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Developer Project - Beachfront & Canal
Date & Time Listed: 2013-02-16 21:50:44 (GMT)
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Ad Details:
Port of Call Drive, Freeport, Bahamas-East of Xanadu Beach 2.95 Acres-Ocean & 1 Ac. on Canal w/Boat Dockage. 400' of Oceanfront land with beautifully protected sandy beach, Zoned ‘Tourist Commercial’ suitable for hotel or multi-family. Port of Call Drive is between Princess Isle and Tyne Beach. The location is on a very private dead-end street in an upscale area, twelve minutes’ drive from the airport. The beach has a protective barrier reef creating an area that has moderate ocean waves. The Seller has a preliminary set of plans to build 30+/- Condo units. Directly Across the roadway from the beach parcel, located on a canal that exits into the ocean is an existing gated condominium 'Port Place'. An enclave of townhouses that are an additional part of the project which is 50%+ completed. The Buyer can build 6 townhomes or 12 2BR/2Bath Condo Flats. All Legal, Licensing & Architectural plans completed. The Declaration of Condominium is in place. Electric service is all underground from street to transformer main boxes; water lines are in from street to existing foundations that are in place. Building permits are awarded and fully paid. Duty Free Import Permits to do business with signed approvals by Port Authority exist. Lot 15: Pilings driven, completed, approved, foundation & 1st floor wall completed, electrical conduit embedded, electrical conduits from main to units (transformer & meter boxes completed), water lines embedded and main water line run. Lot 16: Pilings completed, approved, foundation completed & electrical (transformer and meter boxes) installed. Equipment Included in Sale: 2 Trailers loaded w/construction materials, tools, and more. Acquisition of Beach Parcels and Balance of the Canal Project is done via the acquisition of 100% of the outstanding shares of Duly registered Bahamian Corporation in good standing. Ownership may be 100% foreign, GRANTING CITIZENSHIP requiring pre-approval from Grand Bahama Port Authority and Central Bank.
Price: 2,500,000.00 USD
Keywords:
Oceanfront for Development Freeport Grand Bahama, Freeport Bahamas Oceanfront, Bahamas Land for Oceanfront Development
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