Properties Listing

Prosper Place, Coral Harbour Canal Coral Harbour
New Providence
Offered at: $1,500,000.00 Sold
Listing#: 10859 | Multi-Family | Hotels/Resorts

Description This property like Albany Marina and Gulf Course is located in the most peaceful and tranquel area of the island of New Providence, less than three miles from Lynden Pindling International Airport, less than four miles from Albany and less than seven miles from Baha Ma Resort and Gulf Course. One of the beauty about this property it is located on Coral Harbour which contains a deep water canal with access to the open ocean. Coral Harbour area is developing with construction of multi-million dollar homes on the beaches and the canal. The property contains: Eight (8) Condominium Units, namely; two (2) i bedroom 1 bathroom, 4 (2 bedrooms 1 bathroom and 2 (Town Houses containing 2 bedrooms 2.5 bathrooms. All the units are fully furnished. This site has been approved for an additional twenty four (24) condominiums and a twelve (12) Boat Slips, in the most peaceful and quiet area of Coral Harbour Canal. Also located on this beautiful piece of Real Estate are two other buildings, one that houses a generator and an Reverse Osmosis Plant and a 10,000 gallons water tank. The other building contains the Washer and Dryer, also use for storage. This is an ideal property for the creative investor.

Property Features

3 Stories
Appraised on Apr 04, 2013
Lot Size 39800 sq. ft
Building 8000
Apartment Style
Concrete Block
Finished Concrete Exterior
Concrete Tile Roofing
Septic Tank
Public Water Supply
Electric Heating
Central AC
Generator
Gated Entry
Balcony

On Canal
Beach Access
Parking Area
Enclosed Yard
Landscaped Yard
Cable TV
Boat Docking Facilities
Laundry Facility
Furnished
Patio
Deck

Mortgage Calculation

Offer Price:	$1,500,000.00
^*Government Stamp Tax @ 6%:	$90,000.00
Legal Fees @ 2.5%:	$37,500.00
Down Payment @ 10%:	$150,000.00
Offer Price + Fees - Down Payment:	$1,477,500.00 \| Amortize
^* The calculation shows the 12% Government Stamp Tax share between buyer and seller.

Contact Agent

Osbourne Stuart CRS, CRES, BRI, SVC

President/Broker
T: 242-323-7901
M: 242-423-8822
F: 242-328-2037

Message Agent / Osbourne's listings.

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