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Palmetto Beach, Abaco, Bahamas – $2,250,000

  • 7 Beds
  • 9 Baths
  • 8,966 Sqft
  • 3.71 Acres
  • 7 Beds
  • 9 Baths
  • 8,966 Sqft
  • 3.71 Acres

Palmetto Beach

Here is a cut, polished emerald which needs the perfect setting to complete the piece. Palmetto Beach Resort is a turnkey operation ready to open its doors and realize its full potential. It has transferable Hotel Encouragement Act entitlements with a total of 7 bedrooms, 10 bathrooms, beach-side pool, 4 kitchens and endless possibilities. A minimal additional investment could increase the beds to 20 then add in a restaurant to round out the business model. Located in the pristine area of Turtle Rocks in Central Abaco. Conveniently located just 10 minutes away from Treasure Cay and its world renowned beach, airport, medical services and sundries. Tap into the existing Marsh Harbour or Treasure Cay tourism markets or create your own. The setting is perfect and the views exquisite, all on a private secluded beachfront compound. Short ride to Marsh Harbour or Baker's Bay on Great Guana Cay. Each villa is either new build or extensively remodeled to the luxurious standards. The 3.7 acre property anchors 205' of white, powder sand beach, 4 beautifully furnished villas.

Essential Information

  • MLS® #22897
  • Price$2,250,000
  • Bedrooms7
  • Bathrooms9.00
  • Square Footage8,966
  • Acres3.71
  • Year Built2012
  • TypeResidential
  • Sub-TypeSingle Family Home
  • StyleBahamian Style

Community Information

  • AddressPalmetto Beach
  • AreaTurtle Rocks
  • CityAbaco
  • CountryBahamas

Amenities

  • ParkingOpen
  • Has PoolYes

Amenities

Workshop, Hot Tub, Storage Unit, Beach, Pool Outdoor

Interior

  • CoolingCentral

Interior Features

Additional Accom., Swimming Pool, Kitchen Built-in(s), Hot Tub, Bed & Breakfast, Garden Area, Impact Shutters, Cable, Stand-by Generator, Guest House, Furnished, Wkshop - Detached

Exterior

  • ExteriorHardi Plank, Wood
  • Lot DescriptionQuiet Area, Beach Front
  • ConstructionFrame

Exterior Features

Private Yard, Gazebo, Covered Patio, Patio, Porch, Pool, Veranda, BBQ, Garden, Fruit Trees

Courtesy of the Bahamas MLS
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Price Change History for Palmetto Beach, Abaco, Bahamas (MLS® #22897)

Date Details Change
Price Reduced from $2,517,500 to $2,250,000 $267,500 (10.63%)
Price Reduced from $2,650,500 to $2,517,500 $133,000 (5.02%)
Price Reduced from $2,790,000 to $2,650,500 $139,500 (5.00%)
Price Reduced from $3,100,000 to $2,790,000 $310,000 (10.00%)

The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.