Paradise Island Drive

Paradise Island Drive runs the length of the island as its main residential and connective artery, lined with established condominium communities such as Ocean Club Residences, Bayroc-style developments, Harbour-side complexes and gated condo enclaves. It is the everyday backbone of island life, close to the bridges, the golf course, Cabbage Beach and Atlantis, and home to the largest share of Paradise Island's full-time and seasonal residents. The feel is settled and residential rather than resort-frenetic. It is also the most attainable way onto the island. Condos here range from roughly US$500,000 to US$2M, typically US$600-$1,100 per square foot, below the beachfront and gated-estate premiums. Steady rental demand from both vacationers and longer-term tenants supports gross yields of 6-8%, and many units still clear the US$750,000 residency threshold. For investors seeking a balance of price, income and Paradise Island prestige, the Drive's established condos are the practical core of the market.

Paradise Island Drive in Paradise Island, New Providence Island, Bahamas