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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 property's 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.

Property Details of Dragon Fly Drive South Oc Lot 14, Unit Block 8

Property Details

Exterior Features

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Listing Courtesy of The Bahamas MLS

The data relating to real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.

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