Ocean Terraces, New Providence Paradise Island
Description
Set on a 5.29-acre elevated property overlooking the beach and ocean along West Bay Street, The Ocean Terraces present a one-of-a-kind opportunity to acquire a turnkey, 16-unit condominium building. The property is fully furnished with move-in-ready residences and includes ample land for at least two additional similar buildings on the hilltop above the existing structure. The current building is configured as follows: there are four penthouses-two with two bedrooms and two with three bedrooms. All penthouses feature soaring 14-foot ceilings and top-of-the-line appliances, including wine coolers. The three-bedroom units offer spacious master bathrooms with standalone bathtubs and bidets. In addition, there are ten two-bedroom, two-bathroom units, each equipped with Viking appliances and wine coolers, as well as two one-bedroom units with a den. Every residence boasts large ocean-facing terraces and in-unit laundry facilities. All ocean facing french doors have fully automated roll down shutters. The Ocean Terraces offer excellent potential for multiple income streams.
Where it is
What's on near New Providence Paradise Island
09/29Weekly Walking ClubDockside · Atlanta09/29Guided Workshop: Painting Flowers
Community Center09/29Tuesday Take-over: 2Minds
Muziekgieterij · Maastricht09/30Travel now through September 30, 2026.
Viva Fortuna Beach by Wyndham
Climate · Nassau
Station: NASSAU AIRPORT NEW · 12.5 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 26 |
| Feb | 27 |
| Mar | 27 |
| Apr | 29 |
| May | 30 |
| Jun | 32 |
| Jul | 33 |
| Aug | 33 |
| Sep | 32 |
| Oct | 31 |
| Nov | 28 |
| Dec | 27 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 71 |
| Feb | 67 |
| Mar | 73 |
| Apr | 94 |
| May | 164 |
| Jun | 253 |
| Jul | 173 |
| Aug | 222 |
| Sep | 200 |
| Oct | 172 |
| Nov | 122 |
| Dec | 58 |
What's nearby 871 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Oceanfront Parcel New Providence Paradise Island | 1 min walk | — | $13,500,000 |
| Penthouse 1, B2 Caves Heights New Providence Paradise Island | 4 min walk | 4 | $3,200,000 |
| B4 Caves Heights, Unit 2C New Providence Paradise Island | 4 min walk | 3 | $1,775,000 |
| Westridge Lot New Providence Paradise Island | 4 min walk | — | $475,000 |
| Atlantic Drive, Westridge New Providence Paradise Island | 5 min walk | 4 | $970,000 |
| Royal Oasis, Unit 102 New Providence Paradise Island | 6 min walk | 2 | $569,199 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 other properties in New Providence Paradise Island advertised at within 25% of this price. Their median asking price is $15,950,000 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Dilly Dally | New Providence Paradise Island | 6 | $15,950,000 | same |
| Clifton Bay Drive | New Providence Paradise Island | 4 | $13,700,000 | -14% |
| Oceanfront Parcel | New Providence Paradise Island | — | $13,500,000 | -16% |
| Veridian Corporate Center | New Providence Paradise Island | — | $18,750,000 | +17% |
| Zoi Albany Estates | New Providence Paradise Island | 7 | $19,950,000 | +25% |
| 3 Aguas Shamrock Road | New Providence Paradise Island | 7 | $12,000,000 | -25% |
