Property in Russell Island, Bahamas - Russell Island Real Estate


Beachfront Investment Opportunity Russell Island   Bedrooms: 6   Bathrooms: 5

Single Family Home

$2,500,000

Description of this Single Family Home Property in Russell Island

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.

Bahama Property Highlights

Floors: 2
Year Built: 1992
Construction: Concrete
Square Feet: 3,005 sq. ft.
Lot Size: 44,758 sq. ft.
Community: Russell Island
Area: Russell Island

Features of This Bahamas Property

Beach Access
Beach Front
Generator
Guest House
Ocean Front
Ocean View
Vacation Rentals Allowed
 

Summary of this Bedrooms: 6   Bathrooms: 5 Property on Russell Island, Bahamas

MLS Listing Number: 48993
Property Type: Single Family Home
6260