OCEAN TERRACES
Property Details
Island: New Providence/Paradise Island
MLS#: 63751
Lot Size: 230,432 sq. ft.
Living Area: 30,000 sq. ft.
Property Type: Condominiums
Set on a 5.29-acre elevated property overlooking the beach and ocean along West Bay Street, The Ocean Terraces present a one-of-a-kind opportunity to acquire a turnkey, 16-unit condominium building. The property is fully furnished with move-in-ready residences and includes ample land for at least two additional similar buildings on the hilltop above the existing structure. The current building is configured as follows: there are four penthouses—two with two bedrooms and two with three bedrooms. All penthouses feature soaring 14-foot ceilings and top-of-the-line appliances, including wine coolers. The three-bedroom units offer spacious master bathrooms with standalone bathtubs and bidets. In addition, there are ten two-bedroom, two-bathroom units, each equipped with Viking appliances and wine coolers, as well as two one-bedroom units with a den. Every residence boasts large ocean-facing terraces and in-unit laundry facilities. All ocean facing french doors have fully automated roll down shutters. The Ocean Terraces offer excellent potential for multiple income streams.
Nearby Listings
- $16,000,000 For Sale Only OCEAN TERRACES,West Bay Street Beds: 31 Baths: 31 SqFt: 30 MLS:63751 Listing:R146 View Listing
- $990,000 Sold 12 Indigo Drive Nassau, Bahamas Beds: 3 Baths: 3.5 SqFt: 3 Listing:16-171 View Listing
- $11,500,000 For Sale Only OCEANFRONT PARCEL,West Bay Street Beds: 0 Baths: 0 SqFt: 317 MLS:61203 Listing:R185 View Listing
- $10,500,000 For Sale Only WEST BAY STREET,West Bay Street Beds: 0 Baths: 0 SqFt: 352 MLS:54746 Listing:R1525 View Listing
- $465,000 For Sale Only WESTRIDGE MULTI FAMILY LO,Westridge Beds: 0 Baths: 0 SqFt: 24 MLS:63008 Listing:R1025 View Listing
- $7,000 For Rent Only 2B CAVES HEIGHTS,West Bay Street Beds: 3 Baths: 4 SqFt: 2 MLS:60546 Listing:R2336 View Listing
- $7,000 For Rent Only WESTRIDGE 99 WESTRIDGE ESTATES,Westridge Beds: 5 Baths: 3 SqFt: 6 MLS:62838 Listing:R1110 View Listing
- $3,500 For Rent Only CAVES HILLTOP,Westridge Beds: 2 Baths: 2 SqFt: 1 MLS:60976 Listing:R598 View Listing
- $4,000 For Rent Only CAVES HILLTOP,Westridge Beds: 2 Baths: 2 SqFt: 1 MLS:61204 Listing:R2063 View Listing
- $4,000 For Rent Only CAVES HILLTOP ATLANTIC DR,Westridge Beds: 2 Baths: 2 SqFt: 1 MLS:60993 Listing:R2197 View Listing
Bahama Real Estate Association
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to the real estate for sale or lease on this website comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights reserved. This property is shown courtesy of The Bahamas MLS.
