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$8,900,000
Street Name: SUMMIT POINT TRACT
Area: Other Abaco
Island: Abaco
Listed Price: $8,900,000
Currency: USD
Property Type: Lots/Acreage
Sale or Rent: For Sale Only
Construction: None
Total Finished Floor Area: 0
Style: Other
Total Floor SQ FT: 12109680
Water: City
Lot: 0
Lot Size: 12109680
Amenities: None
Air Conditioning: None
Exterior Finish: None
Description: Summit Point is located six miles north of Marsh Harbour and 12 miles south of Treasure Cay. This one-of-a-kind 277-acre tract is situated on one of the highest points in Abaco with elevations reaching 120 feet. It also occupies one of the narrowest points of the island, with spectacular 360-degree views.The property's extensive beach frontage includes 4,000 feet on the Sea of Abaco, plus 2,000 feet of shoreline on Bustick Bight Bay. Summit Point has been master-planned as a mixed-use residential and commercial development, including a boutique hotel and marina.The depth of water along the coastline and large amount of yachting traffic that frequents the area provides viable potential for a marina component and a cost analysis has been performed.Utilities (cable, electricity and water) are available at the property along the Great Abaco Highway, which runs through to the property.Summit Point is strategically located between the two major hubs of Abaco and as they grow This location is sure to increase in value with the opportunity to serve both markets.
Site Influences: View - Ocean, Beach Front
MLS Number: 41711
Date Listed: 2020-08-17
Status: Active
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