HOPE TOWN, LUCKY STAR, Elbow Cay/Hope Town, Abaco

  • $2,500,000
Abaco, Bahamas
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
For Sale

HOPE TOWN, LUCKY STAR, Elbow Cay/Hope Town, Abaco

Abaco, Bahamas
  • $2,500,000
  • Property ID: M60039
  • Price: $2,500,000
  • Land Area: 5750 Sq. Ft.
  • Bedrooms: 3
  • Bathrooms: 3
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Subdivision Elbow Cay/Hope Town

Description

Situated on a double lot in the heart of Hope Town’s Historic Settlement, this commercial/residential building is a rare opportunity with three rental income opportunities. “Moonlight” penthouse is a two-bedroom, two-bath, second-story flat that commands $2,500+ a week in income. It offers views of both the harbor and the Atlantic Ocean. Downstairs, “Nooky-Nook,” an open floorplan studio commanding $1000/week, features a deck overlooking Lovers’ Lane (steps away from Vernon’s grocery, beach access, and the Lower Public Dock). The west-facing commercial space along Front Street is a prime location in the Hope Town Settlement and is currently leased as office/retail space. In addition, it has a restroom, a large entertaining deck, and a 120 sq. ft. ramp, useful for deliveries, strollers, and wheelchairs. A generous utility room services the rental units and functions as the owner’s storage area. A standby 20kw Perkins generator powers the entire building, and approximately 6000 gallons of water storage are split into three separate areas.

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  • Subdivision Elbow Cay/Hope Town
  • Island Abaco

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Agent Bio
Courtesy of the Bahamas MLS

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Courtesy of the Bahamas MLS
  • Courtesy of the Bahamas MLS