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OCEAN TERRACES OCEAN TERRACES

CondoOCEAN TERRACES OCEAN TERRACES
+11

OCEAN TERRACES

  • 31 beds
  • 31 baths
  • 30000 sq ft
$16,000,000
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Basics

  • Date added: Added 2 days ago
  • Category:
  • Bedrooms: 31
  • Bathrooms: 31
  • Half baths: 13
  • Area: 30000 sq ft
  • Lot size: 230432 sq ft
  • Year built: 2008
  • Currency: BSD
  • Island: New Providence/Paradise Island
  • Lot: -
  • Sale or Rent: For Sale Only
  • Date Listed: 2025-08-25T00:00:00
  • MLS ID: 63751

Description

  • Description:

    Set on a 5.29-acre elevated property overlooking the beach and ocean along West Bay Street, The Ocean Terraces present a one-of-a-kind opportunity to acquire a turnkey, 16-unit condominium building. The property is fully furnished with move-in-ready residences and includes ample land for at least two additional similar buildings on the hilltop above the existing structure. The current building is configured as follows: there are four penthouses—two with two bedrooms and two with three bedrooms. All penthouses feature soaring 14-foot ceilings and top-of-the-line appliances, including wine coolers. The three-bedroom units offer spacious master bathrooms with standalone bathtubs and bidets. In addition, there are ten two-bedroom, two-bathroom units, each equipped with Viking appliances and wine coolers, as well as two one-bedroom units with a den. Every residence boasts large ocean-facing terraces and in-unit laundry facilities. All ocean facing french doors have fully automated roll down shutters. The Ocean Terraces offer excellent potential for multiple income streams.

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Location

Building Details

Amenities & Features

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Miscellaneous

  • Legal Description: Ocean Terraces, 5.29 acres, West Bay Street, Nassau
  • Site Influences: Family Oriented,Highway Access,Hillside,View - Ocean,Shopping Nearby,Recreation Nearby,Quiet Area,Landscaped,Acreage,Road - Paved,Pets Allowed,Can Be Rented,Gated Community
  • Monthly Assessment: 0

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