luxury apartments / penthouses with terrace for sale Cherokee, Bahamas

This 6.2-acre waterfront property in Marsh Harbour presents a rare opportunity to develop a boutique resort community with its own private marina and state-of-the-art dry boat storage facility. Ideally positioned adjacent to the Baker’s Bay Ferry Terminal with direct access to the Sea of Abaco and the famous surrounding cays, the site combines prime location with scale and growth potential. Entitlements allow for waterfront cottages and villas, protected docks for visiting boaters and villa guests, and The Bahamas first operational dry rack storage facility with capacity for 80 boats up to 45’. Only 1.05 acres have been developed to date, leaving significant room for expansion for condo/hotel villas and marina slips. With proven demand for boating, fishing, and luxury island living, this property offers a dual revenue model through resort villa and marina rentals and long-term boat storage income. For the right buyer owner financing is available.