Presenting a truly prime real estate opportunity with this exceptional 2.86-acre multi-family high-rise lot, offering incredible value for a large-scale development project. Strategically located at the corner of Midshipman Road and Balao Road, this expansive property is perfectly suited for constructing a mega apartment complex. The high-rise zoning designation maximizes your potential return, providing an ideal foundation for a highly profitable residential asset in a desirable area of Freeport.
The location is unparalleled for future tenants, placing them in the center of convenience and leisure. It is less than a five-minute drive—or an easy walk/bike ride—to all the action at Port Lucaya Marketplace where residents can enjoy diverse dining, shopping, and entertainment. Essential amenities are also minutes away, including a large grocery store and a nearby golf course. Public transportation and convenience stores are easily accessible, enhancing the property’s overall market appeal.
Residents will enjoy immediate access to Grand Bahama’s most beautiful coastline. The property is less than five minutes from the pristine shores of Coral Beach and Taino Beach, perfect for sun, sand, and relaxation. This combination of size, favorable multi-family high-rise zoning, proximity to major entertainment hubs, and easy access to world-class beaches makes this an incredible development opportunity that should not be missed.
Contact Ryan Cartwright at (242) 813-8433 today for more information and to seize this opportunity!