Paradise Island - Beach Property For Sale #3197150

This rare shore-to-shore family estate offers the discerning investor the best of both worlds. Escape either to your own private family compound, or profit from the potential for significant rental returns. Creek House lies hidden on a unique peninsula within a secure gated community of only 5 exclusive homes. With 130ft of private water front on one side and a significant 115 feet of deeded dockage on a calm and private canal on the other. The main house has 4 bedrooms with a wraparound terrace and has been designed to take full advantage of its ocean setting that provides for excellent entertainment space to enjoy and fully appreciate the best of island living. The sizeable lot with mature mango and avocado trees also has a self-contained guest cottage and a large detached garage & workshop giving potential for further expansion of both ocean or marina side accommodation. Based on historic data, annualized rental income would exceed $150k per annum for 50% occupancy as well as another $20k in dockage fees.