Title of Property: Margarita
Area: Cable Beach
Island: New Providence/Paradise Island
Listed Price: $1,800,000
Sale or Rent: For Sale Only
Property Type: Single Family Home
Bedrooms: 7
Baths: 7
SqFt Total: 6100
Construction: Concrete Block
Floors In Building: 2
Monthly Assessment: 0
Style: Multi-Family Lot
Exterior Finish: Finished Concrete
Bedrooms: 7
Baths: 7
SqFt Total: 6100
Construction: Concrete Block
Floors In Building: 2
Monthly Assessment: 0
Style: Multi-Family Lot
Exterior Finish: Finished Concrete
Currency: BSD
Lot: 21
Lot SqFt: 24999
Air Conditioning: Split
Flooring: Mixed
Foundation: Yes
Roof: Asphalt Shingle
Shared Amenities: Beach
Lot: 21
Lot SqFt: 24999
Air Conditioning: Split
Flooring: Mixed
Foundation: Yes
Roof: Asphalt Shingle
Shared Amenities: Beach
Total Finished Floor Area: 6,100
Description: Located just steps from the pristine shores of Cable Beach, this estate property presents a rare opportunity for buyers seeking space, character, and upside in one of Nassauâs most desirable areas. Set on an expansive nearly 25,000 sq. ft. lot, the property offers significant potential for restoration or multifamily redevelopment. The main residence features classic Bahamian architecture, generous room sizes, and large windows that allow for abundant natural light. While the home does require updating and care, it provides a solid canvas for a thoughtful renovation that can restore and elevate its original charm. Outdoors, mature tropical landscaping surrounds a beautiful yard and pool area, creating a private oasis ideal for relaxation or entertaining. Just a short walk from the sea, the property enjoys close proximity to the ocean for added relaxation and some coastal living. Adding further value, the estate includes four self-contained apartments, offering immediate income potential while plans for the main house are realized.
MLS Number: 65616
Date Modified: 01/27/2026
Listed by: Hideaways Real Estate
