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B$3,195,000
Welcome to One Paradise Island Drive, a truly exceptional property nestled within the renowned Paradise Island. This expansive one-acre, north-facing corner lot stands as one of the last vacant parcels on the island, presenting a remarkable opportunity for developers. Boasting a prime location at the heart of this resort-style island, the property holds multi-family zoning, opening the door to a diverse range of development possibilities including townhouses, villas, condo units, or even a sprawling private family estate.
The allure is further heightened by the scarcity of short-term rental opportunities and the thriving market demand, suggesting the potential for a highly successful rental unit project. With a substantial 200 feet of direct frontage along Paradise Island Drive, the property offers both accessibility and the potential for a buffer zone to ensure privacy.
Paradise Island is renowned for its premier resorts, upscale shopping, fine dining, and luxury gated communities such as Ocean Club Estates. The scarcity of available land and substantial entry barriers add to the desirability of this property. Whether you are a developer poised to seize this opportunity, an investor seeking to harness the potential of this prime location, or an individual envisioning your very own private haven, One Paradise Island Drive stands as the quintessential real estate prospect you've been searching for.
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