Caribbean MLSReal Estate

3 bedroom Residence for sale - COCONUT GROVE ESTATE in Abaco Islands, The Bahamas

Available on request

The brief

The reason to consider it.

Perched above Tahiti Beach, this private estate offers direct ownership of beachfront lots that connect to one of the Bahamas’ most iconic sandbars. Coconut Grove Estate is a one of a kind 7-lot estate on Elbow Cay spanning about 3 acres from hillside to shore. Five elevated lots covering roughly 2 acres, include two guest building, large pool, a 100,000-gallon cistern, and a prepared foundation for a future main home, plus set aside tennis or pickle court. Below, two beachfront lots just under 1 acre boast over 260 feet of pristine shoreline with direct Tahiti Beach access. The estate also comes with two 40-foot dock slips in nearby Dorros Cove Marina for the perfect land-and sea-lifestyle. Do not miss this change to create a legacy retreat or luxury compound in of the Bahamas’ most exclusive locations.

Last confirmed

Year built
2005
Type
Villa
Land
126,271 ft²

What this listing includes

  • Pool
  • Private pool
  • Beachfront
  • Dock or mooring
  • Garden
  • Terrace
  • Ocean view
  • Tennis court

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