Located in the desirable Surrey Bay community of Freeport, Grand Bahama, Lot 5 offers an excellent opportunity to secure a canalfront multi-family parcel in a peaceful residential setting. This spacious lot consists of approximately 27,947 square feet and is zoned for multi-family development, making it well-suited for an income-producing rental property, duplex/triplex-style concept, or a private residential investment project. The property benefits from its canal frontage, offering the potential for attractive water views and the relaxed island lifestyle that makes Grand Bahama appealing to both residents and investors. Its location provides convenient access to nearby residential communities, beaches, shopping, schools, and essential amenities within Freeport. Whether you are looking to build for rental income, long-term appreciation, or future personal use, Lot 5 Surrey Bay represents a compelling land opportunity in one of Freeports established canal communities.