Price$5,250,000
StatusActive
Bedrooms5
Total Baths3
SqFt
1,853,042
Acres
42.540
CountyOther
Year Built1961
Property TypeResidential
Property Sub TypeSingle Family Home
This is an extraordinary development opportunity to acquire 42 acres and 1,600 feet of beachfront on the leeward side for a tranquil experience year-round. Situated in South Palmetto Point, tucked away in a serene setting with captivating views of the beach, ocean, and pineapple cays in the distance from every angle while walking along the calm, shallow shores - this is a must-see. Located a little over 10 minutes from Governor's Harbour and 25 minutes from the Governor's Harbour airport, it is conveniently located for any investment. Whether you're interested in creating a boutique resort, building multiple beachfront homes for sale or rent for vacation rental, or simply expanding a private family compound, this is appealing on many levels. A solidly built home on the property is being offered for vacation rental, it consists of 5 bedrooms/3.5 bathrooms and an open floor plan with views of the beach. It comes turnkey with a laundry room, tiled throughout, central AC, ample storage, wood cabinets, stainless steel appliances, and patio access from two bedrooms and the living room.