Basics
- Date added: Added 1 week ago
- Category: Condo
- Bedrooms: 31
- Bathrooms: 31
- Half baths: 13
- Area: 30000 sq ft
- Lot size: 230432 sq ft
- Year built: 2008
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: -
- Sale or Rent: For Sale Only
- Date Listed: 2025-08-25T00:00:00
- MLS ID: 63751
Description
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Description:
Set on a 5.29-acre elevated property overlooking the beach and ocean along West Bay Street, The Ocean Terraces present a one-of-a-kind opportunity to acquire a turnkey, 16-unit condominium building. The property is fully furnished with move-in-ready residences and includes ample land for at least two additional similar buildings on the hilltop above the existing structure. The current building is configured as follows: there are four penthousesâtwo with two bedrooms and two with three bedrooms. All penthouses feature soaring 14-foot ceilings and top-of-the-line appliances, including wine coolers. The three-bedroom units offer spacious master bathrooms with standalone bathtubs and bidets. In addition, there are ten two-bedroom, two-bathroom units, each equipped with Viking appliances and wine coolers, as well as two one-bedroom units with a den. Every residence boasts large ocean-facing terraces and in-unit laundry facilities. All ocean facing french doors have fully automated roll down shutters. The Ocean Terraces offer excellent potential for multiple income streams.
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Location
Building Details
- Foundation: Yes
- Construction: Concrete Block
- Exterior material: Finished Concrete
- Roof: Bermuda
- Parking: Open
Amenities & Features
- Laundry: In Unit
- Sewer: Septic - Yes
- Style: Apartment
- Air conditioning (Condo): Central
- Water: City
- Outdoor Area (Condo): Patio,Pool
- Amenities:
Miscellaneous
- Legal Description: Ocean Terraces, 5.29 acres, West Bay Street, Nassau
- Site Influences: Family Oriented,Highway Access,Hillside,View - Ocean,Shopping Nearby,Recreation Nearby,Quiet Area,Landscaped,Acreage,Road - Paved,Pets Allowed,Can Be Rented,Gated Community
- Monthly Assessment: 0
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This property is shown courtesy of The Bahamas MLS.
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