Rainbow Bay

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Reference #: 2914
Status: available
Price: $55,000
Island: Eleuthera
Location: Central Eleuthera
Community: Rainbow Bay
Property Size: 9,510 Sq Ft
Type: Vacant Land - Single-Family
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Property Description

This 9,510 sq. ft. lot is situated in the quiet community of Rainbow Bay - 7 minutes from the Governor's Harbour airport, a stone's throw to the nearby grocery store, 15 minutes from the hub of Governor's Harbour where all goods and services are available such as shipping, ferry service to and from Nassau, restaurants, banks, post office, various dry goods stores, additional grocery stores, and the historical and charming Cupid's Cay and Hayne's Library.

Convenient amenities in Rainbow Bay include, an inn and restaurant for your dining pleasure, 3 beaches with parks which are great for beach combing, snorkeling, and simply relaxing, a boat ramp for the nautically inclined, tennis courts, and more. The maintained roads and amenities are done through the Rainbow Bay Homeowners Association with their annual dues of approx. $60 per year for vacant lots and $200 per year for constructed residences.

For those Purchasers who need financing, the owners offer a five year equally amortized mortgage at 7.0% with a minimum down payment of 25% of the purchase price.

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