Three, Multi-unit apartment complexes
35 total units and neighboring buildable lot
One cleared and planted buildable lot
Located in the Bahama Reef Yacht & Country Club Complexes
Freeport, Grand Bahama Island
A premier investment or development opportunity — The Sea Breeze and Le Chateau Apartment complexes located within the Bahama Reef Yacht and Country Club complexes include three separate apartment buildings and a neighboring buildable lot set on a total of 1.37 acres with an appealing 475 feet of water frontage.
Walkable to The Ocean Reef Yacht Club & Resort, minutes from one of the world's top Top 100 golf courses — The Grand Lucayn's Reef Course — and a short drive from the bright lights and white sand beaches of Freeport/Lucaya, these three apartment communities in The Bahamas Reef Yacht and Country Club Complexes are ripe with opportunity. Ideal to transform into a condominium development for enjoyment while your yacht awaits at the marina beyond or to update and keep as a rental property for local residents.
As the Bahamas fourth largest island, a tax haven flourishing in tourism, banking and building construction, The Sea Breeze and Le Chateau Apartments are primed to offer endless opportunities for a visionary investor.
This property will be sold as one lot on February 18, 2016 unreserved public auction in Orlando, Florida. The property will be sold to the highest bidder on auction day, regardless of price.
Property Features include:
- Three, multi-unit apartment complexes
- 35 total units and neighboring buildable lot
- 1.37± total acres with 475± ft of waterfront/dockage
- Private swimming pool & bar
- Neighbors the Ocean Reef Yacht Club & Resort
- Minutes from town center and airport
- Ideal rental scenario