Bahama Waterfront Investment Property

FREEPORT, GRAND BAHAMA ISLAND // FEBRUARY 18TH

CONCIERGEAUCTIONS.COM // 212.257.5016

IN COOPERATION WTIH RITCHIE BROS. AUCTIONEERSLISTED BY JAMES SARLES OF JAMES SARLES COLDWELL BANKER

APPRAISED FOR $5.5M. SELLING WITHOUT RESERVE. 2.5% CO-BROKER COMMISSION.PREMIER WATEFRONT INVESTMENT OR DEVELOPMENT OPPORTUNITY ON GRAND BAHAMA ISLAND

YOU’RE INVITED TO ATTEND:Open House: Daily 1–4PM & by Appointment

Preview Event: February 5th // 5–7PM // Seaside Gril l in Port Lucaya MarketplaceAuction: February 18th

54

76

LOTS 35-38, BAHAMA REEF BOULEVARDFREEPORT, GRAND BAHAMA

BAHAMA REEF YACHT & COUNTRY CLUB MULTI-UNIT COMPLEXES

A premier investment or development opportunity — The

Sea Breeze and Le Chateau Apartment complexes located

within the Bahama Reef Yacht and Country Club subdivision

include three separate apartment buildings and a neighboring

buildable lot set on a total of 1.37 acres with an appealing

475 feet of water frontage.

Walkable to The Ocean Reef Yacht Club & Resort, minutes

from one of the world's top Top 100 golf courses — The Grand

Lucayn's Reef Course — and a short drive from the bright

lights and white sand beaches of Freeport/Lucaya, these

three apartment communities in The Bahamas Reef Yacht and

Country Club Subdivision are ripe with opportunity. Ideal to

transform into a condominium development for enjoyment

while your yacht awaits at the marina beyond or to update

and keep as a rental property for local residents.

As the Bahamas fourth largest island, a tax haven flourishing

in tourism, banking and building construction, The Sea Breeze

and Le Chateau Apartments are primed to offer endless

opportunities for a visionary investor.

WATERFRONT DEVELOPMENT OPPORTUNITY

98

1110

• Three, multi-unit complexes with 35 total units

• One buildable, cleared and planted lot

• Set in well-established Bahama Reef Yacht and Country

Club Subdivision

• Zoned multi-family, high-rise lots

• 1.37± total acres with 475± ft of waterfront/dockage

• Private swimming pool & bar

• Neighbors the Ocean Reef Yacht Club & Resort and

the Grand Lucyan's Reef Golf Course

• Mins to downtown Freeport/Lucaya and airport

DEVELOPER'S PARADISE.

Set on 475 feet of water frontage along Bahama Reef Boulevard, this premier investment property is ripe with

opportunity for future income as a condominium community geared towards boaters or to keep as a apartments in

the local market.

1312

1514

GRAND BAHAMASLIFESTYLE

Lying just 75 miles off the coast of Florida, Grand Bahama Island

offers carefree living with a small community feel. Easily fly into

Freeport from numerous locations in the United States and Europe

to encounter pristine white sand beaches offering an array of water

activities including sportfishing, sailing, snorkeling and scuba-diving

in crystal clear turquoise waters. With more than 300 sunny days

each year and an average annual temperature of 75 degrees, nearly

every day is perfect for taking advantage of all there is to see and do.

If relaxation is more your speed — settle into a hammock at Taino,

Williams Town or Xanadu beaches and just enjoy the scenic

views. In addition, several national parks offer peaceful nature

trails for viewing exotic plants and flowers, verdant waterfalls and

fern gullies, as well as the graceful pink flamingo, the bird of the

Bahamas. Lucayan National Park and The Bahamas National Trust

Rand Memorial Nature Centre are both just minutes from downtown

Freeport and are said to transport you to a different time and place.

Additionally, freedom from most types of taxes — property, income,

capital gains, inheritance and corporate — makes this locale even

more enticing.

CAREFREE CARIBBEAN LIVING

NASSAU

WEST PALM BEACH

FORT LAUDERDALE

FREEPORT &PORT LUCAYA

MIAMI

FLORIDA

BAHAMAS

GRAND BAHAMA HWY

E MA

LL

EAST PALM BEACH

LUCAYA BEACH

GRAND BAHAMAINTERNATIONAL

AIRPORT

BAHAMA REEF YACHT & COUNTRY CLUB

MULTI UNIT COMPLEXES

OCEAN YACHT AND COUNTRY CLUB

REEF GOLF COURSE

LOTS 35-38

LUCAYA BEACH WEST

ATLANTIC OCEAN

1716

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This property is listed for sale by James Sarles (#512) of Inlight Partners Limited dba Coldwell Banker James Sarles Realty, 104 Retail Street/P.O. Box F- 43152, Freeport, Grand Bahama Island, The Bahamas - (212) 655-5751. Concierge Auctions LLC and Ritchie Bros. Auctioneers (America) Inc. are both marketing service providers for auctions and are both licensed as a Florida Auction Business (Nos. AB2760 and AB303, respectively). Concierge Auctions LLC is also a licensed Florida Real Estate Corporation (CQ1032600). The address for Concierge Auctions LLC is 777 S Flagler Drive, West Palm Beach, FL 33401, (888) 966-4759. The address for Ritchie Bros Auctioneers (America) Inc. is 700 Ritchie Road, Davenport, FL 33897 - (863) 420-9919. Auctioneer Frank Trunzo (AU2328) or Patrick J. Hicks (AU2215). Concierge Auctions LLC, Ritchie Bros. Auctioneers (America) Inc., and their respective agents and affiliates, broker partners, auctioneers, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate.See Auction Terms & Conditions for full details.

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