a developer or investor to complete and revitalize the remaining lots. The two existing homes are currently rented, offering immediate income while further development is planned. HOA fees for the homes are $233 per month, covering lawn care, pool upkeep, and insurance, while the vacant lots carry only a minimal HOA fee, $20/month. Conveniently located near grocery stores, marinas, restaurants, downtown Freeport, and Port Lucaya, this offering presents a compelling opportunity for any developer.

Property Features

  • Amenities: Garden Area,Swimming Pool,Main Level Entry
  • Shared Amenities: Pool Outdoor
  • Style: Other
  • Exterior Finish: Finished Concrete
  • Sewer: Septic - Yes
  • Water: City
  • Laundry: In Unit
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Air conditioning (Condo): Central
  • Outdoor Area (Condo): Covered Patio,Pool
  • Assessment Includes (Condo): Landscaping,Garbage Disposal
  • Parking Type: Open

Miscellaneous

  • Site Influences: Central location,Family Oriented,Shopping Nearby,Quiet Area,Marina Nearby,Pets Allowed,Can Be Rented

Location

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This property is shown courtesy of The Bahamas MLS.
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.

This style property is located in is currently and has been listed on Wateredge Bahamas. This property is listed at $465,000. It has 6 beds bedrooms, 4 baths bathrooms, and is 3300 sq ft. The property was built in year.

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