One Ocean 3 Bedroom

Paradise Island, Paradise Island, Bahamas

Property ID: #126775 // RESIDENTIAL
2,887 ft²
- acres
3 beds
3 baths
  • Title
    One Ocean 3 Bedroom
  • City
    Paradise Island
  • State
    Paradise Island
  • Country
    Bahamas
  • Property Type
    Residential
  • Additional Types
    Condo, Home, Luxury, Residential
  • Beds
    3
  • Full Baths
    3.00
  • Square Feet
    2,887
PROPERTY INFORMATION

One Ocean Bahamas waterfront real estate is ideally situated on Nassau Harbour, Bahamas, between Atlantis, Ocean Club, and One&Only Resort. Nassau’s rising sweet spot, One Ocean is the tallest residential building on Paradise Island. European quality is tangible in the German-made doors and Italian kitchens. Dining rooms and living areas flow into each other and give way to the huge sky terraces. Spacious floor plans make it easy to welcome friends and family, and these kitchens know no compromise, so go ahead and entertain.

3 Bedroom plan offering 2,887 sf and 3 bathrooms. Just off the main terrace, the master suite is a sanctuary with its own private patio, den, full bathroom, and walk-in closet. Pricing starts at $1,250,000. HOA fees apply.

Home Specifications:
- Private Elevator Entry into Each Residence
- 8’ High Interior Solid Detailed Wood German-Made Interior Doors
- European Kitchens
- Wolf, Bosch, and Sub-Zero Appliances
- Imported Porcelain Tiles throughout Interior Floors and Exterior Balconies
- Hurricane Rated, Impact Resistant Exterior Doors and Windows
- Raised Ceilings (10 ft) in the Living Room and Bedrooms
- Fresh Air Returns for Air Conditioning
- Exterior Rails are Marine Grade Powder Coated Aluminum
- Solid Wood Cabinetry with Quartz Countertops
- Oversized Double-Sink Cabinets & Quartz Countertops in Master Bath (Variety of Color Selections Available)
- Glazed Shower Doors
- Kohler Plumbing Fixtures
- Exterior Louvered Vents for Dryers and Bathroom Exhaust Fans

One Ocean amenities include a large pool, fitness center, concierge services, underground parking, 24hr gated security, and a marina. One Ocean owners also have the opportunity to join the exclusive social membership of Atlantis Resort which grants access to the entire Atlantis Resort and One and Only Resort on Paradise Island. Beach access is also available from 4 convenient locations on Paradise Island.

5 Reasons to Buy

  1. No Better Location
  2. Accessible - So You’ll Visit Often
  3. Developed by Destination Resort Specialists
  4. Exceptional Value
  5. Great Timing

Property Buying Tips

So you’ve decided to buy! Congrats, that’s great!
Here are some great tips to get you on your way to ownership.

1. Determine Your Budget & Save

Take into account the average down-payment is 10%. 10% is not required, but the loan amount and approval will fluctuate depending on the percentage you put down. Determine how much you can pay for your monthly mortgage. Outline your expenses and be honest with yourself about what you can reasonably afford. Also, ask yourself what happens if you lose your job? Or if you’re part of a couple, what happens if your spouse loses their job?

2. Secure a Loan

Once you’ve got your budget in order, it’s time to go shopping for a loan. Visit multiple lenders to weigh your options and find the best deal. Each bank will determine if you are eligible and at what interest rate you will be charged. based on your financial situation. Make sure to ask questions such as what the breakdown of the monthly payments will be once you have made your down payment, how the loan term will affect your monthly payments, whether or not the interest rate is fixed or variable, if home insurance or any other services are included within the home purchase amount.

3. Be Prepared

Have a current Pre-qualification letter and good faith deposit funds available. Technology makes it easier than ever for your real estate agent to draft and transmit a purchase offer back and forth for your signatures. But, this is only one piece of the puzzle. You also need a current pre-qualification letter, and ready access to your good faith deposit. This can be obtained from the bank and confirms their willingness to give you a loan. Most sellers won’t accept a letter that’s more than three months old. If your home search lasts for more than three months, you’ll need an updated pre-qualification letter. When you submit your offer, it must include a check for the good faith deposit. Generally, good faith is at least 3% of the purchase price. This check will be deposited into an escrow account within three days of an accepted offer.

4. Stay Informed

Always make sure to do your homework and learn the history on a property you are interested in. Does the neighborhood have a high crime rate or a new highway/major road being constructed nearby that could be affecting the price? Is the heating, plumbing, roofing and window work in good condition? Those hidden problems can lead to major expenses in the future - post purchase. Ask your realtor for a property condition report and and see if the home comes pre-inspected. If not, we highly recommended to get and inspection before the purchase is complete. Being “in-the-know” and taking the extra steps can save you money and headaches in the long run.

Traditional Sale
List Price:
$1,250,000

By placing an offer, you are agreeing to the terms & conditions of the traditional sales process.

Wondering how the traditional sales process works? Click here.

Request Information
How would you like to receive the information? *
E-mail Text Phone Chat
Add a message to your request? *
Yes No
Agent Contact & Showing Info
  • Dexter Avney
  • R.E. Properties Caribbean
Financing

Please contact your local lender