Street Name: PARADISE ISLAND DRIVE
Area: Paradise Island
Island: New Providence/Paradise Island
Listed Price: $2,900,000
Property Type: Land Only
Major Type: Acreage
Currency: USD
Lot: 1
Lot SqFt: 43560
Amenities: Shopping Area
Sale or Rent: For Sale Only
Description: One Paradise Island offers the rare opportunity for a developer to acquire one of the last remaining parcels of vacant land on world-renowned Paradise Island. Located within walking distance of Atlantis and within steps of The One & Only, a Four Seasons Resort, this one-acre north-facing parcel located on this resort-style island is zoned multifamily and has potential for development of townhouses, villas or condominium units, or a sizeable private family estate, with additional space on-site for incorporating amenities such as a swimming pool or tennis court. With 200 feet of direct frontage on Paradise Island Drive, once developed, One Paradise Island will offer convenient ingress and egress with enough space for a buffer to be included so homes or an estate can be set back from the road for privacy. Known for its premier resorts, high-end shopping, fine dining, and ultra-luxury gated communities like Ocean Club Estates, Paradise Island is a high barriers-to-entry community that leaves very little opportunity for competitive development.