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$2,250,000
Street Name: PALMETTO BEACH
Area: Turtle Rocks
Island: Abaco
Listed Price: $2,250,000
Currency: USD
Property Type: Single Family Home
Sale or Rent: For Sale Only
Bedroom: 7
Full Bath: 9
Construction: Frame
Total Finished Floor Area: 7681
Style: Bahamian Style
Total Floor SQ FT: 8966
Water: Drilled Well
Lot Size: 161608
Amenities: Additional Accom., Garden Area, Wkshop - Detached, Swimming Pool, Kitchen Built-in(s), Hot Tub, Bed & Breakfast, Impact Shutters, Cable, Stand-by Generator, Guest House, Furnished
Legal Description: 4 parcels of land at Turtle Rocks Subdivision comprising 1.2 Acres, 1.16 acres, 0.89 Acres and 20,000 square feet
Year Built: 2012
Air Conditioning: Central
Outdoor Area: Private Yard, Gazebo, Covered
Shared Amenities: Pool Outdoor, Workshop, Hot Tub, Storage Unit, Beach
Exterior Finish: Wood, Hardi Plank
Road: Other
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 new build or extensively remodeled to the luxurious standards. The 3.7 acre property anchors 205' of white, powder sand beach, 4 beautifully furnished villas.
Site Influences: Quiet Area, Beach Front
MLS Number: 22897
Date Listed: 2015-03-25
Status: Active
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