Beachfront Investment Opportunity Russell Island
Russell Island, SW, Bahamas
$2,500,000
Active

Beachfront Investment Opportunity Russell Island Russell Island, SW Bahamas

Property Features

  • 6 Beds
  • 5 Full Baths
  • MLS # 48993
  • Year Built: 1992

Property Description

Russell Island Real Estate

Introducing an incredible investment opportunity on Russell Island, Eleuthera. Comprising two homes, Water's Edge and Royal View, this 44,758 sq.ft. property is located at the western end of Russell Island, boasting 217 ft. of water frontage and a private beach. Yielding a solid rental history with an average of 80-90% annual occupancy, this property is ideal as an investment, or as a family vacation estate. The property's prime spot, "Water's Edge", sits directly on the waterfront with breathtaking views from all rooms. Its open floor plan consists of a kitchen and living area, 2 bedrooms, 2 bathrooms and a 384 sq. ft. deck hovering over the water. There's truly no better place to relax and unwind. The largest home, "Royal View", offers 3 bedrooms and 2 bathrooms. You will experience the most stunning "royal" views from this home's expansive outdoor deck, which offers an ideal spot for star gazing in the evening while dining al fresco. Royal view's interior is an open concept with a spacious kitchen and living area. Also included on the property is a 2-car garage, which is currently being converted to an efficiency style apartment "The Crab Shack". This will offer another vacation rental opportunity, or space for guests.

Property Highlights

  • Lot Dimension: 44,758 sq. ft.

Location

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The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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