Located in the heart of Port Lucaya Tourist area only 74 Nautical Miles from Florida is Point Yacht Club. Point Yacht Club is in walking distance to Grand Lucayan Hotel and Port Lucaya Marketplace. The property is zoned Tourist Commercial and sits on a 4 acre penninsula with 50 dock slips, a 6,000 square foot main house, tennis court and 1,200 square foot guest quarters. Each slip can accommodate a 50 foot boat. This is a unique opportunity to build a condo hotel or rental units on this prime property. Point Yacht Club entrance is Bell Channel which has deep water for large yachts. The owner of Point Yacht Club has obtained permission to build an income producing boat storage on the property and the materials are on the island. The property is Exclusively Listed by James Sarles Realty for $4.5M.