Description: Here is a cut, polished emerald which needs the perfect setting to complete the piece. Palmetto Beach Resort is a turnkey operation ready to open its doors and realize its full potential. It has transferable Hotel Encouragement Act entitlements with a total of 7 bedrooms, 10 bathrooms, beach-side pool, 4 kitchens and endless possibilities. A minimal additional investment could increase the beds to 20 then add in a restaurant to round out the business model. Located in the pristine area of Turtle Rocks in Central Abaco. Conveniently located just 10 minutes away from Treasure Cay and its world renowned beach, airport, medical services and sundries. Tap into the existing Marsh Harbour or Treasure Cay tourism markets or create your own. The setting is perfect and the views exquisite, all on a private secluded beachfront compound. Short ride to Marsh Harbour or Baker's Bay on Great Guana Cay. Each villa is either newly built or extensively remodeled to the luxurious standards. The 3.7 acre property anchors 205' of white, powder sand beach, 4 beautifully furnished villas.

MLS Number: 22965
Date Listed: 2015-03-25
Status: Active