About South Palmetto Point
Welcome to an exceptional opportunity to acquire a piece of paradise! A spectacular 42-acre parcel of land awaits you, boasting a sprawling 1,600 feet of mesmerizing beachfront on the leeward side, offering a peaceful and serene experience throughout the year. It is nestled in South Palmetto Point, with breathtaking views of the beach, the sparkling ocean, and the charming pineapple cays in the distance. This stunning gem is a prime investment opportunity for anyone seeking to establish a boutique resort or develop multiple beachfront homes for sale or rent as vacation villas. Also, expanding a private family compound on this pristine land is possible, making it an attractive option for a wide range of prospective buyers. The home on the property has 5 bedrooms/3.5 bathrooms, completely rebuilt/updated in 2012, including Dade County-approved impact glass, windows, and doors. It also has 2 zoned central AC units with separate built-in dehumidifiers, a whole-house backup generator, and a new roof installed in 2022.
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 |