4-7. 15-20 Continental Park, Grand Bahama/Freeport, Bahamas

$465,000

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6

Beds

4

Baths

3,300

Square feet

1.93

Acres

About 4-7. 15-20 Continental Park

Investment & Development Opportunity. Rare opportunity to acquire an established residential development in the desirable Bahama Terrace area of Freeport for under $500,000. This package includes two completed income-producing homes and eight single-family residential lots within the private park of Continental Park. Continental Park is a small neighborhood centered around a lush one-acre residents’ only private park with a swimming pool, creating a peaceful setting for homeowners. The community consists of 22 homesites, with 9 homes already built, providing a solid foundation for a developer or investor to complete and revitalize the remaining lots. The two existing homes are currently rented, offering immediate income while further development is planned. HOA fees for the homes are $233 per month, covering lawn care, pool upkeep, and insurance, while the vacant lots carry only a minimal HOA fee, $20/month. Conveniently located near grocery stores, marinas, restaurants, downtown Freeport, and Port Lucaya, this offering presents a compelling opportunity for any developer.

Features of 4-7. 15-20 Continental Park

MLS® # 66251
Price $465,000
Bedrooms 6
Bathrooms 4.00
Square Footage 3,300
Acres 1.93
Type Residential
Sub-Type Single Family Home
Style Other

Community Information

Address 4-7. 15-20 Continental Park
Area Bahama Terrace
City Grand Bahama/Freeport
State Bahamas

Amenities

Amenities Pool Outdoor
Parking Open
Is Waterfront No
Has Pool Yes

Interior

Interior Features Garden Area, Swimming Pool, Main Level Entry
Cooling Central
Has Basement No

Exterior

Exterior Finished Concrete
Exterior Features Covered Patio, Pool
Lot Description Central location, Family Oriented, Shopping Nearby, Quiet Area, Marina Nearby, Pets Allowed, Can Be Rented
Roof Asphalt Shingle
Construction Concrete Block
Foundation Yes

Listing Map

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