This Grand Bahama canal front property is located in the popular and quickly growing area of Derby, which is a subdivision off of the Grand Lucaya Waterway. Derby offers an affordable option for those seeking Grand Bahama real estate on the water. This canal front lot is zoned multi-family and is perfect for the construction of a duplex, triplex or even a four-plex apartment building. The property measures 16,986 sq ft and features 87 feet of prime waterfront. This lot is just minutes away from Port Lucaya Marketplace and Marina, and Our Lucaya resort.