One Paradise Island offers the rare opportunity for a developer to acquire one of the last remaining parcels of vacant land on world-renowned Paradise Island. Located within walking distance of Atlantis and within steps of The One & Only, a Four Seasons Resort, this one-acre north-facing parcel located on this resort-style island is zoned multi-family and has potential for development of townhouses, villas or condominium units, or a sizeable private family estate, with additional space on-site for incorporating amenities such as a swimming pool or tennis court. With 200 feet of direct frontage on Paradise Island Drive, once developed, One Paradise Island will offer convenient ingress and egress with enough space for a buffer to be included so homes or an estate can be set back from the road for privacy. Known for its premier resorts, high-end shopping, fine dining, and ultra-luxury gated communities like Ocean Club Estates, Paradise Island is a high barriers-to-entry community that leaves very little opportunity for competitive development.
One Paradise Island is currently only one of a few vacant parcels that exist on the island, one of which abuts One Paradise Island on the south end and is also available for purchase. If combined, these two parcels would equal close to two acres of developable land. Current rental rates for high-end villas on Paradise Island range from $5,500 to $7,500.
A site plan and renderings for this property are available upon request.
Additional Listing Type
1 Paradise Island Drive, Paradise Island, Nassau And Paradise Island Bahamas is a Land for Sale for $3,200,000. Was built in , has on a lot of 1 Acres and it's composed from Bedrooms, full baths
Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Lyford Cay Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.
The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Wish Sotheby's International Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.