This expansive waterfront point property in Cannon Bay presents an exceptional investment opportunity, situated on Shell Place just off the Grand Lucayan Waterway. Comprising four premier multi-family lots, this rare package spans over three acres and boasts an impressive 1,000 feet of continuous deep-water canal frontage. The property features high-rise zoning, making it an ideal canvas for a luxury condominium complex, a private townhome community, or a boutique resort. While the seller is offering a distinct package discount for the entire four-lot tract, they are also open to dividing the parcels to accommodate individual buyers looking for a single estate lot with generous deep-water dockage.
The strategic location of this property offers unparalleled convenience both by land and by sea. Situated just minutes from the Grand Bahama Highway, residents enjoy a straight, single-road drive directly to the airport and the downtown area, bringing essential amenities and travel hubs within a short, seamless commute. For boating enthusiasts, the positioning is genuinely unmatched. The property sits immediately off the Grand Lucayan Waterway, a major deep-water channel that spans the entire island from north to south. This unique geography grants boaters effortless marine access to either side of the island, providing a level of navigational convenience that is highly coveted in the region.
With over 1,000 feet of deep-water frontage, this property easily accommodates multiple large vessels, yachts, or a private marina configuration, adding immense value to any future development. The complete four-lot package is competitively priced at $665,000, representing one of the most versatile and valuable multi-family waterfront offerings currently available on Grand Bahama. Contact Ryan Cartwright today at (242) 813-8433 to discuss individual lot pricing or to secure the complete parcel package.