Caribbean MLSReal Estate

3 bedroom Residence for sale in Bimini, The Bahamas

Available on request

The brief

The reason to consider it.

Welcome to a rare opportunity to own an exceptional waterfront property in the sought-after community of Port Royal, South Bimini. Positioned along the canal and offering stunning panoramic views of the Atlantic Ocean (Bahama Bank), this expansive property blends island life with functional luxury. The exterior boasts a newly constructed Tiki hut/gazebo (2020), native landscaping with palms and beach sand, and a private yard with low-maintenance grounds—perfect for effortless island enjoyment. Key Features: •6,000-gallon freshwater storage tank •Desalinization system producing 500 gallons/day & Fresh water well

Last confirmed

Type
Villa
Land
27,911 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Dock or mooring
  • Ocean view
  • Water storage
  • On-site security

What people say about Bahamas

Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.

  • Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
  • Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
  • Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
  • Concern Vacant land owned by foreigners carries a notably heavier tax until built on

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law