Fantastic commercial development property opportunity only 50 miles from the coast of Florida!
The Bimini Beach Club in Port Royal includes over 12 acres of property (including marina), marina, plus almost 2 acres of residential lots. The site features the Twist Restaurant and Bar, Swimming Pool and Gazebo, Annex Staff Quarters, 48 slip marina, the pump house, and outbuildings.
Create income immediately with the marina while you renovate and develop the property!
This property is eligible for the Hotels Encouragement Act - which provides duty-free entry of approved construction materials, furnishings, and fixtures for hotel development as well as provides for exemption/concession from real property tax for the first twenty years of operation of a hotel/resort. Hotels with as few as four guest rooms on a Family Island and those with a minimum of ten rooms in New Providence qualify for concessions under the Hotels Encouragement Act. The act has been amended to also include shops and restaurants, which have a touristic component, and entertainment facilities.
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.