BERMUDA CLOSE
Available on request
8 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Discover an exceptional vacant waterfront lot for sale in the highly desirable Colony Bay, located on Bermuda Drive. Perfectly positioned near the Casuarina Bridge, this property offers direct access to the Grand Lucayan Waterway, making it an ideal site for a landmark development. Spanning approximately 0.98 acres (42,927 sq ft) with an impressive 237 feet of water frontage, the lot is zoned for multifamily high-rise, presenting outstanding potential for residential or mixed-use development. The generous size and prime waterfront location provide flexibility for a variety of design possibilities while capturing stunning water views. With its strategic location, development-ready zoning, and direct water access, this property represents a rare opportunity to invest in one of the area’s most promising waterfront corridors. Ideal for developers seeking a premier site in a growing and well-connected location.
Last confirmed
- Type
- Land
- Land
- 462,062 ft²
- Zoning
- multifamily high-rise
- Topography
- waterfront
- Road frontage
- 237 m
- Permitted uses
- Residential, Mixed use
What this listing includes
- Beachfront
- Water storage
- Ocean view
What people say about Bahamas
Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.
- Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
- Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
- Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
- Concern Vacant land owned by foreigners carries a notably heavier tax until built on
The asking price is not what it costs.
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