Property Details
Basic Information
- List Price: $16,000,000
- MLS Number: 66379
- Property Name: OCEAN TERRACES
- Description: Set on a 5.29-acre elevated property overlooking the beach and ocean along West Bay Street, The Ocean Terraces present a one-of-a-kind opportunity to acquire a turnkey, 16-unit condominium building. The property is fully furnished with move-in-ready residences and includes ample land for at least two additional similar buildings on the hilltop above the existing structure. The current building is configured as follows: there are four penthouses-two with two bedrooms and two with three bedrooms. All penthouses feature soaring 14-foot ceilings and top-of-the-line appliances, including wine coolers. The three-bedroom units offer spacious master bathrooms with standalone bathtubs and bidets. In addition, there are ten two-bedroom, two-bathroom units, each equipped with Viking appliances and wine coolers, as well as two one-bedroom units with a den. Every residence boasts large ocean-facing terraces and in-unit laundry facilities. All ocean facing french doors have fully automated roll down shutters. The Ocean Terraces offer excellent potential for multiple income streams.
- Area: West Bay Street
- Currency: BSD
- Subdivision: West Bay Street
- Year Built: 2008
- Square Feet: 30,000
Property Type
- Property SubType: Condo
Interior Features
Interior Features
- Bedrooms: 31
- Bathrooms: 31
- Cooling: Central
- Laundry: In Unit
Exterior Features
Exterior Features
- Building Construction: Concrete Block
- Foundation: Yes
- Water: City
- Sewer: Septic - Yes
- Parking Type: Open
- Exterior Features: Patio, Pool
- Exterior Features: Patio, Pool
- Site Influences: Family Oriented, Highway Access, Hillside, View - Ocean, Shopping Nearby, Recreation Nearby, Quiet Area, Landscaped, Acreage, Road - Paved, Pets Allowed, Can Be Rented, Gated Community
- Amenities: Swimming Pool, Impact Windows, Roll Down Shutters, 24 Hour Security, Furnished, Partial Furnished, Short Term Allowed
- Acreage: 5.29
- Area: West Bay Street
Utilities and Appliances
Utilities and Appliances
- Cooling: Central