It’s one of the most exciting opportunities to come along in The Bahamas in decades—a large development-ready island at the heart of one of the most upscale, booming markets in all of The Bahamas, at the thick of the billionaire action.

Known as the Gateway to North Eleuthera, 55-acre Charles Island is literally just feet from the exploding property market and incredible work force at Spanish Wells, and every mega yacht heading to exclusive Harbour Island passes within a stone’s throw of its shores. One side of the island is filled land that’s pliable and well protected, opening up an array of development capabilities at a fraction of the cost. Among the many possibilities is the area’s need for a world-class golf course. Despite the tremendous demand in North Eleuthera, there are currently no golf courses, giving a potential monopoly to Charles Island.

Already connected to the only private and most stable power plant in The Bahamas, Charles Island is also the perfect site for a power-heavy marina or property development. Public water is connected too, eliminating the need for generators and saltwater desalination. These same utilities can cost millions to supply on other islands, and with less stable infrastructure.

Just 15 minutes away, the international airport at North Eleuthera accommodates commercial, private and charter aircraft. A fast ferry service runs daily between Spanish Wells and Nassau, making it easy to head to the Nassau area for nightlife and gambling, then return in the morning to your private home, retreat or resort—Charles Island has ample room to accommodate them all, with nearly the entire island (55 acres out of about 58) included in this sale. Large, undeveloped, and with incredible resources just hundreds of feet away, Charles Island is not only the best blank canvas in The Bahamas, it’s the only prime property left of its kind.