Great Exuma, Bahamas

18+ Acres Of Prime Oceanfront With
Development Approval

CONTACT

Tara McLean

President

508.942.3769

Elite Auctions - Tara McLean Headshot

Accepting Offers

PROPERTY SPECIFICATIONS

  • Total lot size: 18+ acres
  • Prime oceanfront location | Approximately 2,000+ lineal feet of beachfront
  • Located 3 miles from Exuma International Airport
  • Mixed-use development approved and permitted
  • Complete government approval for 8 oceanfront single family lots, 141 condominiums and villas, 72+ unit hotel, 12,000 square foot commercial plaza and full amenities package.
  • Ready to build
  • Very rare and valuable opportunity
  • Purchase includes existing, fully-operational, income-generating 12-unit hotel and 80-seat restaurant and bar

For Sale

– Accepting Offers –

The Palms at Three Sisters is situated on 18+ acres of prime oceanfront real estate on the Island of Great Exuma, The Bahamas. The development has been approved and permitted by the Ministry of Works. The project has complete government approval for 8 oceanfront single family lots, 141 condominiums and villas, 72+ unit hotel, 12,000 square foot commercial plaza and full amenities package.

The Palms at Three Sisters site is located 3 miles from Exuma International Airport as well as 3 miles from Sandals Resort at Emerald Bay. Approximately 2,000+ lineal feet of beachfront line the property allowing the design and construction of high-demand, direct ocean-view residences.

The process of attaining the necessary permits, approvals, and requirements for a development of this size is an extremely time consuming and detailed endeavor in The Bahamas. Any purchaser of The Palms at Three Sisters will not have to labor over these variables and could begin construction immediately after conveyance. This creates a very rare and valuable opportunity.

In addition to the development opportunity, included in the purchase of this property is a fully-operational, income-generating, 12-unit hotel and 80-seat restaurant and bar on-site.

Proven sales of other developments on Great Exuma support the potential for an incredible ROI. Property values have escalated since the arrival of the Sandals Resort and demand remains strong in the luxury market.

Great Exuma Island is the largest in the Exuma chain of out-islands located 85 miles southeast of Nassau. The capital of the Exumas, Georgetown, is located on Great Exuma. Approximately 6,000 residents populate Great Exuma and its sister island, Little Exuma.

Great Exuma is known for its secluded white sand beaches, crystal turquoise water and extremely private lifestyle. The leisure options are practically endless. Fishing, deep sea fishing, diving, snorkeling, sailing and yachting are all part of the appeal of the island. 

With an average year-round temperature of approximately 82 degrees, it’s no wonder why so many fall for the attraction and allure of Great Exuma.

The island also hosts the 5-star Sandals Resort at Emerald Bay, and its Greg Norman Championship Golf Course, yacht marina, and world-class amenities. Residential lots and properties at Sandals Resorts and Grand Isle have sold from $800k to $5M+. Great Exuma is second to none for exclusive clientele and property owners on the islands.

International access to Georgetown is available daily with several commercial and private flights into Exuma International Airport (GGT) from the United States and Nassau. Water entry is also a viable option, and there are international customs services available.

PERMITS & APPROVALS – 

  1. Project site plan which includes all zoning and density as proposed.
  2. Estate Lots 1-8 surveyed and platted. 
  3. Sewer Plant design and operation specifications.
  4. All civil design work and specifications including roads, storm water management and fire protection.
  5. All civil design work and specifications for sewer lines, lift stations and infrastructure.
  6. All civil design work and specifications for municipal water storage tank capacity and distribution and infrastructure.
  7. Approval of Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project.
  8. Building permit for Type 1 Building.

WORK COMPLETED TO-DATE –

  1. All buildings (Type 1 & 7) fully designed and engineered.
  2. All available contiguous parcels purchased. 
  3. Existing hotel/restaurant buildings completely renovated, furnished and equipped. 
  4. Obsolete out buildings removed.
  5. Site cleared.

PLANNED SERVICES & AMENITIES – 

Multiple Swimming Pools
Gated Community
On-site Security
Restaurants
Fitness Center
Health Spa
Tennis/Sport Court
Beach Grille
Beach Services
Watersports
Housekeeping Services
Catering Services
Luxury Rental Program
72+ Room Hotel
12 Unit Shopping/Office Plaza


Don’t miss your chance to own extraordinary property!

 

Great Exuma, Bahamas

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accepting offers

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This property is listed for sale by licensed real estate agent and broker Judith Hurlock (LIC # 483) of Seahorse Realty (LIC # 10046945), PH: 242.357.0600. Elite Auctions is a marketing service provider for auctions and is not a licensed real estate broker. The auction services referred to herein are not available to residents of any state where prohibited by applicable state law. Elite Auctions, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guarantee 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 protected and encouraged to participate. All bidders are required to pre-register for each property auction in accordance with the Terms and Conditions. Equal Housing Opportunity. In cooperation with James Gall, Jr., a licensed FL auctioneer (#AU-2). Elite Auctions is a licensed Florida auction business AB3687.