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For Sale property id: 77749295
USD 8,000,000 Mortgage Calculator
USD 8,000,000
Bimini Bay Waterfront Development Opportunity, The Bahamas
  • Land Size
    7203.404431872 m²

Description

Don’t overlook this scarce opportunity to acquire the last undeveloped site in Bimini Bay, the closest point in The Bahamas to the U.S. mainland. 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 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, in-line 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, the largest marina in The Bahamas at 230 slips. Furthermore, it's just a short walk to the cruise ship terminal, and an array of upscale amenities and attractions. Currently the island of South Bimini is undergoing a multi-million-dollar airport investment and expansion with the repaving of the island’s runway and expanded aircraft parking facilities already completed, and a new 20,000 sq. ft. airport terminal under construction, due to be delivered in late 2025. With this, airlift will be increased with additional direct international flights from the U.S. into Bimini. As part of the overall investment, a new ferry terminal is also being planned for the region.

About Bimini:
• Only 1.5 hours by boat from Miami
• Comprises two islands: North & South Bimini
• Known as the "Sport Fishing Capital of The World"
• The cruise port can berth some of the largest vessels at sea
• Bimini Bay Resort's Mega Yacht Marina accomodates yachts up to 200'
• Bimini was Ernest Hemingway's favorite seaside hideaway

Located only 50 miles from Miami, this is your final chance to secure the last premier waterfront development site in one of the most sought-after communities in The Bahamas. Don't miss this legacy investment opportunity in a thriving, internationally renowned resort destination.

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