Title of Property: RBE Subdivision
Island: Grand Bahama/Freeport
Listed Price: $1,750,000
Property Type: Building and Land
Business Type: Residential
Business Type: Residential
Currency: BSD
Description: 804 lot developed Subdivision looking for new owner. This subdivision generates a income from the collection of yearly property service fees and the resale of foreclosed properties. The infrastructure in place includes paved roads, electricity, city water, telephone and cable internet lines. Upon serious considerations, more benefits of this community will be shared with the potential buyer, including the Builder's Investors License that will come along with the purchase. The Beachfront Park is zoned tourist commercial. It's flat, and just shy of an acre with 200ft along the beach. It sits on the edge of city boundary lines and next to a large timeshare hotel/resort. All Lots half an acre in size zoned for single family homes with approvals for a grocery store in the area and a bank to facilitate its own mortgages.
MLS Number: 41853
Date Modified: 11/23/2023
Listed by: Hideaways Real Estate