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43 Acre Beachfront Estate for Sale, South Palmetto Point, Eleuthera, Bahamas

Eleuthera & Harbour Island, Bahamas

Property ID: 34243

43 acre beachfront estate for sale in The Bahamas with beach house and sub dividable building lots in South Palmetto Point, Eleuthera.

South Palmetto Point, Eleuthera, Bahamas – Beachfront Estate for Sale

This represents a rare opportunity to acquire a beachfront residence on the tranquil western shore of Eleuthera in The Bahamas with 43 acres of land along 1600 feet of beach frontage on a private cove ready to subdivide into building lots.

South Palmetto Point, Eleuthera

The estate is located right on the beach in South Palmetto Point and enjoys panoramic views of azure waters and the picturesque Pineapple Cays.

The Existing Beach Residence

The estate features an existing residence right on the beach.

The main residence offers 2,200 square feet of living space with an open living and dining area offering spectacular views, a modern kitchen and 5 bedrooms and 3.5 bathrooms.

A large balcony provides space to dine outside while enjoying the stunning views.

The kitchen includes granite countertops, stainless steel appliances and a breakfast bar.

Both the master bedroom and the main guest bedroom enjoy direct access to the patios and sundeck.

43 Acres of Building Lots

The estate also comes with plans and approval to sub-divide the beachfront land into multiple building lots which offers superb development potential for investors.

Estates for sale in Eleuthera with such potential are very rare.

Great Rental Track Record

Thanks to its idyllic location and breathtaking views, the estate also comes with a great vacation rental history with many repeat visits by clients.

A guide to Bahamas

  • Average asking price $6,348,222
  • % + or - average property price +64%
  • Property price range $205,000 - $40,000,000

Reasons to invest in Bahamas

  • 700 jaw-droppingly beautiful beach-fringed islands dotted in the sparkling turquoise Atlantic Ocean.
  • Highly attractive tax incentives, such as freedom from income tax, VAT, inheritance tax and capital gains tax.
  • Sophisticated, stable real estate market with a wide variety of waterfront homes available from affordable to ultra-luxury with the option of applying for permanent residency.