Lucayan Capital Group
Aerial view of Freeport and Lucaya, Grand Bahama

For sale directly by the owners — no broker involved

Land for Sale in Freeport, Grand Bahama
11 Acres on West Sunrise Highway

Two adjoining parcels held for years in Freeport, Grand Bahama — one zoned commercial, one multi-family residential — together spanning more than 1,500 feet of highway frontage. Available individually or combined.

Make an Offer See the Two Parcels
About this offering

These two parcels are part of a broader real estate portfolio held by Lucayan Capital Group across Freeport, Grand Bahama. As part of an ongoing portfolio review, both sites are being offered for sale directly by the ownership group — no listing agent, no broker fees.

— Lucayan Capital Group

The Land

Two Parcels, One Corridor

Both lots sit on West Sunrise Highway, Freeport's main commercial artery, a few minutes from the international airport and Freeport Harbour.

Site map showing Block IN boundaries on West Sunrise Highway
Property 1

Block IN — The Commercial Parcel

7.01 acres with 875.68 feet of frontage directly on West Sunrise Highway — one of the largest contiguous commercial holdings left on this corridor. It was originally surveyed for hospital use, so it's already cleared with straightforward highway access, and works well today for retail, hospitality, or office development.

  • ZoningCommercial
  • Frontage875.68 ft on West Sunrise Highway
  • Size7.01 acres
  • LocationA few minutes from Grand Bahama International Airport and Freeport Harbour
  • Asking price$2,280,000 (about $325K/acre)
View survey / appraisal document ↗
Site map showing Block PN boundaries on West Sunrise Highway
Property 2

Block PN — The Residential Parcel

4.00 acres zoned multi-family residential, with 631.97 feet of its own highway frontage. This portion was set aside in the original plan for staff housing — on its own it suits townhomes or a gated residential community, and it can be combined with Block IN for a larger mixed-use plan.

  • ZoningMulti-Family Residential
  • Frontage631.97 ft on West Sunrise Highway
  • Size4.00 acres
  • Best suited forTownhomes, gated residences, or a mid-density apartment community
  • BonusCan be purchased with Block IN as the full 11-acre site
View survey / appraisal document ↗

Location

Exact Coordinates, West Sunrise Highway

Both parcels sit just north of West Sunrise Highway, a few minutes from Grand Bahama International Airport and Freeport Harbour. Each pin below marks the precise, surveyed location of that parcel.

Block IN — Commercial, 7.01 Acres
Block PN — Multi-Family Residential, 4.00 Acres

Why Freeport

What Made Us Comfortable Holding This Land

We're not developers ourselves, but here's what made Freeport worth holding onto for as long as we did — and what still holds true for whoever takes this land on next.

01

Tax Advantages

No income, corporate, property, capital gains, import, or export tax in the Bahamas — a real advantage for any development plan. Source ↗

02

Strategic Location

55 miles off the coast of Florida, with direct reach into North American markets. Source ↗

03

Solid Infrastructure

A fiber-optic link to North America, an international airport with direct U.S. flights, and the region's deepest seaport with a Post-Panamax-ready container terminal. Source ↗

04

Stability

The Bahamas is a stable parliamentary democracy, consistently ranked among the least corrupt jurisdictions in the Caribbean.

Getting Around

  • Grand Bahama International Airport — a short drive, with direct U.S. flights
  • Port Lucaya Marketplace — shopping, dining, and entertainment nearby
  • Freeport Harbour — a major transshipment hub for trade
  • Lucaya International School & Bishop Michael Eldon School — nearby options for families
Map of Freeport and vicinity, Grand Bahama

Freeport's Free Trade Zone also offers long-term tax concessions, streamlined permitting through the Grand Bahama Port Authority, and reliable power and water service for commercial development. Source ↗

In the News

Freeport Is in the Middle of a Multi-Billion-Dollar Build-Out

These aren't our claims — they're recent, independently reported developments shaping the corridor this land sits on.

April 2025

Cruise Lines Target $348M Investment at Xanadu Site

Royal Caribbean and Celebrity Cruises secured government approval to acquire the long-closed Xanadu Beach Hotel and roughly 40 surrounding acres in Freeport, part of a $348M investment that would give Grand Bahama a third private cruise destination alongside Carnival's Celebration Key.

Read on Tribune242 ↗
July 2026

Hotel Union “Gung Ho” to Exit Freeport's Bazaar

The Bahamas Hotel, Catering and Allied Workers Union says it's ready to close a 20-year chapter of losses as the government finalizes its acquisition of the International Bazaar site, clearing the way for the Afro-Caribbean Marketplace and Logistics Centre.

Read on Tribune242 ↗
2026

Grand Bahama Positioned as Caribbean Gateway for Trade, Tourism & Investment

The Bahamian government's latest Speech from the Throne named Grand Bahama the country's gateway to the Caribbean for trade, tourism, and investment — pointing to the Afro-Caribbean Marketplace, the MSC Cruise Port, and the Xanadu Beach Project as the anchors of that transformation.

Read on EW News ↗

Pricing

Buy One Parcel, or Both

We're open to selling Block IN and Block PN separately or as a combined 11-acre site — whichever fits your plans.

Block IN

Commercial zoning

Suited to retail, office, or hospitality development, with high visibility along West Sunrise Highway.

7.01 Acres $2,280,000

Block PN

Multi-family residential zoning

Suited to townhomes, apartments, or a gated community, meeting local housing demand.

4.00 Acres $1,200,000

Combined

Both parcels together

One 11-acre mixed-use site, combining commercial and residential entitlements.

11.01 Acres $3,480,000
Diagram of the combined 11-acre development site
The combined 11-acre site, Block IN and Block PN together

Get in Touch

Interested? Let's Talk Directly.

We're selling this land ourselves, without a broker. If you're interested in Block IN, Block PN, or the two together, fill out the form with your offer and a bit about your plans, and someone from our family will follow up with you personally.

Which parcel are you interested in?

Lucayan Capital Group

Sold directly by the ownership group — no broker.

Location

West Sunrise Highway
Freeport, Grand Bahama