OCEAN DRIVE
Available on request
8 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
FOR SALE!!!! Prime corner lot on Ocean Drive in Rainbow Bay, 11,250 sq. ft. of desirable northern orientation and stunning Atlantic Ocean views. This 75 ft x 150 ft homesite captures cooling sea breezes and natural light, creating the perfect setting for a full-time residence, vacation getaway, or income-producing rental. Ideally, just minutes from Governor’s Harbour International Airport, as well as nearby grocery stores, restaurants, and everyday conveniences, the location offers both accessibility and tranquility. Rainbow Bay is known for its laid-back charm, vibrant community, and easy access to multiple pristine beaches, all within a short drive. Whether you’re building now or holding for future investment, this well-positioned corner parcel offers strong value, flexibility in design, and an opportunity to own in one of Eleuthera’s most desirable coastal communities.
Last confirmed
- Type
- Land
- Land
- 11,248 ft²
- Zoning
- residential
What this listing includes
- 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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