Positioned at the end of a quiet cul-de-sac in Derby, this exceptional waterfront homesite offers an opportunity to build your dream island retreat in a peaceful canal-front setting. Encompassing approximately 12,589 square feet, the property boasts about 176 feet of concrete seawall frontage, providing ample space for a private dock and convenient boating access to the Grand Lucayan Waterway system. The lot's unique wedge-shaped configuration maximizes water views and offers excellent design flexibility for a custom residence with outdoor living spaces, a pool, and entertaining areas. Surrounded by upscale waterfront homes and protected waterways, the property enjoys a tranquil atmosphere while remaining within easy reach of shopping, dining, beaches, and amenities. Whether you are seeking a permanent residence, vacation home, or investment property, this waterfront parcel presents an outstanding opportunity to secure a prime piece of Grand Bahama real estate and create the island lifestyle you've been dreaming of.