Discover an exceptional investment opportunity in the exclusive Caravelle Bay Subdivision, ideally positioned on Debden Close. This expansive 37,096 sq. ft. lot boasts an impressive 237 feet of canal frontage directly on the Grand Lucayan Waterway, offering breathtaking views and endless potential for luxury waterfront living or development. With 123 feet of street frontage and zoning for Multifamily High-Rise, this property is perfectly suited for an upscale condominium, townhouse complex, or private residential estate. The serene canal access provides convenient boating to the ocean while maintaining a peaceful neighborhood atmosphere. Whether you’re an investor seeking a high-potential development site or an individual envisioning an elegant canal-front retreat, this property offers space, location & versatility Key Features: · Prime location in Caravelle Bay Subdivision · 237 ft. of water frontage on the Grand Lucayan Waterway · 123 ft. street frontage on Debden Closen · Total area: 37,096 sq. ft. . Zoned for Multifamily High-Rise Development