Caribbean MLSReal Estate

BIMINI BAY RESORT

Available on request

The brief

The reason to consider it.

Nestled in the heart of a 685-acre master-planned resort destination and just steps from Resorts World Bimini, this prime waterfront parcel offers unmatched potential for residential or mixed-use development. Situated on approximately 1.78 acres and comprised of three individual parcels, the property boasts an impressive 290 feet of west-facing waterfrontage. Only the year before last, in 2023, the entire seawall was reengineered and reinforced with sheet piling, ensuring long-term stability and readiness for future construction on the property. This shovel-ready site provides immense flexibility for developers. Build three luxury single-family homes for resale or rental, inline with the community guidelines, or explore the potential for a multi-unit condominium development. Boasting an unbeatable location, this prime parcel is located directly across from the Resorts World Bimini Hotel and Casino and Bimini Bay Marina.

Last confirmed

Type
Land
Land
77,027 ft²
Zoning
residential or mixed-use development
Topography
waterfront
Build ready
Yes
Subdivision approved
Yes
Road frontage
88 m
Water
Yes
Electricity
Yes
Mains drainage
Yes
Internet
Yes
Permitted uses
Single family, Condominium development

What this listing includes

  • Beachfront
  • Marina
  • On-site security
  • Gated community

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