Properties Listing

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Coral Harbour Cay Coral Harbour
New Providence
Offered at: $12,200,000.00 For Sale
Listing#: 704 | Single-Family | Residential Lot
Description This 14 acre parcel forms a penninsula, is rectangular in shape and is bordered by water on three sides varying in depth from 8 to 12 feet.  The subject property has the advantage of being on a protected canal system only a short distance to the canal entrance and located adjacent to the Bahamas Defense Force with that added element of security.  Coral Harbour was originally developed in 1956 when an American developer built the Coral Harbour Club, a small resort club/hotel with adjoining marina which was later taken over by the Bahamas Defense Force.  Today Coral Harbour is about seventy percent developed in single family houses, apartment complexes, the Coral Harbour Beach Club with restaurant and bar, dive shops, a small shopping center and the Bahamas Defense Force station.  The proposed site when develop all the lots will be located on the canal; deep water ideal for boat or people who want to live on the canal.
Property Features
Mortgage Calculation
Offer Price: $12,200,000.00
*Government Stamp Tax @ 6%: $732,000.00
Legal Fees @ 2.5%: $305,000.00
Down Payment @ 10%: $1,220,000.00
Offer Price + Fees - Down Payment: $12,017,000.00 | Amortize
* The calculation shows the 12% Government Stamp Tax share between buyer and seller.
Contact Agent
Agent Photo

Osbourne  Stuart CRS, CRES, BRI, SVC

President/Broker
T: 242-323-7901
M: 242-423-8822
F: 242-328-2037

Message Agent / Osbourne's listings.
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