Property in Abaco, Bahamas - Lots/Acreage in Abaco
Lots/Acreage in Other Abaco Bedrooms: 0 Bathrooms: 0
Single Family Vacant
Description of this Single Family Vacant Property in Abaco
Red Bay is a 105-acre property, a prime opportunity for commercial or residential development, located just 8 miles north of Marsh Harbour, the capital of Abaco, and less than half a mile from the Abaco Highway along a newly paved asphalt road, leading to a developed marina site that borders the property for 2500 feet along its eastern border. The acreage's 40-foot elevations offer tranquil views of the Sea of Abaco, and the property also includes easement access to a fine beach at the nearby Red Bays coastline. The adjacent, recently developed, Ferry Terminal and Marina at Red Bay, creates endless possibilities. With almost direct line access to Guana Cay, Treasure Cay and Green Turtle Cay, it will become a ‘hub’ and stop off point. This cuts commute times for the Northern Islands & Cays in half, opening up a brand new frontier. Unprecedented opportunity at recently reduced price of 1.25M. Currently, Abaco is considered a Special Economic Recovery Zone, and several items are able to be brought into the country duty free, including: building materials, hardware supplies, and more.
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