Here is your chance to get into one of Water Island's most coveted locations at an incredible value! Just a 2-minute walk from the white sand and turquoise water of Honeymoon Beach, 46-1 offers huge potential in a location that is nearly impossible to replicate.The property features a 2-bedroom main residence, separate studio, and additional 2-bedroom end unit, with two kitchens and three bathrooms. Create the ultimate island family compound, live in one space while renting the others, or maximize the property's impressive income potential. The current owner has had great success utilizing the property for both short- and long-term rentals, making this a proven investment opportunity with multiple ways to generate income.Adjoining 46 REM (MLS 25-2273) is also available separately, with the seller open to a significantly discounted price for the purchase of both properties together.