0.94 acres of land for sale in The Bahamas with beachfront and docking located at Pelican Pointe, Marsh Harbour, Abaco.
Land for Sale in Abaco, Bahamas
Searching for land for sale in The Bahamas ideal for development?
This is a fabulous opportunity to purchase one of the best investment opportunities currently available in The Bahamas.
Located at Pelican Pointe, Marsh Harbour in the Abaco Islands, this is a redevelopment opportunity with tremendous ROI generating potential as a boutique resort, multi-family compound of a luxury estate.
The former Pelican Beach Villas was a cornerstone of the Marsh Harbour tourism community with excellent occupancy rate and many repeat guests.
The prized parcel of waterfront real estate measures roughly 41,000 square feet with an expansive 393 feet on the Sea of Abaco and 335 feet of frontage on the “Duck Pond” harbour.
The private seafront offers 2 beautiful little beach coves with a small peninsula of rock in the middle and wonderful views across the sea to Man O War Cay, Scotland Cay and Great Guana Cay.
The “Duck Pond” harbour has a controlling depth of 3 feet but offers exceptional sheltered boat docking which has a very strategic location.
Ideal Location for Fishing, Boating or Beach Combing
Within minutes of casting off from the dock, you could be ocean pelagic fishing or setting up a beach umbrella on a secluded pristine beach cove or stop for lunch at one of Abaco’s haute cuisine spots.
Baker’s Bay or the Elbow Cay Lighthouse are both easy 15 minute runs by power boat from this prime location.
Development Opportunity with Beachfront & Docking
The parcel still contains the concrete floor slabs and infrastructure for 6 vacation villas on the beach.
The Pelican Beach Villas property currently has a building permit in hand to rebuild 6- two bedroom rental cottages and office building.
The building plans and permit can easily be transferred to the new owner to enable a quick start on the project.
The former beach villas each offered a spacious bedroom, en suite bathroom and elegant kitchenette all overlooking the iridescent waters and private beach.
Occupancy rates were high and the overhead was very reasonable.
Rebuilding the villas will likely have to be done on pilings to elevate and prevent future storm damage.
The property is zoned for resort commercial use and has an existing hotel license which can be maintained by the new owner.
There are however options to convert the valuable land into a multi-family development project or create a truly spectacular single family estate with beachfront on one side and a boat dock on the other.
The opportunity to have both beachfront and docking at the same property is extremely rare to find anywhere in the Bahamas much less with a prime location of easy proximity of the services and amenities of Marsh Harbour.
This is a chance to recreate the excellent income stream of the past or to create something new and even more exiting.
The town of Marsh Harbour is currently being restored and will surpass its old reputation.
Marsh Harbour is the center of commerce and governance for all of Abaco with some of the best infrastructure and amenities available anywhere in the Bahamas outside of New Providence.
The airport is soon to have the direct flights from Charlotte and Atlanta restarted which will be a welcome addition to the current direct daily routes to Nassau, MIA, FLL and WPB.
The entire electricity grid is brand new, the water system has been extensively overhauled and upgraded, there a myriad of new businesses popping up to create what will very soon become the #1 destination in the Bahamas aside from the Big City Nassau.
Buying Property in Bahamas
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