Caribbean MLSReal Estate

CENTERLINE RD, ELBOW CAY

Available on request

The brief

The reason to consider it.

Situated in the heart of White Sound on Elbow Cay, this is a rare chance to own nearly half an acre in one of Abaco’s most desirable communities. Totaling 18,585 sq. ft., with Lot 18B measuring 8,534 sq. ft. (85 ft. along Center Line Road) and Lot 17B measuring 10,051 sq. ft and the added feature of its own 10ft road reservation from the northern boundary. With open zoning, the property provides unmatched flexibility for commercial, multi-family, or single-family development—meeting the growing demand for services, accommodations, and amenities in the Hope Town area. Surrounded by island conveniences, the lots are within walking distance of four popular restaurants, a coffee shop and bakery, and a laundromat, making them perfectly positioned for a retail storefront, café, essential services operations, or other venture. Just around the corner, the Atlantic Ocean offers some of the best beaches and surf in the world, adding to the appeal for future customers or guests. This is a strategic investment opportunity in one of the Bahamas most vibrant and picturesque island destinations.

Last confirmed

Type
Villa
Land
18,589 ft²
Interior
Available on request
Year built
Available on request

What this listing includes

  • Gated community
  • Parking

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