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.
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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.
