Basics
| Title of Property Margarita | Location Cable Beach | Island New Providence/Paradise Island | Lot Number 21 |
| Construction Concrete Block | Floors In Building 2 | Category Single Family Home | Total Finished Floor Area 6100 |
| Type Single Family Home | Status For Sale Only | Bedrooms 7 beds | Bathrooms 7 baths |
| Area 6100 sq ft | Lot size 24999 sq ft | MLS ID 65616 |
Description
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Description:
Located just steps from the pristine shores of Cable Beach, this estate property presents a rare opportunity for buyers seeking space, character, and upside in one of Nassau’s most desirable areas. Set on an expansive nearly 25,000 sq. ft. lot, the property offers significant potential for restoration or multifamily redevelopment. The main residence features classic Bahamian architecture, generous room sizes, and large windows that allow for abundant natural light. While the home does require updating and care, it provides a solid canvas for a thoughtful renovation that can restore and elevate its original charm. Outdoors, mature tropical landscaping surrounds a beautiful yard and pool area, creating a private oasis ideal for relaxation or entertaining. Just a short walk from the sea, the property enjoys close proximity to the ocean for added relaxation and some coastal living. Adding further value, the estate includes four self-contained apartments, offering immediate income potential while plans for the main house are realized.
Property Features
- Amenities: Garden Area,Main Level Entry,Fully Walled,Cable,Unfurnished,Short Term Allowed
- Shared Amenities: Beach
- Style: Multi-Family Lot
- Exterior Finish: Finished Concrete
- Sewer: Septic - Yes
- Water: City
- Laundry: In Unit
- Flooring: Mixed
- Road: Street
- Roof: Asphalt Shingle
- Foundation: Yes
- Insulation (Ceiling): Unknown
- Insulation (Walls): Unknown
- Air conditioning (Condo): Split
- Outdoor Area (Condo): Private Yard,Gazebo,Covered Patio,Porch,Pool,Garden,Fruit Trees
- Assessment Includes (Condo): No Fee
- Parking Type: Garage - Double,Additional Parking
Miscellaneous
- Legal Description: Margarita House, 21C Chapmans Subdivision, Cable Beach, Nassau Bahamas
- Site Influences: Central location,Easy Access,Private Setting,View - Ocean,Treed Lot,No Thru Road,Landscaped,Road - Paved,Phone to Lot,Level Lot,Can Be Rented