Multi Family- 2 Houses For Sale in Cape Santa Maria Beach, Long Island, Bahamas
Incredible Opportunity At A Top Beach In The Bahamas
Asking Price: $232,000 USD (Negotiable)
Excellent waterfront rental property steps away from one of the best beaches in the Caribbean. This property has 2 houses which are set up perfectly for rentals. The main house is two stories and has beautiful water views. Upstairs is a 20x20' studio with full bath, kitchen and roughly 1000sf of decking. Down stairs has the same footprint and is currently used for storage but could be used as a bedroom and rental unit. The guest house is an authentic island stone cottage known as the Grotto House and was built in the 1940's or 50's. Downstairs is a studio with full bathroom and kitchen. Upstairs is a storage room but can be used as a bedroom. Over $100,000 has been invested in restoring this property over the past 3 years and the main house has rented for as much as $200 a night and the guest house $150 a night in season. The property was recently featured on the hit show Bahamas Life on HGTV. There is plenty of room to build more units as the total land amount is 33,874sf. You will not find a better deal in such a prestigious area of the Bahamas which consists of million dollar homes. Over $300,000 invested! Priced well under market value.