Caribbean MLSReal Estate

Vacant Land for sale - Lot 24, Canal-front

Available on request

The brief

The reason to consider it.

Discover the exceptional potential of Lot 42, a rare and expansive waterfront parcel offering approximately 18,000 sq. ft. of land and an impressive 218 linear feet of canal frontage.

Designated as a multifamily lot, this property presents an outstanding opportunity for investors, developers, or buyers looking to create a distinctive waterfront project. The generous lot size and substantial canal frontage provide excellent possibilities for multiple residences, a private waterfront retreat, vacation rentals, or an income-producing investment.

With ample space for outdoor living, entertaining, landscaping, and boating, this property offers the flexibility to bring your vision to life in a highly desirable waterfront setting.
A rare opportunity to secure a substantial canal-front property with multifamily potential. Bring your vision and create something truly special.

Last confirmed

Type
Land
Land
17,997 ft²
Zoning
multifamily
Topography
waterfront
Permitted uses
Single family, Multifamily

What this listing includes

  • Dock or mooring
  • Water storage

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