South Palmetto Point, Eleuthera, Bahamas

$5,250,000

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5

Beds

3

Baths

1,853,042

Square feet

42.54

Acres

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
Status Active

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

Listing Map

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