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lot 14 DRAGON FLY DRIVE SOUTH OC #Block 8 New Providence/Paradise Island
13,019 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 13,019 sqft
Price per Sqft $22
Subdivision South Ocean Estates
MLS Listing ID 68267
Style Multi-Family Lot
Lot Size 0.299 Acres
Property Description
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 propertyâs 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.
Location
Community South Ocean
Area South Ocean
Building/Complex Name New Providence/Paradise Island
Interior
Interior Features 24 Hour Security
Cooling None
Exterior
Parking Features Open
Roof Type Other
Building
Lot Description Can Be Rented, Gated Community
Foundation No
Sewer None
Water None
Structure Type Concrete Block
Courtesy of: The Bahamas MLS
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