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$ 465,000

Est. payment -/mo

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Active

4-7. 15-20 CONTINENTAL PARK Grand Bahama/Freeport

6 Beds

4 Baths

3,300 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $140

MLS Listing ID 66251

Style Other

Bedrooms 6

Lot Size 1.926 Acres

Property Description

Investment & Development Opportunity. Rare opportunity to acquire an established residential development in the desirable Bahama Terrace area of Freeport for under $500,000. This package includes two completed income-producing homes and eight single-family residential lots within the private park of Continental Park. Continental Park is a small neighborhood centered around a lush one-acre residents' only private park with a swimming pool, creating a peaceful setting for homeowners. The community consists of 22 homesites, with 9 homes already built, providing a solid foundation for a developer or investor to complete and revitalize the remaining lots. The two existing homes are currently rented, offering immediate income while further development is planned. HOA fees for the homes are $233 per month, covering lawn care, pool upkeep, and insurance, while the vacant lots carry only a minimal HOA fee, $20/month. Conveniently located near grocery stores, marinas, restaurants, downtown Freeport, and Port Lucaya, this offering presents a compelling opportunity for any developer.

Location

Community Bahama Terrace

Area Bahama Terrace

Building/Complex Name Grand Bahama/Freeport

Interior

Interior Features Garden Area, Swimming Pool, Main Level Entry

Cooling Central

Laundry In Unit

Exterior

Exterior Feature Covered Patio, Pool

Parking Features Open

Amenities Available Pool Outdoor

Roof Type Asphalt Shingle

Building

Lot Description Central location, Family Oriented, Shopping Nearby, Quiet Area, Marina Nearby, Pets Allowed, Can Be Rented

Foundation Yes

Sewer Septic - Yes

Water City

Structure Type Concrete Block

Courtesy of: The Bahamas MLS

NEARBY SCHOOLS & PROPERTIES

Cynthia Bocus

Advisor | License ID: 1062

+12424454115

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