MLS# 53162 Treasure Cay Abaco
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Listed Price: $949,000
Property Type: Single Family Home
Sale or Rent: For Sale Only
Bedrooms: 2
Bathrooms: 2
SqFt Total: 1400
Construction: Other
Monthly Assessment: 0
Total Finished Floor Area: 1400
Style: Single Family Lot
Currency: USD
Lot: 37
Lot SqFt: 19000
Amenities: Main Level Entry||Cable||Furnished
Legal Description: Marina View -Multi Family Investment Property, Lot 37 Block 167
Air Conditioning: Central
Foundation: Yes
Assessment Includes: No Fee
Roof: Bermuda
Exterior Finish: Stucco
Description: Introducing a prime real estate opportunity that boasts a vast vacant lot with boundless potential, complemented by an existing home offering breathtaking sunrise vistas overlooking the Treasure Cay marina and harbor. The potential for investment here is exceptional. With its multi-family zoning, this parcel allows for the construction of a six-unit townhouse building in addition to the existing home and garage. The property package includes completed renderings and Florida-engineered construction plans, all of which will be included in the sale. Each townhouse unit is thoughtfully designed with two bedrooms and a shared bathroom on the upper level, while the lower floor encompasses a welcoming living room, a fully-equipped kitchen, and a full bathroom, along with a separate porch and balcony for each unit. Situated on nearly half an acre of land, this investment property promises substantial returns, given Treasure Cay's robust rental market, where short-term rates average $250 per night and long-term rentals command $3,000 to $3,500 per month.
Site Influences: Golf Course Nearby||Acreage||Road - Paved||Marina Nearby||Can Be Rented
MLS Number: 53162
Modified Date: 2024-01-22T06:47:44
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