Silver Palm St Residence
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Tourist commercial zoning, newly dredged inlet, seawall in good condition and central location close to the island’s best amenities are just a few highlights this land has to offer. It has the best of both worlds- one can dock a sizable vessel and yet walk to the beach in 10 min or less. Two next door lots are available which could make for anything from a sizable estate to rental cottages or gated community of waterfront homes or apartment complexes or Bed and Breakfast type accommodations with a restaurant within the development- the income producing opportunities are endless! To top it all off, there is no property tax and land service fee which normally minimal is also prepaid until 2065. Don’t miss this opportunity! Adjacent property is available as well.
Last confirmed
- Type
- Land
- Land
- 16,996 ft²
- Zoning
- tourist commercial
- Topography
- waterfront
- Permitted uses
- Tourism, Commercial, Residential
What this listing includes
- Dock or mooring
- Beach access
- Parking
- Restaurant or bar
- On-site security
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.
More listings on the same island. Availability is confirmed when you enquire.
