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$ 290,000
Est. payment /mo
Active
BAILEY TOWN Bimini
3 Beds
3 Baths
1,119 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,119 sqft
Price per Sqft $259
MLS Listing ID 67679
Style Apartment
Bedrooms 3
Lot Size 2,237 Sqft
Property Description
Bailey Town Residences presents an exceptional investment opportunity in the heart of North Bimini. This income-producing triplex consists of three fully self-contained one-bedroom, one-bathroom apartments, offering immediate rental income with significant upside potential. Situated on a corner lot, the property features private entrances, covered outdoor spaces, ample parking, and a practical layout designed for long-term tenancy or workforce housing. Whether you're an experienced investor or seeking your first income-producing property, Bailey Town Residences offers strong cash-flow potential in one of Bimini's established residential communities. Adding to its appeal, the property includes approved plans for future vertical expansion, creating an opportunity to increase rental inventory and enhance long-term returns. With Bimini continuing to experience growth and development, this property is well-positioned for investors seeking both current income and future appreciation.
Location
Community North Bimini
Area North Bimini
Building/Complex Name Bimini
Interior
Interior Features Impact Windows
Cooling Split
Flooring Ceramic Tile
Exterior
Exterior Feature Porch
Parking Features Carport - Single, Other
Roof Type Asphalt Shingle
Building
Foundation Yes
Sewer Septic - Yes
Water City
Structure Type Frame
Courtesy of: The Bahamas MLS
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