Caribbean MLSReal Estate

FRY’S DIVE

Available on request

The brief

The reason to consider it.

Quit the world and move to Fry’s Dive! Formerly home to Mike’s Dive Shop, this natural beauty offers a 50’ L-shaped dock, protected hurricane hole, and a 12,000-gallon rainwater tank beneath a solid foundation. Spanning 1.287 acres with 300 feet of frontage, located in Fry’s Mangrove, on the highly desirable island of Elbow Cay, Abaco. The property includes deeded access through Elbow Cay Club and offers excellent potential for a private estate or boutique development. A transferable mooring license adds further value. Existing design concepts envision multiple cottages, a shared pool, and additional dockage—ideal for boating enthusiasts seeking direct water access. With strong vacation rental demand in the area, this property presents outstanding income potential. Enjoy sweeping views of the Hope Town Lighthouse and Parrot Cays, all just a 10-minute golf cart ride from the historic & vibrant village of Hope Town.

Last confirmed

Type
Land
Land
55,574 ft²

What this listing includes

  • Dock or mooring
  • Water storage
  • On-site security
  • Parking
  • Private pool

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