Ocean- view project under distress, owners cannot complete and it is now offered for sale as one bulk sale.

Comprising of: 5 houses of 3500sqft each unit with 3-4 beds, 3.5 baths and a separate guest studio. All units have good ocean views and access to beach across the road and feature double garages and separate storage. The development is gated for security and has some landscaping in place. 19,424sqft of vacant land for further construction at rear of property. Vacant land currently worth $325,000 zoned for multi build.

House 1 in the picture is completed and ready for sale market price is valued at $975,000 in present condition without the other houses being finished. Once homes are all finished the market value for each one will be approximately $1.250.000

View from downstairs lounge over the Jacuzzi and patio area. Garden is landscaped.

View from top floor balcony overlooking the patio and showing entrance to the top of the picture to the separate studio which features 1 room with kitchenette and bathroom perfect for guests or maid quarters.
Entrance to villa is through Solid wooden Doors that open into the courtyard which gives access to the patio area with Jacuzzi and studio and into the kitchen, lounge area of the house. Entrance features rustic terra cotta tiles and wooden ceilings.

Full fitted kitchen with solid wooden doors and granite worktops, to the side of the kitchen is the lounge area with sea views from the windows and French doors opening onto the patio area. Staircase up to upper level.

Master Bedroom suite with large balcony with wide sea views and overlooking patio area. Master bathroom with double bath overlooking the sea. Finished in white with rustic marble and tiles.House 3 is almost completed, needs interior finishes and windows,doors and garage doors. Each home has seaviews from top floor balcony and lounge area.

House 4 is the same.

House 5 is the same.


Further land to the rear of the property which is suitable for 6 town homes or 12 apartments with a community swimming pool land size is 19,424sqft

Investment breakdown

5 x 3-4bed 3.5 bath, 3500sqft homes with sea views finished value = $6,250.000 @ $1,250.00 each

8 townhomes 2 bed 2 bath - $400.000 each total = $3,200.000

Total income = $USD 9,450,000

To complete project estimated USD$1,800.000

$900,000 to finish 3 homes

8 townhomes to construct $1,050.000

Community pool - $100,000

Outlay is $2,050.000 to finish construction

Purchase price is $3,800.000

Estimated profit $3,600.000

Located in the west side of New Providence in the well known area of Love Beach, 10 mins from Nassau
International Airport and 20 mins from downtown Nassau.

For any additional information, contact: Emily Elizee, emily@caribpro.com