Home Listings Sold About Journal Valuation Contact
South Ocean Vacant Lot, Nassau
Sold — $155,000
Home/Sold/South Ocean Lot

South Ocean Vacant Lot

South Ocean — Nassau, Bahamas
$155,000 Land · 9,000 sqft Multifamily · 0.21 Acres Sold October 2025

Connecting the right buyer with a growth corridor

Aaron secured the buyer for this 9,000 square foot multifamily vacant lot in South Ocean. The brief was to identify a buyer who recognized the area's growth trajectory and the lot's development potential, given its proximity to Albany and South Ocean Estates.

South Ocean is not a speculative play — it is an established corridor where Albany's continued expansion is driving real demand at every price point. The challenge was matching this entry-level lot with a buyer who understood that context and could move decisively on a well-priced opportunity.

Even at a price point well below the luxury segment, this transaction demanded the same market knowledge and transaction discipline that applies to any deal in the Albany orbit.

Development-ready land near Albany

A 9,000 square foot multifamily vacant lot situated near the prestigious communities of South Ocean Estates and Albany. The lot is zoned for multifamily use, offering flexibility for residential development or investment purposes.

All utilities are in place, making the lot development-ready — a meaningful advantage in The Bahamas where infrastructure can add significant time and cost to a project. For a buyer looking to build or hold for appreciation, the groundwork was already done.

South Ocean benefits from Albany's gravitational pull. As the resort community continues to expand, surrounding land at every price point is being repositioned upward.

At 0.21 acres, this is a compact lot, but the multifamily zoning gives it outsized potential relative to its footprint. The location near Albany and South Ocean Estates places it squarely in one of Nassau's most active development corridors.

Nassau's most promising growth corridor

South Ocean is one of Nassau's most promising growth corridors. Albany's continued expansion has elevated the entire southwestern coastline, driving demand for land at every price point. Entry-level lots here are increasingly rare as developers and investors recognize the area's trajectory.

The dynamic is straightforward: as Albany attracts more high-net-worth residents and development, the surrounding land appreciates. What was once considered peripheral Nassau is now part of a luxury ecosystem. This lot sits within that ecosystem at its most accessible price point.

Aaron's broader South Ocean track record reinforces this understanding. Beyond this lot, his sales include the Frank Watson Boulevard tract at $2,000,000 — an 8.35-acre parcel directly opposite Albany — and Adelaide Beach Estates at $6,300,000, a 22-acre development site further along the coast. That range, from $155,000 to $6.3 million within the same corridor, reflects a deep knowledge of South Ocean's micro-markets.

Every price point, same standard

Closed at $155,000 in October 2025. Even at Nassau's most accessible price point, Aaron brings the same market knowledge and transaction execution that applies to multimillion-dollar deals.

This sale demonstrates a specific understanding of South Ocean's micro-markets — from entry-level lots to major development tracts. A buyer at $155,000 and a buyer at $6.3 million both need an agent who understands the corridor, the zoning, the trajectory, and the timing. The price differs; the expertise does not.

$155K Sale Price
9,000 Square Feet
2025 Year Sold

If you are looking at land in South Ocean — whether a single lot or a multi-acre development site — I bring corridor-specific knowledge and a track record across every price tier. The Albany effect is real, and understanding where each parcel sits within that dynamic is what separates informed decisions from speculation.

Other notable transactions

8 Acre Tract, Frank Watson Blvd Sold

8 Acre Tract, Frank Watson Blvd

South Ocean, Nassau $2,000,000 8.35 Acres · Opposite Albany
Adelaide Beach Estates — 22 acres of beachfront development land near Albany, sold by Aaron Davis Sold

Adelaide Beach Estates

Adelaide, Nassau $6,300,000 22 Acres · Development Land
Paradise Island Drive development lot — Sold by Aaron Davis Sold

Paradise Island Drive

Paradise Island $3,300,000 Prime Development Lot

Thinking of selling?

Get a confidential property valuation and understand what your home could achieve in today's market.

Request a Valuation →