Caribbean MLSReal Estate

ONE MARINA - 5 Bed, 5.5 Bath Penthouse with Ocean View in Palm Cay

Available on request

The brief

The reason to consider it.

Introducing an exceptional double penthouse in the gated, beachfront community of Palm Cay. The largest residence in One Marina, Unit 109 is a spacious and luxurious 5 bed, 5.5 bath condo, that seamlessly blends expansive interior living with generous outdoor spaces. A well-designed kitchen is equipped with high-end appliances, making it ideal for everyday living and entertaining. The open-plan living area spans the full width of the unit and enjoys natural light from sliding glass doors that open onto the large balcony, perfect for outdoor dining. Upstairs, the primary suite features its own balcony, ample closet space, and a luxurious ensuite bathroom. A separate guest wing includes 2 ensuite bedrooms, while 2 additional ensuite bedrooms are located on the 1st floor. The unit has a laundry room, powder room, rooftop pool access, plus a private rooftop pool and patio offering amazing ocean views. Residents enjoy Palm Cay’s world-class marina, abundant amenities, and a community with no rental restrictions, making 109 ideal for vacation rentals.

Last confirmed

Type
Apartment
Land
Available on request
Year built
Available on request

What this listing includes

  • Gated community
  • Beachfront
  • Pool
  • Private pool
  • Rooftop pool
  • Marina
  • Ocean view
  • Balcony

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