About South Palmetto Point
This is an extraordinary development opportunity to acquire 42 acres and 1,600 feet of beachfront on the leeward side for a tranquil experience year-round. Situated in South Palmetto Point, tucked away in a serene setting with captivating views of the beach, ocean, and pineapple cays in the distance from every angle while walking along the calm, shallow shores - this is a must-see. Located a little over 10 minutes from Governor's Harbour and 25 minutes from the Governor's Harbour airport, it is conveniently located for any investment. Whether you're interested in creating a boutique resort, building multiple beachfront homes for sale or rent for vacation rental, or simply expanding a private family compound, this is appealing on many levels. A solidly built home on the property is being offered for vacation rental, it consists of 5 bedrooms/3.5 bathrooms and an open floor plan with views of the beach. It comes turnkey with a laundry room, tiled throughout, central AC, ample storage, wood cabinets, stainless steel appliances, and patio access from two bedrooms and the living room.
Features of South Palmetto Point
| MLS® # | 51925 |
|---|---|
| Price | $5,250,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,853,042 |
| Acres | 42.54 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Single Family Home |
| Style | Bahamian Style |
Community Information
| Address | South Palmetto Point |
|---|---|
| Area | Palmetto Point |
| City | Eleuthera |
| State | Bahamas |
Amenities
| Parking | Multiple C/P |
|---|---|
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Interior Features | Garden Area, Kitchen Built-in(s), Furnished |
|---|---|
| Cooling | Central |
| Has Basement | No |
Exterior
| Exterior | Finished Concrete |
|---|---|
| Exterior Features | Private Yard, Patio |
| Lot Description | Family Oriented, Private Setting, View - Ocean, Shopping Nearby, Quiet Area, Waterfront - Ocean, Acreage, Beach Front, Bay |
| Roof | Asphalt Shingle |
| Construction | Concrete Block |
| Foundation | Yes |