Property Details
Basic Information
- List Price: $1,800,000
- MLS Number: 65616
- Property Name: Margarita
- Floors In Building: 2
- Description: Located just steps from the pristine shores of Cable Beach, this estate property presents a rare opportunity for buyers seeking space, character, and upside in one of Nassau's most desirable areas. Set on an expansive nearly 25,000 sq. ft. lot, the property offers significant potential for restoration or multifamily redevelopment. The main residence features classic Bahamian architecture, generous room sizes, and large windows that allow for abundant natural light. While the home does require updating and care, it provides a solid canvas for a thoughtful renovation that can restore and elevate its original charm. Outdoors, mature tropical landscaping surrounds a beautiful yard and pool area, creating a private oasis ideal for relaxation or entertaining. Just a short walk from the sea, the property enjoys close proximity to the ocean for added relaxation and some coastal living. Adding further value, the estate includes four self-contained apartments, offering immediate income potential while plans for the main house are realized.
- Area: Cable Beach
- Currency: BSD
- Subdivision: Cable Beach
- Square Feet: 6,100
Property Type
- Property SubType: Single Family Home
Interior Features
Interior Features
- Flooring: Mixed
- Insulation (Ceiling): Unknown
- Insulation (Walls): Unknown
- Bedrooms: 7
- Bathrooms: 7
- Cooling: Split
- Laundry: In Unit
Exterior Features
Exterior Features
- Building Construction: Concrete Block
- Foundation: Yes
- Water: City
- Sewer: Septic - Yes
- Parking Type: Garage - Double, Additional Parking
- Exterior Features: Private Yard, Gazebo, Covered Patio, Porch, Pool, Garden, Fruit Trees
- Exterior Features: Private Yard, Gazebo, Covered Patio, Porch, Pool, Garden, Fruit Trees
- Site Influences: Central location, Easy Access, Private Setting, View - Ocean, Treed Lot, No Thru Road, Landscaped, Road - Paved, Phone to Lot, Level Lot, Can Be Rented
- Amenities: Garden Area, Main Level Entry, Fully Walled, Cable, Unfurnished, Short Term Allowed
- Shared Amenities: Beach
- Acreage: 0.57
- Area: Cable Beach
Utilities and Appliances
Utilities and Appliances
- Cooling: Split