Lot 14 Dragon Fly Drive South Oc Block 8, New Providence/Paradise Island, Bahamas

$290,000

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13,019

Square feet

0.30

Acres

About Lot 14 Dragon Fly Drive South Oc Block 8

An excellent multifamily development opportunity awaits in the gated community of South Ocean Estates. This spacious 13,019-square-foot parcel is designated as a duplex lot; however, the approved plans show that the property can accommodate up to four separate structures, each with provisions for its own utility meter. This offers an attractive opportunity for an investor or developer seeking to create multiple income-producing residences on one well-positioned property. A boundary wall has already been constructed, and provisions for utility connections are in place, helping to reduce some of the preliminary planning and infrastructure work. The property’s size and approved development potential provide flexibility for a thoughtfully designed residential project within an established western New Providence community. HOA fees are $594 quarterly, payable every three months. Contact us for further information, property details, or to arrange a review of the approved plans.

Features of Lot 14 Dragon Fly Drive South Oc Block 8

MLS® # 68267
Price $290,000
Bathrooms 0.00
Square Footage 13,019
Lot Square Footage 13,019
Acres 0.30
Type Residential
Sub-Type Lots/Acreage
Style Multi-Family Lot
Status Active

Community Information

Address Lot 14 Dragon Fly Drive South Oc Block 8
Area South Ocean
Subdivision South Ocean Estates
City New Providence/Paradise Island
State Bahamas

Amenities

Parking Open
Is Waterfront No
Has Pool No

Interior

Interior Features 24 Hour Security
Cooling None
Has Basement No

Exterior

Exterior Finished Concrete
Lot Description Can Be Rented, Gated Community
Roof Other
Construction Concrete Block
Foundation No

Listing Map

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