Introducing an incredible investment opportunity on Russell Island, Eleuthera. Comprising two homes, Water's Edge and Royal View, this 44,758 sq.ft. property boasts 217 ft. of water frontage and a private beach. Yielding a solid rental history with an average of 80-90% annual occupancy, this property is ideal as an investment, or as a family vacation estate. The property's prime spot, "Water's Edge", sits directly on the waterfront with breathtaking views from all rooms. Its open floor plan consists of a kitchen and living area, 2 bed/2 bath and a 384 sq. ft. deck hovering over the water. There's truly no better place to relax and unwind. The largest home, "Royal View", offers 3 bed/2 bath. You will experience the most stunning "royal" views from this home's expansive outdoor deck, offering an ideal spot for star gazing in the evening while dining al fresco. Royal view's interior is an open concept with a spacious kitchen and living area. Also included on the property is a 2-car garage, which is currently being converted into an additional efficiency style apartment "The Crab Shack".