Caribbean MLSReal Estate

Captain Garnett Plaza Commercial Building - MLS 61334

Available on request

The brief

The reason to consider it.

This site consists of a 2-level, 5,676-square-foot building with 6 commercial rental suites, situated on 9,458 square feet of land. Each rental suite offers approximately 950 square feet of enclosed leasable area. The original hipped roof with asphalt shingle covering was completely destroyed by Hurricane Dorian.

Last confirmed

Year built
1995
Type
Commercial
Land
9,461 ft²
Use
Mixed use
Lettable area
5,780 ft²

What this listing includes

  • Parking
  • Air conditioning
  • Kitchen
  • Laundry

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

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law