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Unlock the potential of this leasehold opportunity with the option to extend the lease through 2055 when financed with a mortgage. This spacious two-story unit features a generous living area on the main level, complete with a convenient half bath - perfect for everyday living and entertaining. Upstairs, you'll find three comfortable bedrooms and a full bath, providing a functional layout for a variety of living needs. The low-maintenance outdoor spaces offer privacy and space for outdoor enjoyment. An incredible opportunity for both owner-occupants and investors alike, this property is ideal for those looking to add value with updates and improvements. Ideally situated near schools, shopping, and some of the area's most beautiful beaches, you'll enjoy easy access to ocean activities and the relaxed island lifestyle. A rare chance to secure a home at an attractive entry point. Ideal for buyers ready to make it their own.