An exceptional opportunity to own a spacious multi-family canal-front lot in the desirable Pearl Bay subdivision in Freeport. This prime vacant parcel measures approximately 43,000 square feet, almost 1 acre (roughly 200 ft by 215 ft), with an impressive 200 feet of direct canal frontage, ideal for boaters and those seeking true waterfront living. The main canal connects both the north and south shores of Grand Bahama. Located in a quiet, established community of million-dollar homes, you are just minutes from Port Lucaya shopping, dining and marina, about 10 minutes from beautiful beaches, and a short drive from Grand Bahama International Airport. Key highlights: Suitable for a luxury single-family home or a multi-family development; 200 feet of direct canal access with excellent potential for a private road access and utilities available in the area; Strong long-term appreciation potential as Grand Bahama continues to grow. Build your dream island home, create a private boating retreat, or hold as a waterfront investment, this Pearl Bay lot brings location, size and lifestyle.